September 20, 2024

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Chit fund rip-off in Odisha: These 4 lakh depositors will get refund

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People who had deposited their cash in two completely different chit-fund firms specifically GLP Developers Limited and Golden Land Developers Limited will get refund.

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Cuttack: Good information for the individuals who had misplaced their cash by investing in several chit-fund firms. They will now get their a refund. More than 4 lakh individuals who had deposited their hard-earned cash in two completely different chit-fund firms shall be given their a refund.

According to experiences, over 4 lakh individuals who had deposited their cash in two completely different chit-fund firms specifically GLP Developers Limited and Golden Land Developers Limited will get refund.

The Orissa High Court has directed the Cuttack ADM to return the cash to the duped depositors. The courtroom has requested the individuals who had invested Rs 8000 or beneath it should be given their a refund inside two months.

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It is to be famous right here that GLP Developers Limited and Golden Land Developers Limited have deposited Rs 100 crore with Cuttack ADM for refund. All depositors shall be refunded as per their grades.

According to experiences, out of the 6 lakh duped depositors, greater than 4 lakh depositors have been recognized and every recognized depositor will get his/her a refund, stated sources.