PUBLIC NOTICE FOR SALE OF PROPERTIES OF PACL LTD.

 PUBLIC NOTICE FOR SALE OF PROPERTIES OF PACL LTD.

1)    The  Justice  (Retd.)  R.M.  Lodha  Committee  (in  the  matter  of  PACL  Ltd.)(“Committee”)
       has been directed by the Hon’ble Supreme Court of India vide
       order dated 23.01.2020 (“Order”) passed in C.A. No. 13301/2015 in the matter of
       Subrata  Bhattacharya  Vs.  Securities  and  Exchange  Board  of  India,  inter  alia,  to “...formulate terms
       and conditions...” incorporating features which have been set out in the aforesaid order as well as “...other         requirements which the Committee may consider necessary to spell out.”


2)     This Public Notice is being issued by the Committee for the Sale of properties of PACL Ltd., in                           pursuance of the aforementioned order dated 23.01.2020, inviting Expression of Interest (EOI) from                  Interested parties including 12 bidders referred  to in the said Order, or other ARCs,
        or NBFCs or prospective purchasers,on the terms and conditions specified herein below.

    

      A.    Properties: 

                       (i)             Property/Properties shall mean the 27 ,138 properties of PACL Ltd., its group  entities                                        and related parties specified Zone – wise herein below
                       
                        (ii)      List  of  propertiesreferred  to  in  (i)  hereinabove specified as  being  available for sale,                                     together with scanned documents thereof,are currently accessible on  the  website –                                           www.sebipaclauction.comand  details in  excel format atlink-“Sale of properties of PACL                                     Ltd. pursuant to Order dated 23.01.2020  of the Hon’ble Supreme Court of India in                                                     C.A.13301/2015”.

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