chit fund

Bhubaneswar: The OPID Court in Cuttack has directed to confiscate properties of Odisha Home Private Limited chit fund company on Friday. Reportedly, the court has confiscated 18 acres of 30 decimal property. A bank deposit of Rs 8,87,000…
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Bhubaneswar: The Economic Offences Wing (EOW), Bhubaneswar has arrested director of Inter Occean Videsh Limiteda chit fund company, on charges of cheating the investors. The accused, identified as Dillip Kumar Jain of Bikaner, Rajasthan,…
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Cuttack: A special Odisha Protection of Interests of Depositors (OPID) court has awarded 7 years of rigorous imprisonment to seven people in Siddha Mahapurusha Mani Society Chit Fund scam. Apart from sentencing the accused person to…
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Bhubaneswar: The CBI has taken Shuvra Kundu into 5-day remand in connection with the Rose Valley Chit Fund case. The CBI had brought Shuvra Kundu to Bhubaneswar yesterday in connection with the Rose Valley Chit Fund case. They had…
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New Delhi: The Reserve Bank of India (RBI) on Monday cancelled the Certificate of Registration of 25 Non-Banking Financial Companies (NBFC). The RBI is said to have cancelled the Certificates as per Section 45-IA (6) of the RBI Act,…
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KalingaTV News Network Bhubaneswar: Justice MM Das Commission, probing into the multi-crore chit fund scam in Odisha, submitted its fifth interim report to the State Government on Friday. The Commission presented its report to the…
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KalingaTV News Network Bhubaneswar: Ollywood actor Sritam Das on Tuesday was grilled by the officials of the Enforcement Directorate (ED) for his alleged link with a chit fund company. “I answered every question they (ED officials)…
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Bhubaneswar: The Government of Odisha on Saturday extended the tenure of commission headed by Justice MM Das probing into alleged multi-crore chit fund scam in the state by six months with effect from February 5. The State Home…
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Kalinga TV News Network Kolkata: The Enforcement Directorate (ED) on Friday attached assets worth 293 crore rupees belonging to Rose Valley, one of the many companies charged in the chit fund scam case in which millions of people in…
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In his first visit to Odisha after assuming charge as the Joint Director of the Central Bureau of Investigation, AYV Krishna, visited the CBI office in Bhubaneswar and took stock of the investigations in the chit fund case. During his…
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