PACL Refund Claim Online: Facing problems in filing application form? Call this SEBI helpline number
PACL Refund Claim Online: Facing problems in filing application form? Call this SEBI helpline number
PACL Refund Claim Online: According to markets regulator Sebi, PACL investors who are seeking refunds or claims from the company can submit their applications to the panel headed by retired Justice R M Lodha till April 30. 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. PACL had illegally collected around Rs 60,000 crore from the public, mainly in the name of agriculture and real estate businesses.
Regarding claim applications, Sebi has said that Pearls investors can access the website https://www.sebipaclrefund.co.in/
Also, Sebi has issued a helpline number to resolve queries/complaints.
PACL investors seeking claims, in case of queries/complaints, can call the helpline number 022 61216966.
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.
In a press release, 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," Sebi said.
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.
In a separate release, Sebi said that only the committee is authorised to sell the properties directly or indirectly associated with PACL.
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