{"id":9224,"date":"2016-02-23T13:50:36","date_gmt":"2016-02-23T13:50:36","guid":{"rendered":"https:\/\/www.edristi.in\/?p=9224"},"modified":"2016-02-23T13:50:36","modified_gmt":"2016-02-23T13:50:36","slug":"justice-r-m-lodha-committee","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/justice-r-m-lodha-committee\/","title":{"rendered":"Justice R M Lodha committee"},"content":{"rendered":"<p><strong>Question: Who is the chairman of the committee formed to sell assets of PACL and refund crore of amounts to the public who had invested in the firm\u2019s collective investment scheme (CIS) that was deemed illegal by the Securities and Exchange Board of India (SEBI)?<\/strong><br \/>\n(a) Justice M.B Shah<br \/>\n(b) Justice Sanjay Mishra<br \/>\n(c) Justice R.M Lodha<br \/>\n(d) Justice Virendra Singh<br \/>\n<strong>Ans (c)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul>\n<li>On 17 February 2016 Securities and Exchange Board of India (SEBI) appointed a committee under former chief justice R M Lodha to sell assets of PACL and refund Rs 49,000 crore to the public who had invested in the firm\u2019s collective investment scheme (CIS) that was deemed illegal by Sebi.<\/li>\n<li>\u00a0Earlier on 2 February 2016, the Supreme Court directed to appoint a committee to investigate the matter under the chairmanship of Justice R.M. Lodha, former Chief Justice of India.<\/li>\n<li>\u00a0Whole Time Member of SEBI, S. Raman and Chief General Manager and Regional Director, Northern Regional Office, SEBI AmitPradhanis the other two members of the committee.<\/li>\n<\/ul>\n<p><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.sebi.gov.in\/cms\/sebi_data\/pdffiles\/33052_t.pdf\" target=\"_blank\">http:\/\/www.sebi.gov.in\/cms\/sebi_data\/pdffiles\/33052_t.pdf<\/a><br \/>\n<a href=\"http:\/\/www.sebi.gov.in\/sebiweb\/home\/detail\/33052\/new\/PR-Constitution-of-Committee-In-the-matter-of-PACL-Ltd-Vs-SEBI-and-other-connected-matters-\" target=\"_blank\">http:\/\/www.sebi.gov.in\/sebiweb\/home\/detail\/33052\/new\/PR-Constitution-of-Committee-In-the-matter-of-PACL-Ltd-Vs-SEBI-and-other-connected-matters-<\/a><br \/>\n<a href=\"http:\/\/www.financialexpress.com\/article\/economy\/supreme-court-panel-to-sell-pearl-assets-to-refund-investors\/206275\/http:\/\/www.thehindubusinessline.com\/markets\/sebi-constitutes-justice-lodha-panel-for-refunding-pacl-investors\/article8248938.ece\" target=\"_blank\">http:\/\/www.financialexpress.com\/article\/economy\/supreme-court-panel-to-sell-pearl-assets-to-refund-investors\/206275\/http:\/\/www.thehindubusinessline.com\/markets\/sebi-constitutes-justice-lodha-panel-for-refunding-pacl-investors\/article8248938.ece<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Who is the chairman of the committee formed to sell assets of PACL and refund crore of amounts to the public who had invested in the firm\u2019s collective investment scheme (CIS) that was deemed illegal by the Securities and Exchange Board of India (SEBI)? (a) Justice M.B Shah (b) Justice Sanjay Mishra (c) Justice [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":9162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1133],"tags":[],"class_list":["post-9224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cc"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/9224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=9224"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/9224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/9162"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=9224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=9224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=9224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}