PACL Latest Refund News Supreme Court Introduction PACL latest refund news Supreme Court is searched by lakhs of Indian investors who invested their hard-earned money in PACL schemes and are waiting for a lawful refund. People want to know the current Supreme Court directions, refund timelines, eligibility, and how to check PACL refund status without … Read more
Safe Investment Options After Chit Fund Loss: A Practical Guide for Indian Families Many Indian families have experienced financial loss through chit funds, unregistered investment schemes, or delayed refund companies. After such experiences, the biggest challenge is not money — it is trust. People become afraid to invest again. They prefer keeping cash idle instead … Read more
The Rise of PACL PACL (Pearls Agrotech Corporation Limited) orchestrated one of India’s largest financial scams, misleading over 58 million investors into investing more than ₹60,000 crore with false promises of high returns in real estate and agriculture projects. Regulatory Crackdown In 1999, SEBI identified PACL’s activities as unauthorized collective investment schemes (CIS). By 2014, … Read more
Pancard Club Limited (PCL) is a Mumbai-based company that became operational in 1990. PCL owns and runs a big hotel chain and engages in activities such as the development and maintenance of clubs, hotels, and resorts. Despite delivering on its promises for more than a decade, Pancard Club was under the scanner for soliciting money … Read more
Alchemist Infra Realty Limited- Case Summary After receiving an anonymous complaint from the investor’s capital markets regulator about Alchemist Infra Realty Ltd illegally raising funds, SEBI started its investigation into the matter in 2011. Securities and Exchange Board of India found that the company was involved in collective investment schemes (CIS) in the name of … Read more
रामेल इंडस्ट्रीज लिमिटेड ने वैकल्पिक रूप से पूरी तरह से परिवर्तनीय डिबेंचर (ओएफसीडी) जारी करके जनता से धन जुटाया था और भारतीय प्रतिभूति और विनिमय बोर्ड (सेबी) के साथ इसके संबंध में कोई प्रॉस्पेक्टस दाखिल नहीं किया था। कंपनी पर कथित तौर पर करीब रुपये की याचना करने का आरोप लगाया गया था। 2009 और … Read more
सेबी ने अल्केमिस्ट इंफ्रा रियल्टी लिमिटेड को ‘सामूहिक निवेश योजनाओं’ पर एक नई कार्रवाई के तहत, ऐसी सभी गतिविधियों को रोकने और सार्वजनिक निवेशकों से प्राप्त धन की प्रतिपूर्ति करने का आदेश दिया है, जो तीन महीने के भीतर 1,000 करोड़ रुपये से अधिक हो सकता है। राज्य के जिन लोगों ने विभिन्न योजनाओं के … Read more
Incorporated in March 1999, Togo Retail Marketing Limited (TRML) is a public company. In April 2013, it is noted that the company had allegedly been involved in the allotment of equity shares since 2004 without complying with the provisions of the Companies Act, 1956 and SEBI Act. The company had collected over Rs. 9.2 crore … Read more
SEBI has asked for information related to GCA Marketing properties for a refund GCA Marketing Private Limited is a chit-fund company that used to solicit money from investors in a form of single, monthly, and yearly plans and leased out plants with an assured buyback. As per the Punjab Agricultural Produce Markets Act, the company … Read more
केंद्रीय जांच ब्यूरो (सीबीआई) ने साराधा घोटाले की जांच के तहत सिक्योरिटीज एंड एक्सचेंज बोर्ड ऑफ इंडिया (सेबी) के तीन वरिष्ठ अधिकारियों से पूछताछ की है। जांच एजेंसी के सूत्रों ने कहा कि सेबी के पूर्व कार्यकारी निदेशक (ईडी) केएन वैद्यनाथन और ईडीएस एसवी मुरलीधर राव और एस रविंद्रन की सेवा एसआरआईएल (सारधा रियल्टी) के … Read more
It has come to light that Falkon Industries had raised Rs. 48.58 lakh through the issue of redeemable preference shares (RPS) to around 714 individuals in 2009-2010. Since the shares were issued by the company to more than 50 individuals, it qualified as a public issue that requires mandatory listing on a recognized stock exchange, … Read more
Sai Prasad Corporation Ltd (SPCL) has been found to raise money through collective investment schemes (CIS) without complying with the securities market norms. The company has illegally collected Rs. 137.12 crores during FY 2012-13 and Rs. 478.35 crores during 2013-14 through its subsidiary without obtaining a certificate of registration from the Securities and Exchange Board … Read more
Pancard Clubs Limited मुंबई की एक कंपनी है जो 1990 में चालू हुई थीएक बड़ी होटल श्रृंखला चलाता है। 2010 में एक कार्रवाई में, यह पाया गया कि पैनकार्ड क्लबों ने उठायारुपये से अधिक का फंड इसकी अवकाश योजना के तहत लगभग पांच मिलियन व्यक्तियों से 7000 करोड़ रुपये।हॉलिडे पैकेज एक निवेश योजना के लिए … Read more
