India's federal structure has to do with your investments? What investment returns and the simple economics might also died in the maze of political trouble. In light of last week's headlines chit fund scam to search for answers to these questions has become need of the hour. Across the country, 342 crore raised from investors and 87 companies disappeared overnight.
Such as multi-level marketing companies, Poonji scheme and other schemes involving fraud case is being tried.
Have you ever thought of chit funds, multi-level marketing, banks, NBFCs, cooperative, companies listed on the stock market, and mutual funds are all in some form of public funding that gathered. You promised to return all your money to some extend. The increased amount of returns we are known.
Bengal Earth welter of special schemes like these are lying. Sharda Bengal, Orissa, Bihar, Jharkhand, etc. In the absence of formal banking facility chit fund companies began to raise his head. Head up to become the face of Sursa took less than 10 years. Of the 60 chit fund companies raised Rs 15,000 crore from the public.
The Ministry of Corporate Affairs chit fund companies such west Bengal, Rose Valley, MPS, Prayag, complaints against Vibgyor. But until then, these firms Ritl estate, media and education work had begun.
Sanchyaita plan in 1980 to 10 million in investor losses of Rs 120 crore learned nothing from Bengal. Chalc to make more money in less time once again at the expense of millions of people made a few people rich. Poor effort by the regulatory regime has been completed. Ordinary investors can not do anything other than to speak out and to question.
Who is responsible!
It is unfortunate that the issue of economic security of poor investor has to hold political color. However, the ministry said in his explanation chit fund under Section 61 of the Act and Regulation appointment of the Registrar of Chit Fund is under the jurisdiction of the State Government. In this case, the State Government has the final decision and the appellate system.
Such as multi-level marketing companies, Poonji scheme and other schemes involving fraud case is being tried.
Have you ever thought of chit funds, multi-level marketing, banks, NBFCs, cooperative, companies listed on the stock market, and mutual funds are all in some form of public funding that gathered. You promised to return all your money to some extend. The increased amount of returns we are known.
Bengal Earth welter of special schemes like these are lying. Sharda Bengal, Orissa, Bihar, Jharkhand, etc. In the absence of formal banking facility chit fund companies began to raise his head. Head up to become the face of Sursa took less than 10 years. Of the 60 chit fund companies raised Rs 15,000 crore from the public.
The Ministry of Corporate Affairs chit fund companies such west Bengal, Rose Valley, MPS, Prayag, complaints against Vibgyor. But until then, these firms Ritl estate, media and education work had begun.
Sanchyaita plan in 1980 to 10 million in investor losses of Rs 120 crore learned nothing from Bengal. Chalc to make more money in less time once again at the expense of millions of people made a few people rich. Poor effort by the regulatory regime has been completed. Ordinary investors can not do anything other than to speak out and to question.
Who is responsible!
It is unfortunate that the issue of economic security of poor investor has to hold political color. However, the ministry said in his explanation chit fund under Section 61 of the Act and Regulation appointment of the Registrar of Chit Fund is under the jurisdiction of the State Government. In this case, the State Government has the final decision and the appellate system.
