The Securities and Exchange Board of India (SEBI) has ordered the release of bank accounts, demat accounts, post office accounts, and mutual fund folios belonging to Naresh Kumar. This order follows a directive from the Securities Appellate Tribunal (SAT). The assets were previously attached in connection with proceedings related to Sadhna Broadcast Limited.
Order Releasing Bank, Demat, Post Office Accounts and Mutual Funds Folios of Naresh Kumar in the matter of Sadhna Broadcast Limited.
Attachment Proceeding No. 15733 15734 of 2026Certificate No. 9260 of 2026
The Principal Officer/Chairman/MD/CEO, NSDL and CDSL, MumbaiAll Banks in IndiaAll Mutual Funds of IndiaPost Master of all the Post Offices in India
1. Whereas Certificate No. 9260 of 2026 dated July 27, 2026 was drawn against Naresh Kumar [Defaulter] (PAN: ASPPK8654F) in the matter of Sad
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FAQ :
Bank accounts, demat accounts, post office accounts, and mutual fund folios belonging to Naresh Kumar have been ordered for release.
The Securities and Exchange Board of India (SEBI) has issued the order for release.
The release is directed as per an order from the Hon'ble Securities Appellate Tribunal (SAT).
The assets were attached in the matter of Sadhna Broadcast Limited.
The order was given under the hand and seal at New Delhi on August 27, 2026.
Yes, this release is without prejudice to any other order of attachment or freeze by a competent authority under any law.
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Notification No : 9260 of 2026Published in Investments & Personal Finance
Source : https://www.sebi.gov.in/enforcement/recovery-proceedings/aug-2026/release-order-naresh-kumar-pan-asppk8654f-defaulter-in-the-matter-of-sadhna-broadcast-limited-certificate-no-9260-of-2026-_104068.html