Searched for
DEPOSITORS RESTITUTION
ED restitutes Rs 15,000-crore worth assets in PACL 'fraud' caseThe Enforcement Directorate has returned assets valued at over Rs 15,000 crore to a special committee. This action aims to help investors r...- ED restitutes Rs 380-cr worth assets in cooperative bank 'fraud' involving ex MLAEnforcement Directorate restored assets worth Rs 380 crore to Maharashtra. This is for distribution to depositors of Karnala Nagari Sahakar...
- ED restores Rs 1,000 cr worth assets to Andhra govt to help Ponzi victimsThe Enforcement Directorate has restored assets worth Rs 7,000 crore to the Andhra Pradesh government, recovering funds duped from investor...
- ED secures court order to restore over Rs 3,300 crore assets to ponzi victimsThe Enforcement Directorate has completed the restitution of assets worth Rs 3,339 crore to victims of the Agri Gold ponzi scheme. The asse...
- ED starts sale of Rs 6,000 crore ponzi scam assetsThe Enforcement Directorate (ED) has started selling attached properties worth over Rs 6,000 crore in the Agri Gold ponzi scam, which affec...
- ED reclaims Rs 13 crore property in Chennai from land grabbing syndicateThe Enforcement Directorate (ED) has recovered a Rs 13 crore plot in Chennai that was illegally seized by land grabbers. This marks the fir...
- When ED does what it should do bestIn a significant development, the Enforcement Directorate (ED) has initiated the disbursement of nearly ₹12 crore to victims of the Rose Va...
- Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness FundED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic offenders, amounting to Rs 34,118.53 crore have b...
- Parliament passes bill to curb ponzi schemes; protect poor investorsThe Rajya Sabha passed with voice vote the bill which would save gullible investors from ponzi schemes.
- Bill introduced in Lok Sabha to check ponzi schemesThe Banning of Unregulated Deposit Schemes Bill, 2019 will replace the Ordinance on the same.
- Unregulated Deposit Ordinance bans only Ponzi schemes not regulated depositsTo curb menace of Ponzi schemes, President Ram Nath Kovind last week promulgated the Banning of Unregulated Deposit Scheme Ordinance 2019.
- Unregulated deposit ordinance to lead to creation of central repository of registered firms: Rajiv KumarThe repository will help put a check on illicit deposit-taking activities that dupe the poor and the financially illiterate of their hard-e...
- President promulgates Unregulated Deposit Scheme OrdinanceThe Ordinance will help put a check on illicit deposit taking activities like Saradha scam and Rose Valley chit fund scam.
- Depositors hit by NSEL scam rewarded with 0.74% restitution after four yearsNSEL seemingly wants “retail” investors who are owed up to Rs 10 lakh to be paid on priority.
- Scams tarnishing India's image abroad: LK AdvaniThe 'indecisiveness' of the ruling Congress party in taking steps against corruption has resulted in 'misrule and price rice', said LK Adva...
- Iceland agrees to reimburse Dutch clients of frozen online bankIceland has reached an agreement with the Netherlands to reimburse Dutch clients of the frozen online savings bank Icesave, according to a ...
Load More
