Andhra Chit fund scam: CID issues notice to Margadarsi chit fund chairman & others

Mar 28, 2023

Last November, Andhra Pradesh's Registration and Stamps Department said that there have been malpractices in the functioning of chit fund companies in the state...

Andhra Pradesh CID conducts searches at 7 branches of Margadarsi Chit Funds

Apr 20, 2023

"These search operations were undertaken as part of an investigation into the cases registered by AP-CID against seven branches of MCFPL under sections 420,...

Andhra Pradesh: Legislative Assembly passes nine bills

Sep 21, 2022

Amaravati (Andhra Pradesh) [India], September 21 : The Andhra Pradesh Legislative Assembly on Wednesday passed nine bills, including the Andhra Pradesh Labour Welfare Fund...

Andhra Pradesh Legislative Assembly passes 10 Bills

Mar 20, 2023

Andhra Pradesh Legislative Assembly on Monday passed 10 Bills, including the Andhra Pradesh Education (Amendment) Bill, 2023, the Andhra Pradesh Charitable and Hindu Religious...

CBI arrests one in chit fund scam case

Dec 11, 2021

New Delhi [India], December 11 : The Central Bureau of Investigation (CBI) on Friday arrested a man in connection with the chit fund scam...

Forensic auditing to be done at Margadarsi chit fund, errant companies will be show caused: Andhra official

Nov 28, 2022

The official said the department conducted inspections at 12 chit fund companies on October 21, five organisations were inspected on October 31 and 18...