SEBI in compliance of order of Supreme Court in the matter of Subrata Bhattacharya V. Securities and Exchange Board of India and other connected matter constituted a committee for disposing the properties of PACL Ltd. The Committee, thereupon, its mandate has started the process of receipt of claim applications, at the first instance, from investors having claims of not more than Rs. 2500. The Committee has also started remitting refunds to investors after verification of the claim applications.
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