Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Saradha effect: investors seek return of deposits from companies    </title>
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-The Hindu



Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.


Demanding that their money be..."/>
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-The Hindu



Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.


Demanding that their money be..." />
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                            <div align="justify">-The Hindu</div><p align="justify"><br /><em>Kolkata: </em>The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.</p><p align="justify">Demanding that their money be returned, a group of investors protested outside one of the companies at Lake Town near the city on Saturday. At Salt Lake nearby, another company faced the ire of anguished investors who sought premature withdrawal. Both these companies feature in the list of such outfits against whom complaints have been received by the Ministry of Corporate Affairs (MCA).</p><p align="justify">Investors seized the office of another obscure company which had also raised deposits at Durgapur in the State's Bardhaman district, demanding their money be returned. The police had to intervene to bring the situation under control and the agitating depositors registered a complaint against the company.</p><p align="justify">Since Thursday, at least five other offices of deposit-seeking firms were sealed here following complaints of cheating and criminal intimidation against them.</p><p align="justify">According to the MCA, of the 87 companies running Ponzi or multi-level-marketing firms against whom complaints has been received, 73 were in West Bengal.</p><p align="justify">Worried about the fate of their schemes, the companies have launched a media campaign trying to assure investors of their &lsquo;good intentions and their track record'.  Referring to these advertisements, senior Communist Party of India (Marxist) leader Gautam Deb said the police should act against these companies on the basis of the declarations being made in ads.</p><p align="justify"> &quot;Will these companies be probed only after they go bust and turn defaulters,&quot; Mr. Deb, also a central committee member of the CPI(M) said.</p><p align="justify">The CPI(M) expelled Ganesh De, the confidential assistant of former State Finance Minister Asim Dasgupta, also a party member. The police had questioned him earlier this week for his alleged links with the Saradha Group.</p><p align="justify">Party sources said Mr. De has been expelled for his personal links with the fraudulent company, of which the party had no knowledge.</p><p align="justify"><em>Rally by Congress</em></p><p align="justify"><em>  </em>The State leadership of the Congress brought out a rally here on Saturday demanding that an inquiry by the CBI be carried out to probe the Saradha scam. Accusing the State government of shielding the Trinamool Congress leaders who have close links with the scam-tainted company, State Congress president Pradip Bhattacharya said the State government will continue to do so as long as it is investigating the matter.</p>                                                           
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Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.


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    <h1 class="cat-box-title">Saradha effect: investors seek return of deposits from companies</h1>
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                            <div align="justify">-The Hindu</div><p align="justify"><br /><em>Kolkata: </em>The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.</p><p align="justify">Demanding that their money be returned, a group of investors protested outside one of the companies at Lake Town near the city on Saturday. At Salt Lake nearby, another company faced the ire of anguished investors who sought premature withdrawal. Both these companies feature in the list of such outfits against whom complaints have been received by the Ministry of Corporate Affairs (MCA).</p><p align="justify">Investors seized the office of another obscure company which had also raised deposits at Durgapur in the State's Bardhaman district, demanding their money be returned. The police had to intervene to bring the situation under control and the agitating depositors registered a complaint against the company.</p><p align="justify">Since Thursday, at least five other offices of deposit-seeking firms were sealed here following complaints of cheating and criminal intimidation against them.</p><p align="justify">According to the MCA, of the 87 companies running Ponzi or multi-level-marketing firms against whom complaints has been received, 73 were in West Bengal.</p><p align="justify">Worried about the fate of their schemes, the companies have launched a media campaign trying to assure investors of their &lsquo;good intentions and their track record'.  Referring to these advertisements, senior Communist Party of India (Marxist) leader Gautam Deb said the police should act against these companies on the basis of the declarations being made in ads.</p><p align="justify"> &quot;Will these companies be probed only after they go bust and turn defaulters,&quot; Mr. Deb, also a central committee member of the CPI(M) said.</p><p align="justify">The CPI(M) expelled Ganesh De, the confidential assistant of former State Finance Minister Asim Dasgupta, also a party member. The police had questioned him earlier this week for his alleged links with the Saradha Group.</p><p align="justify">Party sources said Mr. De has been expelled for his personal links with the fraudulent company, of which the party had no knowledge.</p><p align="justify"><em>Rally by Congress</em></p><p align="justify"><em>  </em>The State leadership of the Congress brought out a rally here on Saturday demanding that an inquiry by the CBI be carried out to probe the Saradha scam. Accusing the State government of shielding the Trinamool Congress leaders who have close links with the scam-tainted company, State Congress president Pradip Bhattacharya said the State government will continue to do so as long as it is investigating the matter.</p>                                                           
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        LATEST NEWS UPDATES | Saradha effect: investors seek return of deposits from companies    </title>
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-The Hindu



Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.


