Description
SEBI issues release order for Recovery Certificate No. 4155 of 2021 against Amul Gagabhai Desai in the matter of Timbor Home Limited, marking completion of recovery proceedings.
Summary
SEBI has issued a Release Order for Recovery Certificate No. 4155 of 2021 against Amul Gagabhai Desai in the matter of Timbor Home Limited. This order signifies the completion or satisfaction of recovery proceedings initiated under the Recovery Certificate.
Key Points
- Recovery Certificate No. 4155 of 2021 against Amul Gagabhai Desai
- Matter relates to Timbor Home Limited
- Release order indicates completion of recovery process
- Document published on February 6, 2026
Regulatory Changes
No new regulatory changes introduced. This is an administrative order regarding completion of recovery proceedings.
Compliance Requirements
No ongoing compliance requirements as this is a release order marking the conclusion of recovery proceedings.
Important Dates
- Order Date: February 6, 2026
- Original Recovery Certificate: No. 4155 of 2021
Impact Assessment
Minimal market impact. This order pertains to individual recovery proceedings and does not affect broader market operations or regulatory requirements. The release order indicates successful completion or resolution of the recovery process against the named individual in relation to Timbor Home Limited.
Impact Justification
Release order indicating completion of recovery proceedings against an individual, limited market-wide impact