nPolice have been asked to expedite the process of attaching assets of chit-fund companies to recover depositors’ money.
According to official information since 2015, 163 cases have been registered against Ponzi companies under Chhattisgarh Protection of Depositors Interest Act 2005.
Additional Director General of Police Ashok Juneja called a meeting of nodal officers appointed for all 27 districts and asked them to quickly identify the properties of chit-fund companies and attach their properties as per the rules on priority basis.
The meeting was held in Police headquarters at Naya Raipur. “Those companies whose assets are still unknown, for such companies separate teams will be formed for identifying their assets and then those properties will also be attached,” the ADGP said.
The Chhattisgarh Protection of Depositors Interest Act 2005, permits attaching of properties through a special court. So far process of attaching properties of 65 companies is under process, he informed.