Allahabad HC: Victim Compensation under POCSO Act Cannot be Withheld For Lack of Injury Report  ||  MP HC: Diverting Goods From Delivery Point is Misappropriation under S.407 IPC  ||  Delhi HC: Bar Associations are Not ‘State’ under Article 12 as They Do Not Perform Public Functions  ||  Delhi HC: Pending Probate Proceedings Do Not Prevent Filing FIR For Alleged Will Forgery  ||  Ker HC: Dismissal For Default Alone Cannot Justify Rejecting Restoration Plea For Lack of Vigilance  ||  SC: Disclosure Statements Alone Cannot Secure Conviction Without a Complete Chain of Evidence  ||  Supreme Court Orders Reporting of Student Suicides and Bans Denial of Classes or Exams  ||  SC: Govt Can Exclude Overqualified Candidates From Posts Requiring Lower Qualifications  ||  SC: Contracts to Hire Global Speakers For Media Summits are Not Taxable as Event Management Services  ||  SC: Mandatory Injunction Suit Alone is Not Maintainable When Plaintiff’s Title is Disputed    

FAQs for PACL refund- (Securities and Exchange Board of India) (28 Mar 2016)

Capital Market

The Securities and Exchange Board of India hopes to preempt the scrum of PACL investors waiting impatiently to receive refunds.

The Supreme Court’s recent decision to constitute a committee to take possession of title deeds of PACL properties to sell the same to effect refunds to investors has raised questions about how monies will be distributed and what is required of investors.

In its ‘Frequently Asked Questions’ document, SEBI addressed the basic questions it expects investors to have about the process. Among the advice tendered, investors are asked to hold on to the original investment documents and to “not yield to any pressure from any person, including PACL or their agents, for converting…existing investments to other Schemes”.

Tags : SEBI   FAQ   PACL   REFUND  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved