Bemetara District Magistrate and Collector Mahadev Kaware issued a memorandum to the respective District Magistrates of Raipur, Janjgir-Champa, Dhamtari and Durg for seizure and attaching of the movable and immovable assets of chit-fund companies.
The order was issued based on a report submitted by Bemetara Superintendent of Police under Prize Chit and Money Circulation (Banning) Act 1978, Investor Education and Protection Fund (2005) provisions. In Bemetara police station offence has been registered against Nirmal Infrahome Corporation Limited (N.I.C.L.), B.N.Gold, Yash Group of Companies. A similar complaint was registered in Navagarh police station against G.N. Gold Company. These companies have properties in these districts.
The order further states the NICL company officer Vivek Mathur son of V.S. Mathur of Arera Colony, Bhopal has a office of 1960 square feet and a plot worth Rs 33,13,000 at Sheetala Chowk Dangania . Accused from B N Gold Company Anand Nirmalkar and Rajesh Kumar Sahu, both from Janjgir, have one four wheeler vehicle each. G N Gold Company director S. B. Goswami has a plot purchased in 2012, the cost of which is Rs 996400. Yash group of Companies in Durg has a movable property worth Rs 7,42,466 and immovable property worth Rs 14,46,84,000.
The order urges respective district collectors to seize and attach the properties.