India: Sebi Launches Auction Process For PACL Assets

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New Delhi: To recover funds totalling about Rs 60,000 crore for repayment to investors in the PACL case, the Securities and Exchange Board of India (Sebi) on Sunday initiated a sale process for the attached assets of the group and said an e-auction would be held for some properties on July 5.

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Source : India: Sebi Launches Auction Process For PACL Assets