i) Draft Model Rules on the Multi Level Marketing Companies and on the prohibited schemes under the Prize Chits
and Money Circulation Schemes (Banning) Act, 1978;
While retaining the requirement of a minimum of two subscribers for the conduct of the draw of the Chit
and for the preparation of the minutes of the proceedings, the Chit
Funds (Amendment) Bill, 2018 proposes to allow the two minimum required subscribers to join through video conferencing duly recorded by the foreman, as physical presence of the subscribers towards the final stages of a Chit
may not be fort hcoming easily.
TRAI gave its clean chit
to Reliance Jio's offers last week stating that Happy New Year Offer is not an extension to Free Welcome Offer and they are indeed different from each other.
I want you to hold pens not guns, books not chits
for extortion, I want you to excel in healthy fields," he addressed workers of MQM.
I NDIA landed with more egg on its face as the World Anti- Doping Agency ( WADA) has contested the clean chit
given to wrestler Narsingh Yadav and taken up the matter with the Court of Arbitration for Sport ( CAS).
MUSCAT: Around 25 expatriates in Muscat claim they have lost at least OMR15,000 from a chit
fund (personal savings scheme) as the man running the fund has gone missing.
The Reserve Bank of India (RBI) has permitted non-resident Indians to invest in regulated chit
Global Banking News-June 12, 2015--Reserve Bank of India allows non-resident Indians to invest in chit
Kolkata: With several Trinamool Congress (TMC) leaders accused and arrested by the Central Bureau of Investigation (CBI) in the Saradha Chit
Fund scam in 2014, West Bengal chief minister Mamata Banerjee started the new year by strengthening her grip on the party she had established 15-years ago.
is a bastion of Hezbollah, which is helping the Syrian regime battle insurgents.
Trinamool Congress chief Mamata Banerjee suspended Rajya Sabha MP Kunal Ghosh on Saturday, just a week after he openly criticised the party of making him a scapegoat in the Saradha Group chit
funds, a savings avenue that is as popular with housewives as it is with businessmen, have earned a bad name.