PRESS RELEASE - SEBI

July 29, 2016
PR No. 129/2016


Order dated 25.07.2016 passed by the Hon’ble Supreme Court of India - In the matter of PACL Ltd. Vs
SEBI and other connected matters

The Hon’ble Supreme Court of India in I.A No 10 of 2016 in Civil Appeal No 13301of 2015 and connected matters, inter-alia directed that PACL Ltd. and/or its Directors/Promoters/agents/employees/Group and/or associate Companies are restrained from in any manner selling/ transferring/alienating any of the properties wherein PACL Ltd.,has, in any manner, a right/ interest, situated either within or outside India.
 
Copy of the order has been uploaded and made available on www.sebi.gov.in
 
Public at large are hereby advised/notified not to deal with any of the properties wherein PACL Ltd. and/or its Directors/Promoters/agents/employees/Group and/or associate companies directly or indirectly have any interest and if so they shall be dealing at their own risk, cost and consequences.

Mumbai
July 29, 2016


 

For full copy of order against PACL Ltd. click here.