Vijay (Management Consultant) 11 December 2014

Fraud by mutually aided co-operative society

A major fraud to the tune of Rs. 200 Crore has surfaced in a mutually aided co-operative society.

Based on complaints from customers, FIR has filed on the operating chairman, Board of Directors. With the influence of ruling party MLAs, chairman & Board Members there has not been any other action in the last 6 months. Also, nothing has been recovered from the involved members and their immediate family members.

Please advise the legal option/s that can be pursued for thorough investigation to punish the culprits & recover money for depositors.

Thanks in advance.

Vijay

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2 Replies

Isaac Gabriel (Advocate) 12 December 2014

Ascertain the stage of enquiry.If need be,file private complaint seeking interference from the court.

T. Kalaiselvan, Advocate (Advocate) 15 December 2014

How are you involved in it and what is your interest in it?, If you have a specific interest, you may move an application seeking the status of the case under investigation by the officials.