PACL Latest News 2016 Do We Really Get Money Back Pearls Company

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PACL Latest News 2016

Hi friends here i have PACL Latest News 2016 when i contact our pacl senior he tell me all about pacl that when will open pacl branches and start reworks. you know all people very anxiety about pearls group of company for investing own money . I think 60% costumer cross the policy end time . i have get information that High Court Order to open account in November 2015. when open company bank account then after that company further work  process will increase all branches .  you know many process for reopen offices so he will take some little time. i thinks when open company account then company start in New Year 2016. We all hope that company will be start very soon. this information update by the our PACL Biggest leaders. and also supreme court ordered this.if you have PACL Latest News 2016  any question about pacl investment plans, www.pacl india ltd your policy or schemes  you can write www.paclltd.com ltd  site click this link and write with name and mobile no.

PACL Latest News 2016 – Sebi fines PACL Rs 7,269 crore for illegal raising of funds

PACL Latest News 2016

Mumbai:- PACL Latest News 2016 its biggest ever fine, regulator Sebi on Tuesday imposed a penalty of Rs 7,269.5 crore on PACL Ltd and its four directors for illegal and fraudulent mobilisation of funds from the public, saying the company deserves “maximum penalty” for such large-scale duping of the common man.
The penalty follows another order by Sebi last year wherein PACL was asked to refund Rs 49,100 crore it had collected through illicit schemes over a 15-year period.The refund order was also upheld last month by the Securities Appellate Tribunal, where PACL had filed an appeal.
In its latest order on Tuesday, Sebi said that PACL made huge illegal mobilization of money, leading to consequent profit to the tune of over Rs 2,423 crore in a short span of less than one year.In a strong-worded order, Sebi said, “Keeping in view the entire facts and circumstances of the case… there can not be a better case than this which deserves the maximum penalty”.

PACL Latest News 2016 – PACL’s Bhangoo approaches SAT against Sebi’s recovery order

MUMBAI: PACL Latest News 2016  PACL Latest News 2016Facing heat from multiple agencies in the country’s biggest illegal fund-mobilisation case involving nearly Rs 60,000 crore, PACL’s Nirmal Singh Bhangoo today approached Securities Appellate Tribunal (SAT) against Sebi’s recovery proceedings to collect funds due to investors.

As the Tribunal is in vacation and its Presiding Officer is on leave, the plea was taken by a single member, who listed the matter for hearing on Friday, January 1, and asked Sebi to reply by that day.

PACL Latest News 2016 – Sebi moves SC against fresh PACL plea in Rajasthan HC

The Securities and Exchange Board of India (Sebi) on Thursday approached the Supreme Court seeking transfer of a fresh plea filed by PACL from the Rajasthan High Court to the apex court.Sebi has alleged that while PACL and its promoters had moved the Supreme Court against SAT’s August 12 order that directed it to refund close to over Rs 44,376 crore that it collected from around 58.5 million customers and winding up of its collective investment schemes (CIS), the real estate firm on October 12 again moved the Rajasthan HC seeking a direction to Sebi to register its CIS and for release of its sale deeds to enable it sell properties to raise money. PACL Latest News 2016 

The apex court had earlier appointed a special committee to probe other companies of the Pearl Group and had also cleared the decks for sale of more than 10,000 properties of the group’s companies spread across states like Punjab, Haryana, Rajasthan and Delhi.

PACL Latest News 2016 – Sebi tells PACL to refund over Rs 44,000 crore in three months

The Securities and Exchange Board of India has ordered PACL, formerly called Pearl Agrotech Corporation, and its promoters to refund over Rs 44,376 crore that it collected until March 2012 through collective investment schemes (CIS).
This is the biggest crackdown by Sebi on an entity in monetary terms. PACL has three months to comply with the order. The regulator has said that it would take steps to register a civil/criminal case in case of non-compliance.
“PACL Limited, its promoters and directors, shall wind up all the existing Collective Investment Schemes of PACL Limited and refund the monies collected by the said company under its schemes with returns which are due to its investors… within a period of three months,” said the Sebi order passed by its whole-time member Prashant Saran.
Armed with the new powers conferred upon it under the new Sebi Bill, the order further said, “Sebi shall also initiate attachment and recovery proceedings under the Sebi Act

PACL Latest News 2016 – What PACL investors should do to get their money back

in response to a query on behalf of  Moneylife Foundation, SEBI has outlined what PACL investors need to do to get their money refunded following the regulator’s orders against the company. In a path breaking order, market regulator Securities & Exchange Board of India (SEBI) had ordered PACL formerly Pearls Agrotech Corp Ltd, a collective investment scheme to refund a colossal Rs49,100 crore collected from investors over several decades in a land purchase scheme. However, the order has left investors in a panic and unclear about how to get their money back. It is important for investors to know that those who file and record their claims quickly have a better chance of getting their money back.

