Investors claim applications in PACL Ltd. – Last date for checking status and rectifying deficiencies is 31.07.2020 for investors with claims upto Rs. 5000
The Justice (Retd.) R. M. Lodha committee (“Committee”) was constituted as per the direction of the Hon’ble Supreme Court for disposing of the land purchased by the PACL Limited so that the sale proceeds can be paid to the investors, who invested their funds in the Company.
Facility to view status of deficiency in claim applications and making good those deficiencies The Committee had requested investors/applicants with claims upto Rs. 5,000/- to check the status of their claim applications online on https://www.sebipaclrefund.co.in and rectify the deficiencies, if any.
The portal for rectifying the deficiencies in applications was made operational from January 24, 2020.
The last date for checking the status of claim applications and/or rectification of deficiencies is July 31, 2020
- AO not justified in rejecting registered valuer’s report without reference to DVO – ITAT
- FCRA specifies list of 105 purposes to be selected for which registration is applied
- Withholding tax u/s 40(a)(i) not required on cost-to-cost reimbursement made to parent company
- Temporarily blocking public access to Telegram App not disproportionate – Delhi High Court
- High Court explains the meaning of term ‘enterprise’ appearing in section 80IA




