Spl courts for disposal of claims of defrauding by NBFCs: Modi

Image
Press Trust of India Patna
Last Updated : Jan 20 2013 | 3:24 AM IST

Presiding over a high-level meeting with finance department officials, he said two special courts be set up in Patna to expedite trial of the cases related to defrauding of money of the small investors by the NBFCs.

Modi, who also holds finance portfolio, asked the officials to take strict action against NBFCs like the JVG, Peerless, Helius, Badrika Plantation and other such companies for "duping small investors of their hard-earned savings".

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Apr 27 2012 | 9:15 PM IST

Next Story