Demanding that their money be..."/>
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Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.


Demanding that their money be..." />
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    <h1 class="cat-box-title">Saradha effect: investors seek return of deposits from companies</h1>
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                            <div align="justify">-The Hindu</div><p align="justify"><br /><em>Kolkata: </em>The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors.</p><p align="justify">Demanding that their money be returned, a group of investors protested outside one of the companies at Lake Town near the city on Saturday. At Salt Lake nearby, another company faced the ire of anguished investors who sought premature withdrawal. Both these companies feature in the list of such outfits against whom complaints have been received by the Ministry of Corporate Affairs (MCA).</p><p align="justify">Investors seized the office of another obscure company which had also raised deposits at Durgapur in the State's Bardhaman district, demanding their money be returned. The police had to intervene to bring the situation under control and the agitating depositors registered a complaint against the company.</p><p align="justify">Since Thursday, at least five other offices of deposit-seeking firms were sealed here following complaints of cheating and criminal intimidation against them.</p><p align="justify">According to the MCA, of the 87 companies running Ponzi or multi-level-marketing firms against whom complaints has been received, 73 were in West Bengal.</p><p align="justify">Worried about the fate of their schemes, the companies have launched a media campaign trying to assure investors of their &lsquo;good intentions and their track record'.  Referring to these advertisements, senior Communist Party of India (Marxist) leader Gautam Deb said the police should act against these companies on the basis of the declarations being made in ads.</p><p align="justify"> &quot;Will these companies be probed only after they go bust and turn defaulters,&quot; Mr. Deb, also a central committee member of the CPI(M) said.</p><p align="justify">The CPI(M) expelled Ganesh De, the confidential assistant of former State Finance Minister Asim Dasgupta, also a party member. The police had questioned him earlier this week for his alleged links with the Saradha Group.</p><p align="justify">Party sources said Mr. De has been expelled for his personal links with the fraudulent company, of which the party had no knowledge.</p><p align="justify"><em>Rally by Congress</em></p><p align="justify"><em>  </em>The State leadership of the Congress brought out a rally here on Saturday demanding that an inquiry by the CBI be carried out to probe the Saradha scam. Accusing the State government of shielding the Trinamool Congress leaders who have close links with the scam-tainted company, State Congress president Pradip Bhattacharya said the State government will continue to do so as long as it is investigating the matter.</p>                                                           
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Home हिन्दी

Saradha effect: investors seek return of deposits from companies

Published on May 5, 2013   Modified on May 5, 2013

-The Hindu Kolkata: The agitation against fraudulent deposit-taking companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors. Demanding that their money be returned, a group of investors protested outside one of the companies at Lake Town near the city on Saturday. At Salt Lake nearby, another company faced the ire of anguished investors who sought premature withdrawal. Both these companies feature in the list of such outfits against whom complaints have been received by the Ministry of Corporate Affairs (MCA). Investors seized the office of another obscure company which had also raised deposits at Durgapur in the State's Bardhaman district, demanding their money be returned. The police had to intervene to bring the situation under control and the agitating depositors registered a complaint against the company. Since Thursday, at least five other offices of deposit-seeking firms were sealed here following complaints of cheating and criminal intimidation against them. According to the MCA, of the 87 companies running Ponzi or multi-level-marketing firms against whom complaints has been received, 73 were in West Bengal. Worried about the fate of their schemes, the companies have launched a media campaign trying to assure investors of their ‘good intentions and their track record'. Referring to these advertisements, senior Communist Party of India (Marxist) leader Gautam Deb said the police should act against these companies on the basis of the declarations being made in ads. "Will these companies be probed only after they go bust and turn defaulters," Mr. Deb, also a central committee member of the CPI(M) said. The CPI(M) expelled Ganesh De, the confidential assistant of former State Finance Minister Asim Dasgupta, also a party member. The police had questioned him earlier this week for his alleged links with the Saradha Group. Party sources said Mr. De has been expelled for his personal links with the fraudulent company, of which the party had no knowledge. Rally by Congress The State leadership of the Congress brought out a rally here on Saturday demanding that an inquiry by the CBI be carried out to probe the Saradha scam. Accusing the State government of shielding the Trinamool Congress leaders who have close links with the scam-tainted company, State Congress president Pradip Bhattacharya said the State government will continue to do so as long as it is investigating the matter.

The Hindu, 5 May, 2013, http://www.thehindu.com/todays-paper/tp-national/saradha-effect-investors-seek-return-of-deposits-from-companies/article4685116.ece

Tagged with: Saradha Group Chit fund Fraud crime Corporate Governance

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