Sen, the group's chairman, along with Mukherjee and Arvind Singh Chouhan, who looked after the company's interests in Jharkhand, were produced before Additional Chief Judicial Magistrate A H M Rahman court in Bidhannagar.
The three were charged under IPC sections 406 (criminal breach of trust), 420 (cheating) and 506 (criminal intimidation).
The court said that Sen could have a lawyer during interrogation if he desired and also asked the Bidhannagar police commisionerate to provide details of pending cases in their jurisdiction against the trio within a week.
"We have come to know that Debjani had played a role in the decision-making process of Saradha," he said.
Asked why the other Saradha directors were not arrested, Ghosh said all directors were not part of the decision-making process and cited the example of Hemant Pradhan who was actually a cook and had no idea that he had been made a director.
Outside the court, placard-waving Youth Congress and BJP workers held demonstrations demanding that Sen be punished for duping thousands of investors and action against TMC MPs whose names figured in the scam.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