In December 2015, the capital market regulator found that Greentouch Projects have illegally raised funds through the issuance of non-convertible redeemable debentures (NCDs) to about 20,549 individuals without complying with public issue norms stated under SEBI’s Issue and Listing of Debt Securities and the Companies Act 1956. Since the shares were issued by the company … Read more
अप्रैल 2007 में निगमित, Icore E Services Ltd. सार्वजनिक कंपनी की श्रेणी में सूचीबद्ध है और इसे गैर-सरकारी के रूप में वर्गीकृत किया गया है। कंपनी। कंपनी ने कम से कम रु. 2007-2008 और 2010-2011 के बीच प्रतिभूतियों को जारी करने के माध्यम से 45 करोड़। प्रतिभूतियों को 49 से अधिक लोगों को जारी किया … Read more
KBCL India Ltd Case- A Brief Introduction How did the KBCL India Ltd scam get busted? KBCL India Limited Refund Status KBCL India Limited Latest Update KBCL India Ltd Case- A Brief Introduction Incorporated in 2002, KBCL India Limited (a unit of the Kalpataru group) is a non-government organization. It is mainly involved in the … Read more
Micro Leasing and Funding Ltd. have mobilized Rs. 58 crores from more than 50000 investors through the issuance of redeemable preference shares in contravention of public issue norms stipulated under the Companies Act, 1956. In 2016, SEBI directed Micro Leasing and its four directors Upendra Nath Mishra, Kali Prasad Mishra, Durga Prasad Mishra, and Banaja … Read more
SEBI directed Prayag Group of Companies to Return Investors’ Money Prayag Group of companies is one of the old companies that were involved in running the Ponzi scheme in the eastern region of the country. Prayag Infotech Hi-Rise (PIHL) had made an offer of redeemable preference shares (RPS) between 2007-2008 and 2011-2012 and mobilized at … Read more
कोलकाता वियर इंडस्ट्रीज लिमिटेड मई 2009 में निगमित एक गैर-सूचीबद्ध सार्वजनिक कंपनी है। परगना दक्षिण, पश्चिम बंगाल में स्थापित, कंपनी खाद्य उत्पादों की वस्तुओं का निर्माण करती है और देश के कई राज्यों में चालू है। कंपनी पर करीब सवा लाख रुपये जुटाने का आरोप था। 2009 से 2011 के बीच एक लाख से अधिक … Read more
It has come to notice that Amrit Projects Ltd (APL) violated public issue norms. The company had raised Rs. 2.57 crore from around 2200 investors through the issuance of deep discount bonds such as infra bonds and power bonds between 2007-08 and 2012-13. The capital market regulator, SEBI found that APL failed to list on … Read more
Sahara India Pariwar Overview Information Details Company Name Subrata Roy Sahara Conglomerate Founder Subrata Roy Sahara Headquarters Lucknow, Uttar Pradesh, India Business Model Sub-sectors include finance, entertainment, infrastructure, healthcare, insurance, retail, education (edunguru), electrical vehicles (Sahara evols), AI, etc. Sponsorship Owned and sponsored many sports teams, including Indian National Cricket Team and Indian National Hockey … Read more
Weird Infrastructure Corporation limited is a real estate and renting company incorporated in June 2010. Based in Lucknow, the company had raised over Rs. 16 crores from investors via issuance of non-convertible debentures (NCDs) without complying with the public issue norms stipulated under the Companies Act 1956. In 2015, the Securities and Exchange Board of India … Read more
पिनकॉन स्पिरिट चिट फंड मामला: समिति ने निवेशकों से धनवापसी प्रक्रिया शुरू करने के लिए आवश्यक दस्तावेज प्रस्तुत करने का अनुरोध किया है 1978 में स्थापित, पिनकॉन स्पिरिट लिमिटेड पश्चिम बंगाल की एक कंपनी है, जो शराब बनाती है। यह ध्यान में आया है कि अप्रैल 2012 से मार्च 2015 तक, पिनकॉन स्पिरिट ने 4,256 … Read more
PACL Chit Fund Refund latest news 2022: Investors of chit fund company Pearl Group (PACL) have got great news. SEBI has issued a new order for a refund. The Committee of the Securities and Exchange Board of India (SEBI) has approved the refund of claims up to Rs 15000. In the new order of SEBI, … Read more
As per SEBI’s investigation, Weird Industries had mobilized Rs. 3.45 crore through the issuance of redeemable preference shares to around 2000 individuals in 2008-2009 and 2009-2010. Apart from this, the company had also mobilized Rs. 14 crores through issuing non-convertible debentures (NCDs) in 2010 and 2011. Since the shares were issued by the company to … Read more
Incorporated in April 2007, Icore E Services Ltd. is listed in the class of public company and is classified as Non-Govt. Company. The company had raised at least Rs. 45 crore through the issuance of securities between 2007-2008 and 2010-2011. The securities were issued to more than 49 people, which required compulsory listing on a … Read more