SEBI issues release order for Synergy Bizcon defaulter
SEBI issued a Release Order for Ravindra Nath Mishra under Recovery Certificate No. 3331 of 2021 in the Synergy Bizcon Limited matter.
The release order formally lifts attachments and restrictions imposed under the 2021 recovery certificate. Institutions holding assets or accounts affected by SEBI's original attachment should process the release consistent with the order.
Directly impacts custody, brokerage, and banking restrictions previously imposed under SEBI recovery proceedings.
Action Required
Reconcile internal restriction registers with SEBI's release order and remove obsolete holds on the named individual's accounts or securities.
Operational enforcement action with direct implications for account and asset restriction management.
Verify that any account freezes, demat holds, or asset attachments linked to the recovery certificate are lifted in line with SEBI's release order; retain documentation for audit.
“SEBI: Release Order – Ravindra Nath Mishra [Defaulter] PAN: AMCPM1105C in the matter of Synergy Bizcon Limited. under Recovery Certificate No. 3331 of 2021.”