The Enforcement Directorate has attached 126 properties valued at over ₹5,000 crore. This action is part of a massive land investment fraud...

The Enforcement Directorate has attached assets worth Rs 696.21 crore in Haryana. This action relates to the PACL fraud case. The fraud inv...

Gurnam Singh is now in custody. He is a director at Pearls Agro-Tech Corporation Limited. Uttar Pradesh EOW arrested him in Punjab. He is a...

The Sebi committee, in February 2019, had asked PACL investors to submit online applications for refund.

The panel, headed by retired Justice R M Lodha, has been set up to manage refunds for investors.

Sebi found PACL to have collected Rs 60,000 crore through illegal collective investment schemes .

The regulator also asked other investors of PACL to await committee's notification.

This is one of the major cases after Sahara, where Sebi had invited refund claims from affected investors under a court order.

The ED had registered a criminal case against the firm in 2015 based on a CBI FIR against the group, its directors and officials.

"It is high time for courts to act tough against shouting lawyers to maintain discipline and decorum of court proceedings," Justice Sikri s...

It also asked investors to retain their documents and not part with them for any reason whatsoever till a "specific notification" is issued...

Regulator Sebi today asked PACL's investors to file their claims for refund of money in a prescribed format to be issued by SC-appointed co...

Providing more clarity, the watchdog said claims in the case could be filed only in the "prescribed format upon specific notification" by t...

In its biggest ever fine, Sebi in September last year had imposed a penalty of Rs 7,269.5 crore on PACL Ltd and its four directors for ille...

Seeking to protect the interest of investors in PACL's illegal money-pooling case, a high-level panel today warned the public from dealing ...

The case involves refund of a whopping Rs 60,000 crore to investors.

Securities Appellate Tribunal has upheld markets regulator Sebi's order against PACL Ltd, which was found to have garnered Rs 49,100 crore ...