Tag: Small Investors

HIgh Court Chitfund
HC directs Seashore, Rose Valley to refund money of depositors in 2 months

Cuttack: In a move likely to bring relief to the small investors duped by chit fund companies, the Orissa High Court today directed two major chit fund firms Seashore and Rose Valley Group to identify the investors and refund their money. The High Court has given two months time to the firms to complete all […]

  • Friday, 23 July 2021
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Process for identification of small investors to begin by Mar 15

Bhubaneswar: With the approval of the State Cabinet in the amendment of some provisions of the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011, the Odisha government has decided to start the process of identifying the small investors, allegedly duped by different ponzi firms, in the next two weeks. Informing the media […]

  • Monday, 19 July 2021
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