Refund to investors of PACL Ltd by Justice (Retd.) R.M. Lodha Committee (in the matter of PACL Ltd)

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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.

The last date for submission of claim applications shall be April 30, 2019.

The window for submission of claim applications by investors who have consequent to investing in the schemes of PACL Ltd. have changed their names and cases involving claim applications through nominees of investors upon the investor being deceased or incapacitated, would be announced at a later date. Investors are requested to check sebipaclrefund.co.in or https://www.sebi.gov.in/PACL.html for regular updates in this regard.

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