Finance

S.E.B.I. Announced That They Did Not Make Offer To Pay Rs 20,000 Crores Which Was Raised Capital By Public

Markets regulator SEBI on Tuesday declared that has not made any offer to pay Rs 20,000 crore has due from P.A.C.L Ltd from last three years by sale of properties. The clarification comes following a video being circulated on WhatsApp. P.A.C.L, which had raised money from the public in the name of agriculture and real estate businesses, was found by SEBI to have collected more than Rs 60,000 crore through other sources collective investment schemes (CISs) over a period of 18 years.A panel, headed by retired Justice R M Lodha, started the process of refunds for investors, who invested money in P.A.C.L.This information was came near to Lodha Committee that a video is currently being sharing by people on Whats App containing a clipping from a business channel which states that P.A.C.L has made an offer to pay Rs 20,000 crore in three years by sale of properties and that the committee would revert with a counter offer by June 21

“The committee about which we’re discussing about issued that states that no such offer of P.A.C.L Ltd has been currently made to or countered by the committee, it added.In April, SEBI said payment aggregating to Rs 205 crore has been made to more than 8 lakh investors, with claims up to Rs 7,000.

8 thoughts on “S.E.B.I. Announced That They Did Not Make Offer To Pay Rs 20,000 Crores Which Was Raised Capital By Public

  1. Opportunities don’t happen.
    Washington’s message was that it’s wiser to be upfront and deal with the consequences.
    Other Common Examples of Aphorisms
    The original saying was, Eat an apple on going to bed, and you’ll keep the doctor from earning his bread.
    Pick an aphorism that relates to your message and use it to stay focused on your overarching theme.
    Aphorisms are so common that we hardly think twice about them.
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    This quote originated from Thomas Howell in New Sonnets and Pretty Pamphlets.
    Keep your friends close, but your enemies closer.
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    Other Common Examples of Aphorisms
    Finally, All things come to those who wait is a good aphorism we’re all familiar with.
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    Aphorisms are so common that we hardly think twice about them.
    Take this proverb, for example.
    This famous motto highlights the truism that life is full of ups and downs.

  2. Michael Corleone from The Godfather II disagreed with that.
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    Today, calling someone a Jack of all trades is usually a jab because it implies that their knowledge is superficial.
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    The original dictum said, A penny spar’d is twice got, but it’s adapted over the years for modern English.
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    Yup, you guessed it.
    Want a few more.
    Now you might be asking.
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    Aphorisms often use metaphors or creative imagery to express ideas.
    Another aphorism that’s adapted is, Don’t count your chickens before they hatch.

  3. Now that we’ve covered the aphorism definition, are you ready for more examples.
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    This also reminds me of a precept by Sir Edwin Sandys, a politician who helped establish Jamestown, Virginia.
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    Let me ask you.
    One of his most notable is, An ounce of prevention is worth a pound of cure.
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