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Tag: defreeze

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  • Sebi rejects PACL group firm’s plea to defreeze bank accounts

    Sebi rejects PACL group firm’s plea to defreeze bank accounts

    Markets regulator Sebi on Thursday rejected the plea of Pearls Infrastructure Projects, majority owned by PACL, to defreeze its bank accounts for payment of statutory and other dues. The move comes after Pearls Infrastructure Projects Ltd (PIPL) requested Sebi’s recovery officer to defreeze the bank accounts. The company said it has outstanding salary payments with respect to...

    December 22, 2017