Kanika Netconnect By CSC Neeraj Kushwaha Global Advertising International WhatsApp+91 9450429716 -:NKGAI JOBS:-Pay USD EUR INR Email nkgaijobs@gmail.com TCC RER ID 90028892


Make Real Money ($) Online with Trusted, Stable, Paying, Legit and Registered Websites with confidence and share with trust.All are haivng Secure and Protected System from Trusted admin and 24*7 Support System. Online Work ( Advertisement, Traffic Exchange, Survey, Investment etc) Useing and Promoting by Big Network Marketing and Rich Online Earner. Join and Start Online Safe Money Making Life.

Refund to PACL Investors 2018

Refund to PACL Investors

Jan 02, 2018
PR No.: 1/2018
                                                                                              Refund to PACL Investors

1. The Hon’ble Supreme Court of India (hereinafter referred to as the ‘Court’) has passed an order dated February 02, 2016 in the matter of Subrata Bhattacharya V. Securities and Exchange Board of India (CA No. 13301/2015) and other connected matters. Vide the said order, SEBI was inter alia directed to constitute a committee under the Chairmanship of Hon’ble Mr. Justice R.M.Lodha, the former Chief Justice of India, for disposing of land purchased by PACL Ltd. (hereinafter referred to as ‘PACL’/ the ‘Company’), so that the sale proceeds can be paid to the investors, who have invested their funds in the Company.

2. SEBI has accordingly constituted a committee under the chairmanship of Justice (Retd.) R.M. Lodha for selling the properties of PACL and using the sale proceeds to refund the investors who have invested their money in PACL(hereinafter referred to as the ‘Committee’).

3. The Committee in furtherance of its mandate has decided to initiate the process of refund to the investors of PACL with the monies so far realised by it. At the first instance, the Committee has decided to receive claims from such investors whose total outstanding amount (Principal)with PACL is up to Rs. 2,500. It is clarified that refund may not necessarily be Rs. 2,500 per claimant investor, and would be effected on a pro-rata basis after considering the number of claims received as well as the funds available with the Committee.

4. In light of the above, only such investors whose total outstanding amount(Principal) with PACL is up to Rs. 2,500 (per investor) are advised to send the following details by way of an SMS at 562632 or by uploading the same on the website http://sebicommitteepaclrefund.com/.