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PACL Limited

PACL to appeal to the SAT against SEBI’s orders

Tuesday, August 26th, 2014 No Comments »

PACL to appeal to the SAT against SEBI’s orders
The amount that PACL Limited has been ordered to return by the stock market regulator SEBI would be $8.1 billion or Rs 49,100 crore in deposits. The Securities and Exchange Board of India (SEBI) has asked PACL to return this sum to the investors within three months. PACL now plans to appeal to the Securities Appellate [...] Continue Reading »



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