In particular, an auction question has been asked for 17 crores 43 lakh 47 thousand 703 rupees.
PACL: A happy news has come out after a long day in the case of PACL customers. This information has been published on the official website of the SEBI.
This means that PACL will only be able to refund paid customers if they sell PACL assets. The Lodha Committee and the SEBI are involved in this matter.
The committee was set up on February 2, 2016 in the Supreme Court and went into the business of selling assets. However, due to various obstacles, the situation was such that the property could not be sold.
The fact of the matter is that even though some amounts are being credited to the bank account of the customers, the SEBI is not currently in possession of the money.
Although many companies offered to auction the property in that manner, the SEBI rejected it as they asked for more time. The SEBI also set a number of strict conditions.
Because of this many companies have not come forward to buy these assets. The reason is that the SEBI has examined the eligibility of companies to the extent of purchasing these assets.
But the good news is that there are currently 2 bidding questions. In particular, an auction question has been asked for 17 crores 43 lakh 47 thousand 703 rupees.
The question was referred to the SEBI on 18 February 2021. It states that the amount they have asked for will be handed over to the SEBI within two months.
That is, 25% of the amount is handed over within the first 10 days and the total amount is handed over within the remaining 45 days. For example, the company has stated that it is ready to pay the total amount within two months.
So far most of the bidding companies have all asked for a three or four year repayment period. But the present question is that even though it is Rs 17 crore, it has agreed to hand over the money within two months.
It is therefore expected that this will definitely be accepted by the SEBI. Also, a bidder has attached a check for Rs 7 lakh.
All this information is given in PDF format below which you can view and download.
This information is good news about the property that will be available after a very long time, while it is good news that there will be an opportunity to get money in the short term.
So please share this information with everyone who agrees on this question is expected to credit the next large amount of money to the bank account of the people.
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