Tuesday, October 20, 2020

Last date for investors & applicants with claims upto Rs.7,000 for making good the deficiencies in their claims if any – SEBI

Last date for investors & applicants with claims upto Rs.7,000 for making good the deficiencies in their claims if any – SEBI

Securities and Exchange Board of India

PUBLIC NOTICE

Date: October 15, 2020

Sub: Last date for investors/applicants with claims upto Rs.7,000/- for making good the deficiencies in their claims, if any.

1. The Justice (Retd.) R.M. Lodha Committee (the “Committee”) vide Press Release dated January 15, 2020 provided an opportunity to all investors/applicants with claims upto Rs 5000/-, whose claim applications were found deficient, to make good deficiencies as may be applicable to their claims, so as to enable their claims to be processed. Accordingly, web-portal (www.sebipaclrefund.co.in) providing such facility was made operational on January 24, 2020. The last date for accepting such rectified application was July 31, 2020. Thereafter, the Committee vide Public Notice dated July 31, 2020 extended the last date to October 31, 2020.

2. The Committee has vide Public Notice dated July 21, 2020 also provided similar facility to the investors with claim amount between Rs 5001/- and Rs 7000/- and accordingly, the web-portal was made operational from August 01, 2020. The last date for accepting such rectified application is October 31, 2020.

3. Investors/applicants with claims upto Rs.7,000/- whose claim applications were found deficient, are again requested to expedite and rectify the deficiencies, if any, in their applications before October 31, 2020.

Nodal Officer cum Secretary
Justice (Retd.) R.M. Lodha Committee
(In the matter of PACL Ltd.)

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