SEBI plans to auction 22 properties of 7 defaulting companies, including Pailan Group, Vibgyor Group, and GBC Industrial Corp, on July 8 to recover funds.
SEBI plans to auction 22 properties of 7 defaulting companies, including Pailan Group, Vibgyor Group, and GBC Industrial Corp, on July 8 to recover funds illegally collected from investors. The properties, located in West Bengal, have a reserve price of Rs 45.47 crore. The auction process will be overseen by Justice Sailendra Prasad Talukdar and assisted by Adroit Technical Services Ltd.
June 10, 2024
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