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
PACL, so that the sale proceeds can be paid to the
investors, who have invested their funds in PACL Limited. SEBI had filed an
application ... PACL, so
that the sale proceeds can be paid to the investors, who have invested their
funds in PACL Limited. SEBI had filed an application
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
Supreme Court vide which aliena.on of proper.es
belonging to PACL Ltd, its associate/ group companies/Directors/
Promoters/Agents/Employees and other concerned individuals ... from Virshak Builder Pvt. Ltd., which is a subsidiary
company of PACL Ltd., vide sale deed No.2018-19-100/31 dated 10.07.2018. In
addi
allega ons against the accused are that in the year
2006, PACL Ltd. had purchased area measuring 76 Kanal 12
Marla situated in village Budhewal ... Supreme Court restric ng aliena on of proper es
belonging to PACL Ltd, its associate/ group
Promoters/Agents/Employees companies/Directors/ and other
concerned individuals
acused who
are the promoters of Pearls Agro-tech Corporation India Ltd (PACL)
assembled at Saradha Krishna Ayer Auditorium, Thalassery, Kerala
State for accepting deposits ... case in vignette is that the accused company "PACL Ltd" has
been collecting deposits from the public offering exorbitant interest
and was giving
Ltd. through its Managing Directors including the
present revisionist.
3. Allegedly a fraud upon, approximately, 5.5 Crore
persons was played by PGF Ltd. and PACL ... also filed against
company M/s PACL Ltd, of which the present respondent
Sukhdev Singh, Managing Director is named as one of the
accused
against M/s. Pearls Golden Forest Limited (PGF), M/s. Pearl
Agrotek Corporation Limited (PACL); and certain directors of PGF and
PACL.
BAIL APPLN. 2470 ... PACL were tainted
in any manner on account of an order dated 28.11.2003 of Rajasthan
High Court in PACL India Ltd. vs. Union of India
PACL were tainted in any manner on account of an order dated
28.11.2003 of Rajasthan High Court in PACL India Ltd. v. Union of
India ... also an order dated 26.02.2013 in SEBI v. PACL India Ltd .
in CA 6753-54/2004 wherein, the Hon'ble Supreme Court refused
