• info@iafct.org
  • +91 9769 811 763

Welcome to Investors Action Forum Charitable Trust (IAFCT)

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Investors Action Forum Charitable Trust (IAFCT) is Association of Pancard Clubs Ltd investors. Registered in Jan 2017 under Trust act in Charity commissioner office Mumbai wide Registration No. E-32867. But started working in Oct 2016 by intervening in case of Pancard Clubs Ltd. v/s SEBI in Securities Appellate Tribunal ( SAT)which was going since Sep 2014 and Pancard Clubs Ltd. denying investors’ money giving reason of SEBI case. IAFCT intervene on 4th Oct 2016 through few investors in First Miscellaneous Application in which we added another three Miscellaneous Application. IAFCT shown many facts with documentary evidence & on basis of that SAT court given Order on 12 May 2017 to refund the investors money.

Now we are working to get back our hard earned money as early as possible. In this movement we want maximum investors to join us. As we are living in democratic Nation where maximum peoples majority will give us quick results.

Objectives of the Trust

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Educate investors related to all kind of investment instruments including Collective Investment Scheme's (CIS)

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Popularise, demand and advocate for greater investor protection of all kinds including for full, fair and reasonable disclosure of information relating to investment instruments for transparent and investor friendly market operation. Undertake or support various ways and means to protect the rights,titles,claims and interests of investors.

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To commence, continue, intervene, prosecute, defend, represent, answer or oppose all kinds of actions and proceedings before the competent authorities ( any Judicial or quasi-Judicial or Government or quasi Government or public body or authority ) on behalf of investors to protect their rights.

Court Orders

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Court orders given by SEBI against Pancard Clubs Ltd. and Securities Appellate Tribunal (SAT) order upholding SEBI order. In SAT court order respected Judges specified good role of Investors (IAFCT) as a interveners.

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SEBI Order

SEBI Order against Pancard Clubs Ltd. Dated 29.02.2016 to refund investors money in 90 days.

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SAT Order

Securities Appellate Tribunal (SAT) order dated 12.05.2017 upholding SEBI order to refund money.

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EOW Property Attachment List

Membership Form and Claim Form

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IAFCT Membership form are for membership of Trust and Claim forms are Investors claim forms to be send to sebi office as a claim ( refund ) of our investments.

General Guidelines

  • Membership form you can fill in either English or Marathi with Photo
  • Claim form is in Triplicate ( 3 copies to be filled) in which One copy is submitted to SEBI as a Claim, second copy is for office records & third copy returned to investors with Trusts stamp on it as acknowledgment
  • KYC Documents & Pancard Membership Certificate copy are required Photocopies (Xerox) only with self-signed by Investor ( not original)
  • Only One Set of KYC documents & Pancard Membership Certificate photocopies required
  • Contact number is compulsory (to giving updates) & E mail (if available) should be written in Membership form

  • Events

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    IAFCT now conducting Investors meeting in many parts of Maharashtra,West Bengal to inform Investors about what steps till date taken by IAFCT. How we can get back our money as early as possible by following legal process as per our Law.
    Aware Investors what is their right & how we can claim our refunds from SEBI.

    Committee

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    We have well known Trustees in the Board Mr. Vishwas Utagi is well known Union Leader & Banker.
    Mr Ashok D Goray is retired ACP of Mumbai Police.
    Many other Trustees are good in their field and are giving their time as a honorary member.

    Trustees of Investors Action Forum Charitable Trust

    President Arvind S Pednekar Vice President Chandrakant M. Kangutkar
    Secretary V. C. Berde Treasurer V. P. Gosavi
    Members Vishwas Utagi (Leader of Bankers Union & Trusts Convener) Members Ashok D Goray (Retd. ACP Maharashtra Police)
    Members Arun R. More Members M. N. Lavangare
    Members D. K. Vyawahare Members C. S. Yelkar
    Members P. M. Parab

    Media

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    Pancard Clubs Ltd Investors refund related Articles and News appeared in Newspapers and News Channels.

    CONTACT US

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    Investors Action Forum Charitable Trust Thane (West),
    F-1 & 2 First Floor,TMC Office, Uthalsar Naka, Thane west 400601
    Mobile Number.: +91 976 981 1763, Email .: info@iafct.org / iafct2017@gmail.com
    Bus Number : 12, 62 from Thane Station (Stop Name -> Uthalsar)

    Investors Action Forum Charitable Trust Lalbaug
    (Only for Marketing Persons Submitting More Than 15 Forms )
    ,
    107 First floor, Om Sumit, Ganesh Galli, Lalbaug, Mumbai - 12
    Mobile Number.: +91 965 342 6695 (Call before Coming), Email .: info@iafct.org / iafct2017@gmail.com