Description
Release order issued by SEBI for Recovery Certificate No. 4152 of 2021 against Sanjay Jethalal Soni in relation to Timbor Home Limited proceedings.
Summary
SEBI has issued a Release Order for Recovery Certificate No. 4152 of 2021 against Sanjay Jethalal Soni in the matter of Timbor Home Limited. This order indicates the completion or resolution of recovery proceedings initiated under SEBI’s enforcement actions.
Key Points
- Recovery Certificate No. 4152 of 2021 issued against Sanjay Jethalal Soni
- Related to Timbor Home Limited matter
- Release order signifies completion of recovery process
- Part of SEBI’s compliance and enforcement framework
- Demonstrates closure of specific enforcement proceedings
Compliance Requirements
This release order concludes the recovery proceedings against Sanjay Jethalal Soni. No new compliance requirements are introduced for market participants. The order represents the successful completion or resolution of the recovery certificate process.
Important Dates
- Order Date: February 6, 2026
- Recovery Certificate issued: 2021 (RC No. 4152)
Impact Assessment
This order has minimal market impact as it relates to the conclusion of specific recovery proceedings against an individual (Sanjay Jethalal Soni) in relation to Timbor Home Limited. The release order indicates that the recovery proceedings have been completed or resolved. It demonstrates SEBI’s ongoing enforcement and recovery mechanism but does not affect broader market operations or introduce new compliance obligations for other market participants. The order is specific to the named defaulter and does not have systemic implications for the securities market.
Impact Justification
Release order indicating completion or resolution of recovery proceedings against an individual entity. Limited market-wide impact as it pertains to specific enforcement action conclusion related to Timbor Home Limited.