Unregulated Deposit Schemes Bill
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Parliament Passes Bill To Curb Ponzi Schemes, Protect Poor Investors
Parliament today unanimously passed the Banning of Unregulated Deposit Schemes Bill, 2019, which seeks to put in place a mechanism by which poor depositors will get back their hard earned money.
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Lok Sabha Passes Bill To Curb Ponzi Schemes; Protect Poor Investors
In a bid to save gullible investors from ponzi schemes, Lok Sabha on Friday unanimously passed the Banning of Unregulated Deposit Schemes Bill, 2019 that seeks to put in place a mechanism by which poor depositors get back their hard earned money.
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Lok Sabha Passes Bill To Protect Gullible Investors From Ponzi Schemes
The Lok Sabha today passed a bill to protect gullible investors from ponzi schemes, with Finance Minister Piyush Goyal saying the government will ensure that no loophole is left while framing rules.
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Cabinet Approves Amendments To Banning Of Unregulated Deposit Schemes Bill
The Union Cabinet today approved proposals to amend the Banning of Unregulated Deposit Schemes Bill, 2018. This will further strengthen the bill in its objective to effectively tackle the menace of illicit deposit-taking activities, Law Minister Ravi Shankar Prasad said.
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Government Tightens Norms On Unregulated Deposit Schemes
The additions to a 2018 bill would remove considerable time lags involved in punishing the operators of such schemes, said Ravi Shankar Prasad.
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Central Government Proposes Bill To Check Ponzi Schemes
A bill proposing ban on unregulated deposits and up to 10-year jail term for perpetrators of ponzi schemes was introduced in the Lok Sabha today.
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Cabinet Okays Bill To Ban Ponzi Schemes, Change Chit Funds Act
"The Union Cabinet has given its approval to introduce the... Banning of Unregulated Deposit Schemes Bill, 2018, and the Chit Funds (Amendment) Bill, 2018," said the Finance Ministry.
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Parliament Passes Bill To Curb Ponzi Schemes, Protect Poor Investors
Parliament today unanimously passed the Banning of Unregulated Deposit Schemes Bill, 2019, which seeks to put in place a mechanism by which poor depositors will get back their hard earned money.
-
Lok Sabha Passes Bill To Curb Ponzi Schemes; Protect Poor Investors
In a bid to save gullible investors from ponzi schemes, Lok Sabha on Friday unanimously passed the Banning of Unregulated Deposit Schemes Bill, 2019 that seeks to put in place a mechanism by which poor depositors get back their hard earned money.
-
Lok Sabha Passes Bill To Protect Gullible Investors From Ponzi Schemes
The Lok Sabha today passed a bill to protect gullible investors from ponzi schemes, with Finance Minister Piyush Goyal saying the government will ensure that no loophole is left while framing rules.
-
Cabinet Approves Amendments To Banning Of Unregulated Deposit Schemes Bill
The Union Cabinet today approved proposals to amend the Banning of Unregulated Deposit Schemes Bill, 2018. This will further strengthen the bill in its objective to effectively tackle the menace of illicit deposit-taking activities, Law Minister Ravi Shankar Prasad said.
-
Government Tightens Norms On Unregulated Deposit Schemes
The additions to a 2018 bill would remove considerable time lags involved in punishing the operators of such schemes, said Ravi Shankar Prasad.
-
Central Government Proposes Bill To Check Ponzi Schemes
A bill proposing ban on unregulated deposits and up to 10-year jail term for perpetrators of ponzi schemes was introduced in the Lok Sabha today.
-
Cabinet Okays Bill To Ban Ponzi Schemes, Change Chit Funds Act
"The Union Cabinet has given its approval to introduce the... Banning of Unregulated Deposit Schemes Bill, 2018, and the Chit Funds (Amendment) Bill, 2018," said the Finance Ministry.
