registered against two
companies, namely PGF Limited ["PGF"] and PACL Limited
["PACL"], and their officers. The FIR was registered pursuant ... controlled by him.
He dishonestly received the funds from M/s. PACL
Limited (erstwhile M/s PACL India Limited) on the
pretext of land development
petition to freeze the accounts standing in the name of the PACL ltd. The said Hon'ble Court dismissed the petition filed by this ... dated 21.8.2007, requesting the Banks to freeze the accounts of the PACL Ltd., which is impugned in this writ petition, is legally valid
granted, which reads thus:
"(a) Pass an order directing that PACL Ltd. And/or its
Directors/Promoters/agents/employee/Group and/or associate
companies ... petitions), who claimed to be an investor in M/s PACL
Ltd., made a complaint to the Director General of Police, Punjab, alleging that
amounts deposited by depositors by PFG Ltd and during enquiry CBI revealed
that PFG Ltd and PACL Ltd are one and same thing ... Lodha to reimburse the investors of the PACL company by disposing
of the properties of PACL Limited. It is also pertinent to mention here that
Pacl Limited vs State Of Rajasthan And Anr on 1 August, 2016
Author: Sabina
Bench: Sabina
1
IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN ... JAIPUR.
S.B. Criminal Misc. Petition No.5130/2015
M/s PACL Ltd. Vs. State of Raj. & Anr.
Date of order
Associates Pvt. Ltd., Delhi,
Maurya Healthcare Pvt. Ltd., Delhi, Panghat Properties Pvt. Ltd., Delhi,
Lakhpati Properties Pvt. Ltd., Delhi, Sunbright Realtors Pvt. Ltd., Mohali,
Spacecity ... Infrastructure Pvt. Ltd., Gramin Colonisers & Construction
Pvt. Ltd., Kundalini Buildways Pvt. Ltd., Shashti Buildcon Pvt. Ltd.,
Swarnika Skyhi Promoters Pvt. Ltd., Varishsena Farming Construction
proceedings in respect of any claim or related
matters pertaining to PACL Ltd. and /or its
Directors/promoters/group/companies/entities/indivi ... Justice (Retd.) R.M. Lodha
Committee (in the mater of PACL Ltd.), and/or its
Chairman and/or its Members and/or the Securities
Singh Dhillon and Dharmendra Singh
Sandhu were fraudulently made Directors of PACL Ltd. based on
forged documents regarding Extra Ordinary Shareholder Mee ng
(hereinaCer referred ... EOGM) of shareholders held on
01.01.2022 at registered office of PACL Ltd., at Jaipur, that is
nonfunc onal since 2014.
[18]. That the complaint
Properties Private Limited and
Dhillon Empire Private Limited on since 2016. As per the list, of 640 associate/
subsidiary companies of PACL Ltd., provided ... SEBI, both of these companies
are associate/ subsidiary companies of PACL Ltd. Accused Gurpreet Singh
Bhangoo is real nephew of Nirmal Singh Bhangoo, Director
under:-
"20. That the allegations against the accused are that PACL Ltd. had purchased
160 Kanals of land in village Achalpur, Tehsil Garhshanker, District ... District Hoshiarpur despite having
knowledge of that this land belongs to PACL Ltd and Hon'ble Supreme
Court has issued restraining order for further
