Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.18, from 1.01 in 2017Q2. It increased, as 28 investors sold Sirius Real Estate Limited shares while 168 reduced holdings. 62 funds opened positions while 172 raised stakes. 197.93 million shares or 1.07% less from 200.08 million shares in 2017Q2 were reported.
How do I recover entire amount invested in PACL Limited Real Estate company with full interest based in Mohali who was questioned by SEBI last year?
The Hon’ble Supreme Court vide its Order dated February 02, 2016, in the matter of PACL Ltd. Vs Securities and Exchange Board of India (Civil Appeal No. 13394/2015) and other connected matters was pleased to constitute a committee under the chairmanship of Hon’ble Mr. Justice (Retd.) R. M.Lodha (Former Chief Justice of India) empowering the committee to take possession of the title deeds of PACL, sale theproperties to return the customers of PACL.
Accordingly, the Committee is in the process of collecting properties documents of PACL from CBI to initiate the process of disposing of properties to refund to the customer of PACL who have invested in various schemes of PACL Ltd., after verification of their genuineness. Meanwhile, customers of PACL has been informed and advised through public notice;
(i) Not to part with and /or share records/ documents of their investments in the schemes of PACL Ltd. with PACL Ltd. or any other person, till further intimation in this regard by the Committee; and
(ii) Not to make any new investment or any payment towards installments or otherwise to PACL Ltd. or its officers/ agents etc.
SEBI/Committee will inform the customers of PACL through advertisement/public notice etc inviting claim/s from the customersof PACL. Till such advertisement/public notice, customers are advised to keep all original documents with them and not to share, transfer, handover to any person, agent etc.
Customers of PACL are advised that upon specific intimation, the Application for Refund ( AfR) along with necessary documents as specified will be submitted at the address/authority as mentioned/specified in the advertisement/public notice.
Claims shall be invited from the customers of PACL for the purpose of refund after the properties of PACL is disposed of and sufficient amount is available. The Committee will invite customers to apply for return in the format as will be specified by the Committee.
Refer to theces section on the SEBI website for more details.