PACL Refund Claims Can be Filed till 31 July 2019: SEBI
The Justice RM Lodha (retd) Committee appointed in the PACL Ltd matter has decided to extend the last date for receiving claim applications till 31 July 2019.
 
In a release, market regulator Securities and Exchange Board of India (SEBI) said, "...in view of representations received, the Committee has decided to extend the last date of receipt of applications to 31 July 2019 from 30 April 2019."
 
In February this year, the Justice Lodha Committee had allowed investors to file refund claims online before 30 April 2019. 
 
SEBI has created a separate website for accepting the claim forms from all investors of PACL who are seeking refund of their investment. To file the claim, the investor need to visit http://sebipaclrefund.co.in/ and submit her application. For submitting the claim, the investor needs to upload copy of her PAN card, latest passport size photo, copy of cancelled cheque, copy of PACL certificate and receipts, if any.
 
  • User

    COMMENTS

    Pranav kumar

    11 hours ago

    Pse extend the refund date

    Vijay Dubey

    20 hours ago

    Dear Sir

    Please exted pcl refound summited date


    Thank you

    Naga Raj

    23 hours ago

    Pls sir next date please

    Rohit Parekar

    2 days ago

    Respected Sir,
    Sir Please extend PACL refund Filling date... Pls sir pls 🙏

    Rohit Parekar

    2 days ago

    Respected Sir,
    Sir Please extend PACL refund Filling

    vikram dutt

    2 days ago

    please extend date ...noboday inform me about refund amount

    Lankey Rondo

    2 days ago

    Kab payment kar rahe ho authority please confirm me.

    Karthick Keyan Nfs

    3 days ago

    Next registered online date ???

    Pranav kumar

    3 days ago

    Pse. Sir extend the date

    Suman Priya Mascarenhas

    3 days ago

    I was not able to submit the application as i was getting error. What is the alternative options?

    Kunal Gaikwad

    3 days ago

    Respected Sir,
    Sir Please extend PACL refund Filling Because i have tried many time but it's found server busy. and even though i found that most of them not yet applied for PACL refund bcz of the network problem so i request you to plz extend.This is my humble request sir plz understanding the situation.

    Ravi Patel

    3 days ago

    Don't extend the please process
    As per last three extend nobody is taking seriously 😂 kindly process on priority basis it is urgent for marriage, student, doctor medicals...
    Pending only thouse people they don't have urgency

    Patel Pankajkumar

    4 days ago

    Payment status

    Pranav kumar

    4 days ago

    Pse extend the refund date

    Preet Hesh

    5 days ago

    Respected Sir,
    Sir Please extend PACL refund Filling Because i have tried many time but it's found server busy. and even though i found that most of them not yet applied for PACL refund bcz of the network problem so i request you to plz extend.This is my humble request sir plz understanding the situation.

    Investor Protection Fund recovers Rs1,514 crore of depositors' funds from Peerless
    The Investor Education and Protection Fund (IEPF) Authority has "successfully forced" the Peerless General Finance and Investment Company to transfer deposits worth about Rs 1,514 crore to IEPF, a statutory body under the ministry of Corporate Affairs.
     
    "In a major success, the IEPF Authority has been able to enforce The Peerless General Finance and Investment Company Limited to transfer deposits worth about Rs 1,514 crore to IEPF. The depositors' money was pending with the company for the last 15 years," said Finance Ministry. 
     
    "The matter came to the notice of the Authority recently and within a short time, due to the proactive action of the Authority, the said sum has now been transferred to IEPF", said the Ministry.
     
    "The data submitted by company reveals that 50.77 per cent of the total amount was taken in the form of deposit certificates valued at Rs 2,000 or less. Number-wise such certificates form 85.32 per cent of total number of certificates issued. The majority of these investors are common citizens belonging to lower and middle income group," it said in the statement.
     
    Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
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    User

    COMMENTS

    Muthusamy K

    2 weeks ago

    Sir, Please extend the time atleast 15 days

    Muthusamy K

    2 weeks ago

    Sir, Please extend the time atleast 15 days.

    Wilter Suphai

    2 weeks ago

    Sir, please extend the date upto 2 months, because most of our people in rural areas, they have not applied before, so they are applying now for Pancards almost one month, please understand our problems and needs thanks you.

    Ajay Vishwakarma

    3 weeks ago

    Dear Sir,

    I am busy in my closing so that I am not upload same mendetory required docs.

    Iqbal Ahmad

    3 weeks ago

    Sir please pacl ka time aur bdha dijiye refund application ke liye kiyu ki kuch logo ke aadhar aur pan abhi nhe ban paye hai aur kuch loge saudi desho mai job kar rhe hai jo ki abhi ghar nhi aaye hai aur kuch case esse hai jo nabalig hai aur unke aadhar mai name aur date of birth rong hai ya aadhr mai kewal year hi mention hai jiske karan pan nhi bn paye aur adhar bhi nhi ban pa rhe hai aur iske liye ek lambi line bn jati hai aur number bhi nha aata hai aur roj roj line mai lagne se nokri jane ka bhi khatrabna rehta hai aadhar ke liye kafi chakkar lagane pdh rhe hai isliye aap se nevedan hai ki iski timing badha dijiye

    Mahavir Patel

    3 weeks ago

    Paisa kab milega sahi sahi infromation batao kab tak wapas hoga

    Devdatt Mahajan

    4 months ago

    how will the investors get the money? how will they trace these investors?

    Juliet DeSouza

    4 months ago

    Wish something could be done about Lloyds Finance whose FD investors suffered great losses.

    B. Yerram Raju

    4 months ago

    Good recovery.

    Cabinet clears ordinance to check unregulated deposit schemes
    The Union Cabinet on Tuesday approved the promulgation of the Banning of Unregulated Deposit Schemes Ordinance, 2019 to prevent chit fund scams and protect small investors.
     
    "The proposed Ordinance will immediately tackle the menace of illicit deposit taking activities in the country launched by rapacious operators, which at present are exploiting regulatory gaps and lack of strict administrative measures to dupe poor and gullible people of their hard-earned savings," an official statement said.
     
    The ordinance will altogether ban unregulated deposit taking schemes, also called Ponzi schemes, and have adequate provisions for punishment and disgorgement or repayment of deposits in cases where such schemes somehow manage to raise deposits illegally, it said.
     
    On February 6, the Cabinet had decided to amend the law based on the recommendations of the Parliamentary Standing Committee that went into the provisions of the Bill.
     
    Any person running such deposit schemes without registration would attract penal provisions of the law. Advertisements of such unregistered schemes and brand ambassadors of such schemes would also be covered in this measure.
     
    The decision to amend the law came amid a storm over investigations in the Saradha and Rose Valley chit fund schemes that rocked West Bengal and other states and triggered a political war between the Trinamool Congress government in the state and the Narendra Modi government at the Centre. 
     
    Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  • User

    COMMENTS

    A.Muthu vel

    2 weeks ago

    Dear sir
    Last time server has very slow and error occurred so unable update documents, so please give one chance to us...we are very poor financial people also kaja cyclone in nagapattinam dist.
    Regards

    Ramesh Poapt

    6 months ago

    I lost amt in FD of plethico pharma. can i hv status of the company please-ML team?

    REPLY

    Purbasha Sengupta

    In Reply to Ramesh Poapt 2 weeks ago

    Write complain to sebi email [email protected]

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