Search For "chit fund companies"
Andhra Chit fund scam: CID issues notice to Margadarsi chit fund chairman
Updated : 3 years, 2 months ago IST
Last November, Andhra Pradesh's Registration and Stamps Department said that there have been malpractices in the functioning of chit fund companies in the state and show cause notice would be issued to those who have violated the rules.
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ED conducts searches at 15 premises of chit-fund companies
Updated : 3 years, 3 months ago IST
ED had recorded a money laundering case against Tower Infotech Ltd and Pincon Group on the basis of FIRs registered by CBI and West Bengal Police for misappropriating Rs 156 Crore and Rs 638 crore respectively collected from its investors.
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Forensic auditing to be done at Margadarsi chit fund, errant companies wil
Updated : 3 years, 6 months ago IST
The official said the department conducted inspections at 12 chit fund companies on October 21, five organisations were inspected on October 31 and 18 units were inspected on November 15.
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CBI registers case against former Rajya Sabha TMC MP for cheating investor
Updated : 3 years, 10 months ago IST
New Delhi [India], July 26 (ANI): The Central Bureau of Investigation (CBI) on Tuesday registered a case against a former Rajya Sabha MP, his son and seven others on the allegations of cheating and misappropriation of about Rs 100 crore invested by a large number of private persons in two ch
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Speed up process of getting back deposits of investors from chit fund comp
Updated : 4 years, 11 months ago IST
Raipur (Chhattisgarh) [India], July 3 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel has directed the officials to take prompt action to get back the deposits of investors from chit fund companies.
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Chhattisgarh CM calls for action against managers, operators of unregulate
Updated : 6 years, 6 months ago IST
Raipur (Chhattisgarh) [India], Nov 24 (ANI): Chief Minister Bhupesh Baghel on Saturday gave directions to conduct a proper investigation and take appropriate actions against the managers and operators of the unregulated financial chit fund companies.
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Rajasthan govt to introduce bill to protect depositors
Updated : 6 years, 11 months ago IST
Raipur (Rajasthan) [India], Jun 24 (ANI): Chief Minister Ashok Gehlot's government is set to introduce a Bill to protect depositors and to put a check on cheating by chit-fund companies, an official statement read.
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All 74 chit fund cases handed over to CBI: Tripura CM
Updated : 8 years, 1 month ago IST
Agartala (Tripura) [India] Apr 30 (ANI): Keeping its poll promise, the BJP-IPFT government in Tripura handed over all the 74 chit fund cases from the Special Investigation Team (SIT) to the Central Bureau of Investigation (CBI), Chief Minister Biplab Kumar Deb announced on Sunday.
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