Tag: Chit Fund Money Refund

Chit Fund
Supreme Court On Chit Fund Money Refund

The Supreme Court on Tuesday asked the Odisha govt and the CBI to submit a report on the steps taken to refund the chit fund money to the beneficiaries.

Video Icon
  • Tuesday, 11 October 2022
fund
Chit fund depositors threaten stir after probe panel extends deadline

Bhubaneswar: With the Justice MM Das Commission of Inquiry probing the multi-crore chit fund scam in Odisha extending the deadline for receipt of affidavits from depositors duped by chit fund companies to January 31, duped depositors have now threatened to launch a stir if their money is not returned by February. The Commission’s deadline was […]

  • Friday, 18 June 2021
Chit-Fund-Scam
Need 2-3 years to identify all small investors: Chit fund inquiry panel

Bhubaneswar: The Justice MM Das Commission of Inquiry, which is probing the multi-crore chit fund scam in Odisha, today informed that it will take around 2-3 years to identify all the affected small investors. After submitting its sixth interim report to the state government, Justice MM Das, while addressing a press meet, informed that 50% […]

  • Tuesday, 04 May 2021
chit-fund
Helpless, Chit Fund Duped Investors Stage Indefinite 'Satyagraha'

Bhubaneswar: Thousands of depositors duped in the multi-crore chit fund scam in Odisha today sat on an indefinite dharna at the Lower PMG alleging sheer apathy of the State government towards their plight. The duped investors also alleged that the government had earlier promised to refund money within a specific period of time; however, identification […]

  • Tuesday, 04 May 2021
chit-fund
Helpless, Chit Fund Duped Investors Stage Indefinite 'Satyagraha'

Bhubaneswar: Thousands of depositors duped in the multi-crore chit fund scam in Odisha today sat on an indefinite dharna at the Lower PMG alleging sheer apathy of the State government towards their plight. The duped investors also alleged that the government had earlier promised to refund money within a specific period of time; however, identification […]

  • Tuesday, 04 May 2021
Odisha Govt Initiates Process For Refund Of Money To Small Chit Fund Depositors In Balasore
Odisha Govt Initiates Process For Refund Of Money To Small Chit Fund Depositors In Balasore

Balasore: The State government has initiated process to refund the small depositors duped in the high-profile chit fund scam in Odisha. The government has decided to return the money to the small depositors in Balasore district by the end of February. The depositors have been asked to submit their indemnity bond or details of bank […]

  • Monday, 05 April 2021
scrollToTop