Wednesday, August 26, 2015

PACL to move Tribunal against Sebi order

So Sory for this updates old news on 23 august 2014 and now we show status of pacl sebi details in our next post. 

New Delhi :-
Facing a Sebi order with charges of running an illicit money pooling scheme worth about Rs 50,000 crore, PACL Ltd today said it will approach the Securities Appellate Tribunal against the directive of the capital markets regulator.
“Sebi has unfortunately failed to recognize the submissions of the company that it can’t be treated like a CIS. The company would now appeal this order before the Securities Appellate Tribunal,” PACL said in a statement after the Sebi order.
“PACL limited, in its submission to the Sebi bench had submitted that it is not running a CIS.
“Further, the company has sufficient asset holdings vis-a-vis the money raised for its real estate business,” the company said.
PACL further said it “would also like to remind its customers that it has always kept their interest paramount and would continue to do so”.
“We assure our customers that their investments are safe & their interests would not be jeopardized,” the company added.
Sebi in its order earlier this evening asked PACL and its promoters and directors to refund investors’ money within 3 months and immediately stop raising money from all their collective investment schemes, after finding them guilty of raising close to Rs 50,000 crore through unauthorised CIS activities. Original post from other website this is only for information pacl blog.

1 comment:

  1. Pacl Customer care helpline number 24 hours available
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    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved


    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved


    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved


    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved

    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved


    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved

    Customer care helpline number 24 hours available
    ______7047303458
    ______8670530538
    ______7063539605
    ______9958429949
    ______8436046948
    Any-problem call my agent(24*7) hours available.(all-india) contact hair oll the number
    All number official __
    Online problem solved

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