Supreme Court entrusts RM Lodha J. to oversee refund of money by PACL

Murali Krishnan February 2 2016

Former Chief Justice of India, RM Lodha’s hectic retired life will continue. After the BCCI and “cleaning up cricket”, Lodha J. has now been entrusted by the Supreme Court with the task of overseeing the refund of money by PACL Limited to its investors.

A Division Bench of Justice Anil R Dave and Justice AK Goel appointed Lodha J. to head a committe that will oversee the refunds to investors. The Court has also debarred PACL from accepting any deposits from the public.

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