Tripura govt launches scheme to refund money to victims of chit fund scam
The scheme was notified in the state government gazette and presented before the High Court of Tripura during the hearing of a public interest litigation on Tuesday.
Responding to earlier directives from the High Court, the state government formulated the scheme to restore and distribute the recovered money to affected depositors.
According to an affidavit submitted by the government, over ₹10.78 crore has been collected so far through auctions of properties seized from the accused chit fund companies.
During the court proceedings, the amicus curiae, Purusottam Roy Burman urged the government to publish details of the scheme in local newspapers, including editions in Bengali and Kokborok, the language of the indigenous communities in the state.
Acknowledging the importance of public awareness, Advocate General Shaktimoy Chakraborty confirmed that the government is prepared to publicise the scheme through newspapers.
Taking note of the request, the division bench comprising Chief Justice M S Ramachandra Rao and Justice M B Purakayastha ordered the state government to publish all essential information related to the scheme in four prominent local newspapers, including a leading vernacular daily.
Providing further clarity on the process, another amicus curiae, advocate Samarjit Bhattacharya, informed the court that the affected individuals will need to submit their applications to their respective sub-divisional magistrates , along with essential documents such as Aadhaar cards, bank passbooks, and other relevant proof of investment.
In the event of a depositor's death, legal heirs can claim the refund by submitting the death certificate, Aadhaar and PAN cards, along with the relevant banking details and supporting documents.
The next hearing will be on August 8.
Meanwhile, several victims have appealed to the state to identify and auction the remaining properties of defaulting chit fund companies toensure full repayment to all affected consumers.
This initiative marks a crucial development in Tripura's ongoing efforts to combat financial fraud and secure justice for thousands of duped depositors, Roy Burman said.
This article was generated from an automated news agency feed without modifications to text.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
2 hours ago
- Indian Express
Lower judiciary treated like ‘shudras', ‘les misérables', High Court judges like ‘savarnas': Madhya Pradesh HC quashes termination of district judge
In a scathing comment on judicial power structures, a Division Bench of the Madhya Pradesh High Court has likened the relationship between the High Court and the District Judiciary to a caste system, observing that judges in the lower judiciary are treated like 'shudras' and 'les misérables', while High Court judges function with the entitlement of 'savarnas'. The French term, 'les misérables', translates to 'the miserable ones' in English and is commonly used to refer to the poor and marginalised, as in Victor Hugo's French novel of the same name. A Division Bench of Justices Atul Sreedharan and Dinesh Kumar Paliwal made the observations on July 14 while quashing the termination of former Additional District and Sessions Judge Jagat Mohan Chaturvedi. He was dismissed in 2014 after passing divergent bail orders in cases linked to the Vyapam scam. The court said the judicial officer had suffered 'gross injustice' and ordered the restoration of his pensionary benefits. It also imposed a cost of Rs 5 lakh on the state for the 'hardships he and his family were subjected to' and 'the humiliation in society that he had to face, only on account of passing judicial orders, without an iota of material coming on record to even establish corruption even on the anvil of preponderance of probability'. Speaking on the entrenched hierarchy in the judiciary, the Bench observed, 'The relationship between District Judiciary and the High Court in the state is not based on mutual respect for each other, but one where a sense of fear and inferiority is consciously instilled by one on the subconscious of the other. At a subliminal level, the penumbra of the caste system manifests in the judicial structure in this state where those in the High Court are the savarnas and the shudras are the les misérables of the District Judiciary.' Describing the dynamic between the High Court and the lower courts, the judges said, 'The dismal relationship between the Judges of the High Court and the Judges of the District Judiciary is one between a feudal lord and serf.' 'The body language of the Judges of the District Judiciary when they greet a Judge of the High Court stops short of grovelling before the High Court Judge, making the Judges of the District Judiciary the only identifiable species of invertebrate mammals,' they said. The Bench further added, 'Instances of the judges of the District Judiciary personally attending to Judges of the High Court (as desired by them) on railway platforms and waiting on them with refreshments, are commonplace, thus perpetuating a colonial decadence with a sense of entitlement.' Judges of the district judiciary deputed to work at the High Court registry 'are almost never offered a seat by the Judges of the High Court, and on a rare occasion when they are, they are hesitant to sit down before the High Court Judge,' the Bench said. The court also observed that the 'subjugation and enslavement of the psyche of the Judges of the District Judiciary is complete and irreversible, so it seems'. 'An overbearing High Court, ever willing to excoriate the District Judiciary for the most innocuous of its errors, ensures that District Judiciary is kept under perpetual and morbid fear of punishment,' it said. 'The fear of the District Judiciary is understandable. They have families, children who go to school, parents undergoing treatment, a home to be built, savings to be accumulated and when the High Court terminates his service abruptly…he and his entire family are out on the streets with no pension and the stigma of facing a society that suspects his integrity,' the court said. The court observed that a 'District Judiciary which is compelled to work perpetually under this fear cannot dispense justice and instead shall dispense with justice'. It added, 'All this adds up to the passive subjugation of the District Judiciary, leaving it psychologically emaciated, which ultimately reflects in their judicial work where bails are not granted in even the most deserving cases, convictions are recorded in the absence of evidence… All this in the name of saving their job, for which the Petitioner in this case suffered, for thinking and doing differently.'
