SEBI closes recovery proceedings against Synergy Bizcon defaulter
SEBI issued a completion and release order for Recovery Certificate No. 3331 of 2021 against Ravindra Nath Mishra in the Synergy Bizcon Limited matter.
SEBI has completed recovery actions initiated in 2021 against an individual defaulter linked to Synergy Bizcon Limited. The closure indicates resolution of dues under the recovery certificate and lifting of associated restrictions. Firms with exposure or KYC flags tied to the individual should refresh their status.
Enforcement closures affect KYC, onboarding, and ongoing due diligence status for the named individual across regulated entities.
Action Required
Update enforcement watchlists and PEP/defaulter screening databases to reflect closure of SEBI recovery proceedings against the named individual.
Selected as a discrete enforcement lifecycle event relevant to sanctions/defaulter screening maintenance.
Refresh internal defaulter and adverse-media screening lists to reflect SEBI's closure of recovery proceedings; ensure downstream systems retire legacy restrictions while retaining historical audit trail.
“SEBI: Completion of Recovery Certificate No. 3331 of 2021 dated March 08, 2021 issued to Ravindra Nath Mishra [Defaulter] PAN: AMCPM1105C in the matter of Synergy Bizcon Limited.”