ms Bhagyashree buildtech pvt ltd vs panel of recovery officers appointed under section 28a of the sebi act, 1992 in the matter of pacl ltd on 26 October 2026

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

Date : 26.10.2026

Appeal No. 345 of 2026

[Along with Misc. Application No. 1107 of 2026]

M/s. Bhagyashree Buildtech Pvt. Ltd.

…Appellant

Versus

Panel of Recovery Officers appointed under Section 28A of the SEBI Act, 1992 discharging functions in terms of the Orders of the Hon’ble Supreme Court dated 08.08.2024

and

19.02.2026 in C.A. No. 13301 of 2015 in the matter of PACL Ltd.

…Respondent

Ms. Anu Shrivastava, Advocate for the Appellant.

Mr. Chetan Kapadia, Senior Advocate with Mr. Mihir Mody, Mr.

Vijay

Chockalingam,

Mr.

Aavish

Shetty,

Mr.

Sudhanshuman

Naruka

and

Mr.

Vignesh

Narayanan,

Advocates i/b. M/s. K. Ashar & Co. for the Respondent.