Dear Sir, PACL India Limited called them selves as PEARLS whose registerd office is at Amber Tower Sansarchand Road Jaipur with coporate office is in Gopaldas Bhawan, Barakhamba Road, New Delhi whose REGN no. is 17-011577 is the company who deals in collecting the money in the form of Reccuring Deposit and Fixed depost from Public saying that they will provide the plots against their investment or sum money will be refund to them after the completion of the tenure by means fo resale of the plots.
sir recently in Gwalior Districts, The Gwalior collectorate has put the banned on the compnay operation and seized their all bank accout saying that it is a chit fund company not register with RBI.
Sir kindly tell me is that my hard money is safe their or not.
I have invested in their plan No. 17 and term 5Y-6M With equated montly installments of Rs 1000 per month.
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