Case of Jaykishor Chaturvedi vs SEBI, SC Judgement Dated 15th July 2025. The apex court held that the provisions of the SEBI Act or its rules do not mandate the issuance of a separate demand notice before recovery. Thus, adjudication officer’s order which specified payment within 45 days, effectively operates as a notice of demand, rendering any separate demand notice redundant. (Link: SC Judgement Dated 15/07/2025)