1. Justice (Retd.) R M Lodha Committee in the matter of PACL Limited (“Committee”) has
received over 29,000 documents pertaining to the properties of PACL, its group entities and
related parties. Scanned copies of the documents pertaining to the said properties currently
available for sale (the “Properties”) are accessible on the Committee’s website -
www.auctionpacl.com.
Extension of date for filing refund claims in the matter of PACL Ltd. The Justice (Retd.) R.M. Lodha Committee (in the matter of PACL Ltd.) (the “Committee”) vide press release dated February 08, 2019 has communicated the initiation of the process of receiving online claim applications from investors having outstanding claims with PACL Ltd. The last date for submission of claim applications under the current refund process is April 30, 2019. However, in view of representations received, the Committee has decided to extend the last date of receipt of applications from April 30, 2019 to July 31, 2019.
The Justice (Retd.) R.M. Lodha Committee (in the matter of PACL Ltd.) is a Committee constituted by the Securities and Exchange Board of India (“SEBI”) pursuant to the order dated February 02, 2016 passed by the Hon’ble Supreme Court of India and subsequent orders thereof in Subrata Bhattacharya V. Securities and Exchange Board of India (CA No. 13301/2015) and other connected matters under the chairmanship of Justice (Retd) R.M. Lodha for selling the properties of PACL Ltd and using the sale proceeds to refund the investors who have invested their money in PACL Ltd. (the “Committee”).
In this regard, the Committee has decided to call for claim applications from all investors who have outstanding claims from PACL Ltd. The desirous investors may submit their applications by registering on this website (sebipaclrefund.co.in) and providing the necessary information/documents in the prescribed format.