In response to a Moneylife Foundation request, a deputy general manager (DGM) of SEBI has clarified as follows:

It may please be noted that Hon’ble SAT in its order dated 12 August 2015 had directed PACL to wind up its existing schemes and refund all investors within a period of three months. The said time period will end on 11 November 2015. Recovery procedure can be initiated only after expiry of above period and after attachment of assets.
As regards the freezing of bank accounts of the company, it is understood that the Central Bureau of Investigation (CBI) is conducting an independent inquiry. As per media reports CBI in February 2014 raided PACL premises and seized data and papers relating to money and property of PACL.

As far as the suggestion to create an online mechanism for registering PACL investor’s requests is concerned, it may be noted that investors can register their complaints on SCORES platform (http://www.scores.gov.in/Complaint.aspx?flag=n). Since PACL Ltd is an unregistered/ unlisted entity, it does not have a SCORES Login ID due to which the complaints received on SCORES cannot be sent directly to the company electronically. However, such complaints are printed by SEBI and sent to the company for redressal.

Further, regional and local offices of SEBI are currently receiving complaints against the company, which are then sent to the entity at its registered address for redressal. The investors can also send their grievances to the nearest SEBI office, the addresses of which are available on the SEBI website.

if you have PACL Latest News 2016  any question about pacl investment plans, www.pacl india ltd your policy or schemes  you can write www.paclltd.com ltd  site click this link and write with name and mobile no.

Hope Investors Money is Secure.

PACL Updated: News 29 May 2016

Sebi launches auction process for PACL assets and CBI hands over PACL assets papers,

Recovery proceedings were launched “for their failure to refund an amount of Rs 49,100 crores with return due to investors, along with further interest and all costs, charges and expenses incurred in the recovery proceedings”.

Sebi had asked them to refund the money in an order dated August 22, 2014. The defaulters were directed to wind up the schemes, and refund money to the investors within a period of three months from the date of the order.

The interested bidders can inspect the property on June 9, and they would need to deposit 10 per cent of the reserve price as earnest money by June 27.

PACL, which had raised money from the public in the name of agriculture and real estate businesses, was found by Sebi to have collected these funds through illegal collective investment schemes over a period of 18 years.

Pursuant to a Supreme Court order, Sebi had set up a high-level committee to ensure that refunds are.

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94 thoughts on “PACL Latest News 2016 Do We Really Get Money Back Pearls Company

  1. thank you for useful sharing……in internet explrer your website not open smoothly so pls change your templete..

  2. Dear friends, Can you please tell me the way or the process to get back my invest money in PACL . Actually I have deposited 10000 rupees before 8 years. Can you please explain to get back the money.

  3. The much or it I should be return .if is it not so ‘many of ajent will die him self . For that I am saying to all leaders of pacl company that return money of all people .thank you if any information comes from pack then inform me .

  4. HELLO FRIENDS,MANY PEOPLE ARE ASKING ME THAT WHAT WILL BE HAPPENED WITH OUR MONEY? AFTER DOING HARD WORK THEY EARN MONEY. I AM FROM VILLAGE . PLEASE THINK ABOUT THIS.I HOPE WE WILL HAVE A NICE DAY.

  5. Dear friends, Can you please tell me the way or the process to get back my invest money in PACL . Actually I have deposit 80000 rupees before 8 years. Can you please explain to get back the money. Contect no. 8564860807

  6. My policy has been mature on Sept., 2015. When My deposit money will get me back. Your office phone has not been received our phone. please soon me reply.

  7. when the suprime court or high court ordered have be completed so why are you not coming back public money. why ? u willn’t be know that a simple men how gethered money to living hungry and you are being enjoy to these money shame on you that

  8. Dear friends, Can you please tell me the way or the process to get back my invest money in PACL (PGF) . Actually I have deposited 10000 rupees before 10 years in Trichy Branch. Can you please explain to get back the money.

