Sunday, July 13, 2025

Ponzi scam: WB govt asks Centre to expedite Prez assent to bill

Last Updated: Monday, May 6, 2013, 16:06

Amit Mitra on Monday met PM and asked him to expedite Presidential assent to a new bill to protect the interests of depositors.

Eight cases pending with CLB benches on default by NBFCs

Last Updated: Thursday, December 6, 2012, 16:01

The Ministry of Corporate Affairs today said eight cases related to default in repayment of deposits by Non-Banking Financial Companies were pending with regional benches of the Company Law Board.

Govt panel for ban on defaulter MLM firms, blocking websites

Last Updated: Sunday, November 18, 2012, 14:19

To check the menace of companies collecting money from the public through ponzi schemes, a government panel has suggested wide-ranging changes in the rules governing such businesses, including a ban on defaulter firms and blocking their websites being operated from abroad.