New Delhi, May 2
Taking a multi-lingual approach for reaching out PACL’s investors, market regulator SEBI today come out with a detailed set of Frequently Asked Questions (FAQs) about the case in 13 languages, including English and Hindi.
Besides, the FAQs have been issued in regional languages, including Assamese, Malayalam, Gujarati, Kannada, Tamil and Bengali. These have also been published in Marathi, Odia, Punjabi, Telugu and Urdu.
Following a Supreme Court order, SEBI has set up a high-level committee to ensure refunds in the PACL case are made to genuine investors.
The panel, chaired by former chief justice of India RM Lodha, is in the process of collecting documents of PACL from CBI to initiate the process of disposing of properties to refund money to investors after verifying their genuineness. PTI
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