  9. Me surendranagar branch me ejant ttha
    Aur meine 80000 rs.inwest karaye the aur
    Abhi tak hame ek rupye bhi nahi mila
    Aur branch che koi jawab bhi nahi milta to please help me
    My mobile no. 9714842495
    Dhasa.bhavnagar se hoo

    To bataiye hame hame kya karna hai

  10. sir ji chhattisgarh ke log agent ka bat manner ko taiyar nhi hai. log apna invest kite Rs. jaldi chshte hai. investor evam agent me hmesha tu-tu, mai-mai ho rhi hai….. SEBI apna faisla jalde le evam logo ka Rs. jaldi return ksreayr…..

  11. Me home maker hoon,me karnataka ke bhadravathi se, me 40,000rs invest karchuki hoon, policy expiry bhi ho chuka he abhitak na paysa, na tho unka office, na kisike ph no., isliye please mereliye ithna bathado ki kaise me rupiya vapasloon,please help me

  12. will u please tell me how my money back from pacl. my all relatives invest 10 laks rs . when supreme court order come to refund my money

  13. Thanks a lot sir, please sir how to return the money pacl policy…. (Kannada: pacl amount na hege return padeyodu please information kodi sir or website send madi sir very very need ede)

  14. MY MONTHLY INVESTMENT IS ALREADY ENDED ON 15 JUNE 2015 AND AFTER MATURITY PACL IS NOT READY TO ACCEPT MY APPLICATION AS THEY ARE SAYING THAT THE MATTER IS IN COURT AFTER COURT DECISION WE WILL ACCEPT YOUR APPLICATION.

    PLEASE SUGGEST WHAT TO DO???

  15. Hi Every one. Any one Guidance branches of Pacl .along with same agents details contact no please.
    Because I am also invested same money in Pacl. Or agent cell phone no has change if anyone have any agents no please provide me.
    Regards.
    GK Gupta
    Contact 7301924808

  16. Can u please tell me ? how my invested money will get back from PACL. I met and discussed with Coimbatore R.S.Puram branch office staff, but they are telling also the case under court. And we cannot do anything once the case will favor to us then you people invested money will be refunded like they are telling. Also my relatives few persons were invested lot of money in this PACL.

    Hence, request you to tell me when supreme court order will come and our invested money will be refunded please ?.

  17. Hiii every one. this really hard to know that every investors of PACL, facing the same problem..to get their money back……
    I have also invested in same company of RS 125000. aprox..from 2010..Now maturity period has completed. but their offices are closed.. from their website thousand complains of consumer given their. but still their was no reply from the comp.. Now we are afraid that when i will get my money back.
    Regards,

    Vidhan

  18. Hi, I also invested almost 2,00,000 in PACL in 2007. It get matured in 2013. I tried alot through my agent to get my money back but he is ignoring. Can anybody tell me the procedure how to get money back. I really need it badly. Please help.

  19. My Maturity date in PACL on Jun 2016. Kindly let me know the procedure for claim the same. PACL has closed his local office. Please let me know the latest updates on PACL.

  20. My name balwinder singh my pollice mature in feb 2015 . pls refund my amount . my amount is 192000 . my No ******* pls call me

  21. सर मेरा नाम रविन्दर कुमार है मैने pacl company मे 62000Rs.का निवेश किया था मेरी पॉलिसी भी पूरी हो चुकी है लेकिन अभी तक मेरा पैसा मुझे नही मिला किसी भाई को अगर उसके पैसे या कोई मैसेज मिलता है मुझे जरुर बताए Add. village surmi, P.o.bagthala district.kurukshetra Haryana

  22. sry to say the nearest pacl office gave a tollfree number to contact for further details but the when i called to that number it says doesnt exist and some times it says not reachable so please help me to reach them …

  23. Dear Sir
    I Complicate My investment Formality But Not refund My Money till Time
    So I Request for You Please Refund My Money As Soon As Possible
    I Need at

    Thanks Regard
    Kirti Anand Chouhan

  24. mera nam mritunjay kumar hai. me pacl me 80000 rupay ka envestment kiya hu. hamne rupay jama december 2011 me keye hai.
    pl. koi mere pese wapash kara de.
    mo. no. ****

  25. Dear sir /madam…

    I requesting to you.i paid regularly payment.i completed my installments.please refund my money as early as possible.

