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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