Begin typing your search above and press return to search.

CBI to probe chit fund cases in State

By Law Reporter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • koo
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • koo
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • koo

GUWAHATI, Jan 8 � A Division Bench of the�Gauhati High Court, comprising Chief Justice (Acting) K Sreedhar Rao and Justice PK Saikia, today directed the authorities concerned to hand over all the FIRs pending and under investigation with different police stations and the Criminal Investigation Department (CID) of Assam Police on the chit funds operating in the State, to the CBI for investigation.

The court directive came after hearing of a batch of PIL petitions and writ petitions filed by different investors and agents�of chit fund companies operating in Assam.

The PIL and writ petitions have sought justice in the matter of the illegalities committed by different chit fund companies in Assam and�their siphoning off crores of rupees of poor, gullible investors.�

There are over 200 FIRs filed with different police stations of the State and the CID.

Next Story
Similar Posts
CBI to probe chit fund cases in State

GUWAHATI, Jan 8 � A Division Bench of the�Gauhati High Court, comprising Chief Justice (Acting) K Sreedhar Rao and Justice PK Saikia, today directed the authorities concerned to hand over all the FIRs pending and under investigation with different police stations and the Criminal Investigation Department (CID) of Assam Police on the chit funds operating in the State, to the CBI for investigation.

The court directive came after hearing of a batch of PIL petitions and writ petitions filed by different investors and agents�of chit fund companies operating in Assam.

The PIL and writ petitions have sought justice in the matter of the illegalities committed by different chit fund companies in Assam and�their siphoning off crores of rupees of poor, gullible investors.�

There are over 200 FIRs filed with different police stations of the State and the CID.