  26. SIR MERA NAME BODA DEVI HAI SIR MERA PACL ME 30000 RS. JAMA HAI
    JO KI SIR USAKA DATE 05/06/2016 ME HI HO GAY ABHI TAK KOI MASSEGES NAHI

  27. Dear sir i am an agent of pacl i am a hard worker i total invest money around 3000000 thirty lacks .sir i am a shopkeeper cum farmer .all investor are pressure at me .if company is fraud .than me and my all family will suside pls sir save my family sir pleasetell me how many time to returns.

    1. You need to wait there is PACL office in delhi where you can contact them some of get their amount back I don’t know how much true is that.

  28. Hiii every one. this really hard to know that every investors of PACL, facing the same problem..to get their money back……
    I have also invested in same company of RS 200000. aprox..from 2009..Now maturity period has completed. but their(roorkee) offices are closed.. from their website thousand complains of consumer given their. but still their was no reply from the comp.. Now we are afraid that when i will get my money back.
    Regards,

    Jai prakesh sharma

  29. Hello to everyone. Jo bhai pacl ke paise ka intjaar kar rha h wo apni aashaye chod den kyoki ye sab sarkar ka khel h. Kyonki isme aam janta ka paisa laga h . vijay malya ki company me govt + bank ka paisa laga tha isliya uspe turant karwahi ho gai. Aap log samajh chuke honge m kya kahna chahta hu

  30. Sir mera name Subhashchandra Yadav hai mera village murch post barona Klan tehsil bidhuna dist auraiya uttar Pradesh pin 206252 hai mera pacl India limited me Rs 85000 Jo September 2015 me milna tha Jo ki abhi talk bhi nhi mila hai

  31. I am from Jammu…. I invest my family members money in Pacl Ltd. I have completed my Policy time about 1.6 years but….I can’t get my money back.

    …sir please give me money back……

    Nahi toh India ki Public Zindabaad

  32. Hai friends how can get my money back can give me a solution because I invest money 3lakh plz every body waiting in know more people also

  33. Dear Sir,

    Thanks lot your kind information about this case, I have invested my fund in same company, I also wants to know about result how I can get money, plz share latest news about this case.. do you have any suguestion about in this problem where we go for refund of our money, any agency, Authorities or any offices, PACL case is going in hight court between SBI or CBI etc. but till time what we do in this case, many investors or all investors wants their money retund….. Still Wating, wating……..

    Manmohan Singh

  34. Plz my money is refund plz mujha bhut argent hai aaplog kyu n smjhta ho sir mai kitne din apka office ki chakar lgti rhungi i am investment 3 lake 75 thousand nd my costume is maximum 5 to 6 lake plz return me sabi to apko order de diya h to ap money back kyu n krta ho sir ji

  35. Sir I’m rinky agrawal from Gwalior I had also invest my money in pearl sir I m not getting any information about my money back plz tell me when I will get my money back

  36. HOW MUCH TIME IS NEEDEDY BY PACL TO REFUND OUR MONEY. IF ANYONE KNOWS THE PROCEDURE TO GET THE REFUUND PLS DO RPLY

  37. Dear Friends,

    What is the latest news as my agent of pearls keeps on telling me the dates now today on 4th sep,2016 he told me that the everything would be done by december 2016,but still i dont trust him.

    Can any body tell me what is the procedure to be followed to get my money back from them.

    Regards
    Asgar

  38. Hi,
    Even i have invested 1.5 Lks on this, if you come to know the process for getting money refund please update.

    Regards,
    Sridhar

  39. hello Sir,
    I Ram krishna Pandey , & I invest my on 2,50,00 (two lac fifty thousand only) on 5years.
    so mra paisa kab tk mjhko milyga ur sir ek saal se batya ja rha h ke agle month me mil jayga pr abhi tk kch bhe nhi.. mila h..mujhko confirm date bta skte h App….,

  40. Dear friends, Can you please tell me the way or the process to get back my invest money in PACL . Actually I have deposited 35000 rupees before 5 years. Can you please explain to get back the money.

  41. Hi Sir,

    I am Siva Prasad Yagati from kakinada.my mother have policy in PACL.she was paid all premiums.What is the procedure for get my money back..If any latest news regarding PACL me know.

    Kakinada
    Andhra Pradesh

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