The Justice (Retd.) R.M. Lodha Committee, constituted by SEBI under Supreme Court orders, has issued a tender document for the e-auction sale of properties formerly owned by PACL Limited. The auction is conducted on an 'as is where is, whatever there is' basis to facilitate the repayment of funds to investors. Interested bidders must declare they are not 'related parties' to PACL Limited or its associates. The committee has engaged SBI Capital Markets Limited to assist with the auction process. Bidders are advised to conduct their own due diligence before participating.

The Justice (Retd.) R.M. Lodha Committee, constituted by SEBI under Supreme Court orders, has issued a tender document for the e-auction sale of properties formerly owned by PACL Limited. The auction is conducted on an 'as is where is, whatever there is' basis to facilitate the repayment of funds to investors. Interested bidders must declare they are not 'related parties' to PACL Limited or its associates. The committee has engaged SBI Capital Markets Limited to assist with the auction process. Bidders are advised to conduct their own due diligence before participating.