Now Reading: SEBI issues recovery certificate against Kapil Wadhawan in DHFL case
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SEBI issues recovery certificate against Kapil Wadhawan in DHFL case
SEBI has issued a notice of demand under Recovery Certificate number 9277 of 2026 against Kapil Wadhawan, former chairman of Dewan Housing Finance Corporation Limited (DHFL). The certificate, dated August 10, 2026,…
The Story in Brief
SEBI has issued a notice of demand under Recovery Certificate number 9277 of 2026 against Kapil Wadhawan, former chairman of Dewan Housing Finance Corporation Limited (DHFL). The certificate, dated August 10, 2026, marks the latest regulatory step to recover dues from Wadhawan, who is already facing multiple legal actions over the DHFL scam.
The Indian Opinion
SEBI's recovery certificate adds formal muscle, but the real test lies in how much will be recovered. Corporate defaulters often face many orders; actual money trail is what matters. Watch for the certificate amount and the auction of Wadhawan's assets. That number, not the notice, will show if this is real action or just paperwork.
Source: sebi.gov.in
This story was synthesised by AI from the source linked above.
