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


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”).

As on date, the Committee has successfully effected payment in respect of eligible applications having claim amount upto Rs. 15,000/-. However, certain applications having claims upto Rs. 15,000/- could not be processed further on account of one or more deficiencies.

Accordingly, investors/applicants with claims upto Rs. 15,000/- are requested to check the status of their claim applications online on this website ( and rectify the deficiencies, if any.

The above facility will be available to investors/applicants from November 01, 2022 to January 31, 2023.

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