Time of India
2 hours ago
- Time of India
Centre waging language war against people of Bengal: CM Mamata Banerjee
KOLKATA: CM Mamata Banerjee on Thursday accused the BJP-led Centre of unleashing 'a language war and linguistic terrorism' on Bengal and its people. Banerjee used the 45th death anniversary of Bengal's biggest matinee idol, Uttam Kumar , to repeat her call for a 'Bhasha Andolan' and rip apart BJP-governed states where hundreds of Bengali migrant labourers were being detained or pushed into Bangladesh on suspicion of being Bangladeshis. 'A kind of linguistic terrorism has been declared against the Bengali language, the fifth most spoken in the world. Around 30 crore people speak Bengali but Bengali speakers are being sent to jail. I cannot accept this and I believe you cannot either,' she said. 'There should be zero tolerance for people being detained just for speaking Bengali. This issue is not mine alone, it is everyone's. Bengal is everything for us. We must protect this land,' she added. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata Banerjee later posted on X about the latest reports of Bengalis being hounded in Haryana's Gurugram . 'Have been receiving reports of detentions of and atrocities on Bengali-speaking people. West Bengal Police is receiving these reports from Haryana Police in the name of requests for identity searches,' she said, adding there were 'increasing reports from other states like Rajasthan of illegal pushbacks' of Indian citizens having 'all proper documents to Bangladesh dir-ectly!!' 'Hapless, poor Bengali workers' were being tortured, she posted, adding she was 'shocked to see these terrible atrocities in double-engine' states. 'What do you want to prove?' she asked BJP . Banerjee, speaking at the Mahanayak Samman award ceremony earlier on Thursday, exhorted the audience to watch 'all kinds of films... but not neglect Bengali cinema' and highlighted the melodious quality of Bengali songs from the golden era. 'There is a sweetness, a richness of language and melody, in Bengali music that will never fade,' she said, commenting on the recent trend of not using Bengali songs in Bengali television serials. 'Where is Bengali in our songs? It is all just loud and flashy music. We already have Bollywood for that. South Indian films, too, are popular. But Tollywood should have more Bengali songs, not just music. I am not asking anyone to disrespect other languages. But that does not mean we lose our own (culture). We are proud of all languages but we cannot achieve anything by forgetting Bengali. Let all languages grow in harmony and unity,' she said, adding that the next edition of the Kolkata International Film Festival would give greater importance to Bengali films. Banerjee recalled watching movies with her mother in the single-screen theatres of Bhowanipore and mentioned that her only regret was not having met Uttam Kumar. 'It has been 45 years but we can never forget him. I believe he is the nation's pride, a symbol of our culture and character. I met Suchitra Sen before her passing. I also knew Supriya-di for a long time. I know Sharmila-di and Tanuja-di too,' she said after conferring the Mahanayak Samman awards to make-up artist Somnath Kundu, production designer Ananda Addhya, actor Gargee Roy Chowdhury and singers Iman Chakraborty and Rupankar Bagchi. Veteran director Goutam Ghose, who turned 75 on Thursday, received the Mahanayak Shreshtha Samman. 'We started this recognition in 2012. Twenty-five people received the Mahanayak Award till 2024. We have honoured 41 personalities from the film industry as Barsha Shera, 147 people have been given the Bishesh Chalachitra Award and 22 have received the Lifetime Achievement Award in cinema,' Banerjee said, lauding actor Prosenjit Chatterjee for creating a new exhibition model where viewing rooms would be arranged for 40–50 people across 100 locations in Bengal. Banerjee then stressed the importance of artistes' and technicians' health. 'We have a health insurance scheme of Rs 5 lakh for 4,800 artistes; around 20,000 people benefit from this scheme if we include their families. The state's Film Workers' Welfare Fund helps needy artistes and technicians,' she said, adding that she would inaugurate the Sangeet Academy soon.
Hans India
2 hours ago
- Hans India
Mumbai Train Blasts Case: SC stays Bombay HC order
New Delhi: The Supreme Court on Thursday stayed the Bombay High Court's order acquitting all the accused who were convicted of planning and executing the July 11, 2006, serial bomb blasts on Mumbai's suburban rail network. The top court passed the interim stay order after Solicitor General Tushar Mehta informed the bench that the verdict could impact trials in other cases under the Maharashtra Control of Organised Crime Act (MCOCA). The court also clarified that the High Court's verdict would not be treated as a precedent in deciding other cases. This comes days after the High Court bench of justices Anil Kilor and SC Chandak on refused to confirm the death sentences awarded to five men in the case and acquitted all 12 accused. The High Court, in its 671-page judgment, said the prosecution had failed to establish the type of explosives used, and found the confessional statements inadmissible due to allegations of torture. The court also raised doubts over witness credibility and procedural lapses in the identification process. The acquitted individuals had been held under the stringent MCOCA law and had spent nearly two decades in jail. The HC ruling has sparked widespread reactions, with political and legal circles divided over the implications for the justice system and the conduct of the investigation.
