Authority: Rajan Kumar, Recovery Officer, Securities and Exchange Board of India
Order Date: August 24, 2026
Case Overview
Securities and Exchange Board of India (SEBI) has issued a corrigendum to its Public Notice of sale dated August 21, 2026. The original notice invited bids for the sale of properties through e-auction in recovery proceedings initiated under Recovery Certificate No. 2823 of 2020 dated February 05, 2020. The proceedings are against Rich Infra Developers India Limited and its directors Shri Harvinder Pal Singh, Shri Gurpreet Singh Sidhu, Shri Parampreet Singh Sidhu, and Shri Baljinder Preet Singh (collectively referred to as Defaulters). The properties are being sold on an "as is where is and whatever there is" basis.
The corrigendum specifically corrects the contact details of Quikr India Private Limited, the agency appointed to assist SEBI in the auction process. The updated contact information is: Website - https://auctions.quikr.com; Email - auctions@quikr.com; Mobile numbers - +919930504931, +919619118875, and +919321575329.
Final Outcome
All other contents of the original auction notice remain unchanged. Interested parties are directed to visit the 'Auction Notice under Recovery Proceedings' in the 'Enforcement' tab on www.sebi.gov.in for complete details of the property sale.
Topics: SEBI Recovery Proceedings, Property Auction, Contact Correction