Search For "chit funds"
Andhra Pradesh CID conducts searches at 7 branches of Margadarsi Chit Fund
Updated : 12 months ago IST
"These search operations were undertaken as part of an investigation into the cases registered by AP-CID against seven branches of MCFPL under sections 420, 409, 120(B), 477(A) read with 34 IPC and Sec 5 of APPDFE Act-1999 and Sec 76, 79 of Chit Funds Act 1982," an official release stated.
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CM Baghel urges Chhatisgarh officials to speed up crackdown on fraud chit
Updated : 1 year, 6 months ago IST
Raipur (Chhattisgarh) [India], October 8 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel on Saturday held a conference with the Collector and Superintendent of Police at the New Circuit House in Raipur and emphasised on need to strengthen the law and order situation in the state.
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I-T dept conducts searches in Tamil Nadu, seizes unaccountable over Rs 12
Updated : 2 years, 3 months ago IST
New Delhi [India], December 21 (ANI): The Income Tax Department carried out a search and seizure operation on a Neyveli based group, engaged in the business of chit funds, finance and real estate.
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Lok Sabha passes Bill to ease compliance burden of registered chit funds
Updated : 4 years, 4 months ago IST
New Delhi [India], Nov 20 (ANI): The Lok Sabha on Wednesday passed a bill that seeks to reduce the compliance burden of the registered chit funds and inserts 'fraternity fund' and 'rotating savings and credit institution' among the names, which may be used to refer to chit fund.
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Lok Sabha passes bill to amend Chit Funds Act
Updated : 4 years, 4 months ago IST
New Delhi [India], Nov 20 (ANI): The Lok Sabha on Wednesday passed a bill that seeks to reduce the compliance burden of the registered chit funds and inserts 'fraternity fund' and 'rotating savings and credit institution' among the names which may be used to refer to chit fund.
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Do not turn Lok Sabha into West Bengal Assembly: Speaker to BJP, TMC MPs
Updated : 4 years, 5 months ago IST
New Delhi [India], Nov 18 (ANI): The Lok Sabha on Monday saw an altercation between BJP and Trinamool Congress members during the discussion on a bill to amend Chit Funds Act, with Speaker Om Birla asking the members not to turn the House into the West Bengal Assembly.
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Lok Sabha takes up Chit Funds Amendment Bill
Updated : 4 years, 5 months ago IST
New Delhi [India], Nov 18 (ANI): The Lok Sabha on Monday took up discussion on a bill that seeks to reduce the regulatory or compliance burden of the registered chit funds industry as well as protecting the interest of the chit subscribers.
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Cabinet approves introduction of Chit Funds (Amendment) Bill, 2019 in Parl
Updated : 4 years, 8 months ago IST
New Delhi [India], July 31 (ANI): The Union Cabinet on Wednesday approved the introduction of Chit Funds (Amendment) Bill, 2019 in Parliament, in order to fulfil the objectives of reducing the regulatory or compliance burden of the registered Chit Funds Industry as well as protecting the int
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Cabinet gives nod to introduction of Chit Funds (Amendment) Bill
Updated : 6 years, 1 month ago IST
Delhi [India] (ANI), Feb. 20 (ANI): The Union Cabinet on Tuesday gave its nod to introduce the Chit Funds (Amendment) Bill in the parliament.
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TMC demands CBI probe in fraud chit funds
Updated : 6 years, 7 months ago IST
Agartala [India], Feb.23, (ANI): Thousands of Trinamool Congress(TMC) supporters took part in a rally here against the ruling Left Front (LF) essentially over a demand of investigation for a CBI investigation of the Rose valley chit fund issue.
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Tripura TMC declares continuous agitation against Left Front
Updated : 6 years, 7 months ago IST
Agartala (Tripura),[India] Dec. 28 (ANI): The Tripura Trinamool Congress (TMC) has declared agitation against the ruling Left Front on various issues including investigation against chit funds, duped depositors, involvement of elected members including minister of the state in crime against
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