Description
SEBI issues cancellation order for Recovery Certificate No. 4154 of 2021 against Krupa Sanjay Soni in the matter of Timbor Home Limited, indicating resolution of the recovery proceedings.
Summary
SEBI has issued a cancellation order for Recovery Certificate No. 4154 of 2021, which was issued against Krupa Sanjay Soni in relation to Timbor Home Limited. The cancellation order signifies that the recovery proceedings have been concluded, likely due to compliance with outstanding obligations or resolution of the matter through other means.
Key Points
- Recovery Certificate No. 4154 of 2021 has been cancelled
- The certificate was issued against Krupa Sanjay Soni
- Matter pertains to Timbor Home Limited
- Cancellation indicates resolution or closure of recovery proceedings
- Order issued on February 6, 2026
Regulatory Changes
No regulatory changes introduced by this order. This is an administrative order cancelling an existing recovery certificate.
Compliance Requirements
No new compliance requirements. The cancellation order represents the conclusion of enforcement proceedings against the named individual.
Important Dates
- Order Date: February 6, 2026
- Original Recovery Certificate: No. 4154 of 2021
Impact Assessment
This cancellation order has minimal market impact as it represents the resolution and closure of recovery proceedings against an individual related to Timbor Home Limited. The cancellation suggests that the outstanding dues or obligations have been settled or the matter has been resolved through alternative mechanisms. This is a positive development indicating compliance and closure of enforcement action.
Impact Justification
This is a cancellation order for a recovery certificate, indicating resolution of enforcement proceedings against an individual. Low market impact as it represents closure of a recovery matter rather than new enforcement action.