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Tag: Confiscate

Spl court orders auction of Sedil Development India’s property

Cuttack: The special chit-fund court in Cuttack today ordered the State government to auction Sedil Development India’s property after confiscation and distribute the sale proceeds among depositors equitably. While hearing a petition moved by the Additional District Magistrate (ADM), the special court asked the government to confiscate 2.56 acres land of Sedil Development India in […]

Confiscation of properties of corrupt officials to be given priority: Vigilance Special DG

Cuttack: In a significant decision to come down hard on corrupt officials, the Vigilance department on Thursday clearly apprised that its prime focus will be to confiscate all properties that are unaccounted or controversial in nature. At a press meet here, Director of Vigilance, Dr RP Sharma informed that the Vigilance department has been directed […]

Police intensifies process to confiscate properties of absconding servitors

Puri: In the wake of the Niladribije fiasco, police has intensified the process for confiscation of properties of five absconding servitors of Sri Jagannath temple. Jagannath Pradhan, Additional SP of Puri, said, “We had sent letters to Puri sub collector, tehsildar, banks, municipality, PKDA and RTO to submit the details of the property owned by […]

Pradeep Amat, Finance Minister
Assets of 23 chit fund cos confiscated: FinMin

Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime Branch, Commissionerate Police and Mayurbhanj police have confiscated movable and immovable assets of 23 Ponzi firms in the state, Finance minister Pradip Amat revealed yesterday. Replying to a written question by senior BJD legislator Prafulla Samal in the Assembly, the Finance minister said the state government […]