President allows Ladakh LG to use BUDS Act to ban ponzi schemes, unregulated deposits

Jun 02, 2022

New Delhi [India], June 2 : President Ram Nath Kovind on Thursday directed the Ladakh Lieutenant Governor RK Mathur to exercise the powers and...

Assam Police form 14 SITs to tackle unregulated deposit schemes; 59 arrests made in statewide crackdown

Sep 08, 2024

The Assam Police have formed 14 Special Investigation Teams (SITs) to thoroughly investigate cases related to the Unregulated Deposit Schemes Act.

Delhi Government to constitute designated courts for unregulated deposit scheme cases

Jan 30, 2024

The Delhi Government led by Chief Minister Arvind Kejriwal has approved the proposal to constitute two designated courts of the additional sessions judge in...

Delhi court acquits woman accused of criminal breach of trust in 22-year-old case

Oct 25, 2022

A case of criminal breach of trust read with Section 4 Prize Chits and Money Circulation Schemes (Banning) Act was registered against her at...

Unique Features of Shriram Finance's Fixed Deposit Schemes

Jun 18, 2024

Mumbai (Maharashtra) [India], June 18: Shriram Finance, a leading financial services company in India, offers a diverse range of fixed deposit (FD) schemes catering...

Assam: CBI files 5 charge sheets against 18 accused on 'unregulated deposit scam' cases

Dec 16, 2024

Continuing with the impetus given to the investigation of various Assam Ponzi Scam cases, the Central Bureau of Investigation had filed five more chargesheets...