AGARTALA, June 10 (TIWN): The depositors of various Chit fund agencies from Wednesday started submitting their documents of Chit Fund deposits at the office of SP West and A.D. Nagar Police ground. Earlier, a notification was issued from the office of the SP West to the depositors who were betrayed by the Chit Fund agencies. The chit fund groups launched their business in various states by obtaining license from various bodies of the Central Government and they identified themselves as the micro-finance groups. Demands have been raised from the part of depositors in Tripura. But, the government was ignoring the issue, as a consequence of which the future of the depositors is uncertain. Earlier lackluster law enforcement machineries acted due to High Court's pressure, the Special Investigation Team (SIT) was formed to hear the plea of the depositors of the various Chit Fund organizations. After trying to close eyes on massive chit fund scams, State Government was forced to act after orders from the High Court, and formed a team to investigate the case in proper manner. SIT team comprised of Senior inspectors namely Kamalendu Bhowmik, Samir Roy, Manik Debnath, Nityananda Sarkar , Surasen Tripura respectively. Earlier,High Court of Tripura instructed the State Government to form a full-fledged team to investigate all the matters related to Chit fund issues. High Court Division bench headed by Chief Justice Deepak Gupta and Justice U.B. Saha had passed the order. Immediately a special investigation team (SIT) was formed headed by Director General of Police and Chief Secretary.It is also known that the division bench said that as it is not possible to investigate the whole matter fully by the CBI, so an alternative procedure should be adopted. Also, High Court wanted to know that if every scam case should be handed over to the CBI, then what the role of State government will be in this regard?

The notifications are mentioned below: