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

India's markets regulator, Sebi, has said that more than 1.9 million investors in PACL have received INR9.2bn ($128m) in refunds. PACL was ...

"The window for accepting original certificates shall remain open from April 1, 2022 to June 30, 2022," the Securities and Exchange Board o...

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

PACL, which had raised money from public in the name of agriculture and real estate business, was found by Sebi to have collected more than...

A panel headed by retired Justice R M Lodha had initiated the process of refunds in phases for investors, who invested money in PACL.

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

PACL, which had raised money from the public in the name of agriculture and real estate businesses, was found by Sebi to have collected mor...

Sebi in a press release said that the committee headed by retired Justice R M Lodha received complaints from investors of PACL that they ar...

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.

PACL was found by Sebi to have collected more than Rs 60,000 crore through illegal CIS over a period of 18 years.

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...

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

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