Description
SEBI cancels Recovery Certificate No. 4152 of 2021 issued against Sanjay Jethalal Soni in the matter of Timbor Home Limited.
Summary
SEBI has issued a cancellation order for Recovery Certificate No. 4152 of 2021 that was issued against Sanjay Jethalal Soni in the matter of Timbor Home Limited. This order cancels the recovery proceedings that were initiated under the recovery certificate.
Key Points
- Recovery Certificate No. 4152 of 2021 has been cancelled
- The certificate was issued against Sanjay Jethalal Soni
- The matter relates to Timbor Home Limited
- This is a compliance order under SEBI’s recovery proceedings framework
Regulatory Changes
No new regulatory changes introduced. This is an administrative order cancelling a specific recovery certificate.
Compliance Requirements
The cancellation of the recovery certificate terminates the recovery proceedings under the said certificate. No further action is required under this specific recovery certificate.
Important Dates
- Order Date: February 6, 2026
- Original Recovery Certificate Date: 2021
Impact Assessment
This order has limited market impact as it pertains to individual recovery proceedings. The cancellation may indicate settlement of dues, completion of recovery, or other reasons warranting termination of the recovery certificate. The order affects only the specific defaulter named and does not have broader market implications.
Impact Justification
Recovery certificate cancellation order affecting a specific defaulter; limited market-wide impact.