ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Residential demand upbeat despite construction cost, interest rate rise; brokerage picks DLF, Oberoi Realty among top 4 bets
  • Copper Set to Post Worst Quarterly Performance in Over 2 Years
  • Maruti Suzuki Brezza 2022: Launch today! Check key highlights; live streaming link here
  • Nothing Phone 1 confirmed to come with Snapdragon 778G+ SoC on July 12 - Know more
  • Ratnamani Metals bonus share: Stock jumps 15%, hits 52-week high ahead of record date
Read in App
Business News » India News

PACL Refund Online: What is the last date to file claim application? Here is answer

Sebi said that after verification, refunds were made in respect of claims found to be in order and the process has been completed.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
PACL Refund Online: What is the last date to file claim application? Here is answer
The committee has now decided to receive claims from all investors having outstanding claims with PACL Ltd. Photo: PACL Offcial Facebook Account

 Investors of PACL who are seeking claims from the company can submit their applications to the panel headed by retired Justice R M Lodha till April 30, according to Sebi.

The committee was set up by markets regulator Sebi following a Supreme Court order for selling the properties of PACL and using the sale proceeds to refund the investors.

Earlier, the panel initiated the process of receipt of claim applications from PACL investors whose total outstanding amount was up to Rs 2,500. This process has been completed.

PACL had illegally collected around Rs 60,000 crore from the public, mainly in the name of agriculture and real estate businesses.

In a release Friday, Sebi said that after verification, refunds were made in respect of claims found to be in order and the process has been completed.

"The committee has now decided to receive claims from all investors having outstanding claims with PACL Ltd," it said.

Regarding claim applications, the regulator said investors can access the website 'http:ebipaclrefund.Co.In/'.

Further, Sebi cautioned investors against parting with their original PACL registration certificates without specific intimation received from the committee.

"The last date for receipt of claim applications is April 30, 2019," it added.

In a separate release, Sebi said that only the committee is authorised to sell the properties directly or indirectly associated with PACL.

"Accordingly, it is clarified that the committee has not authorised any individual/entity to sell the properties of PACL Ltd.

"It is also stated that any attempt by individuals/ entities to illegally and unauthorisedly take possession of the properties of PACL Ltd shall invite necessary action under law," the release noted.
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
SebiPACL
Written By: PTI
Updated: Thu, Feb 28, 2019
12:33 pm
New Delhi, PTI
RELATED NEWS
Sebi permits FPIs to participate in exchange-traded commodity derivatives market Sebi permits FPIs to participate in exchange-traded commodity derivatives market
SEBI issues warning letter to Aurobindo Pharma over US FDA audit SEBI issues warning letter to Aurobindo Pharma over US FDA audit
Sebi allows UPI payment option to invest in public issues of REITs, InvITs with effect from 1 August Sebi allows UPI payment option to invest in public issues of REITs, InvITs with effect from 1 August
Exclusive: SEBI, exchanges in discussion over bringing back trade execution range; know what is triggering the move Exclusive: SEBI, exchanges in discussion over bringing back trade execution range; know what is triggering the move
Investment through participatory notes declines to Rs 86,706-cr in May Investment through participatory notes declines to Rs 86,706-cr in May

LATEST NEWS

Closing Bell: Nifty below 15,800, Sensex ends flat; Metal, IT, auto stocks top losers

FIIs monthly selling highest since November 2020, but is it nearing exhaustion? Details

Ratnamani Metals bonus share: Stock jumps 15%, hits 52-week high ahead of record date

Mozilla Firefox update: New feature can stop sites like Facebook from tracking - Know more

2022 Maruti Suzuki BREZZA: Maruti Suzuki launches New Brezza today, Check price, features, and more

Uddhav Thackeray quits as Maharashtra CM - Know what he said in webcast

Samsung Galaxy F13 India sale begins today via Flipkart - Check price, offers, specifications and more

PAN-Aadhaar linking not done yet? Be ready to pay double penalty after 2 days or check how to link now

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme

Copper Set to Post Worst Quarterly Performance in Over 2 Years

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV