Bhubaneswar: A court in Balasore on Tuesday sentenced two functionaries of Saradha chit fund company to five years of rigorous imprisonment for cheati.
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Capital markets regulator Sebi will auction seven properties of Saradha Realty India Ltd and its promoters and directors on February 22 for a reserve price of over Rs 59 lakh in order to recover money raised by the company from public through illicit schemes. The properties to go under the hammer include land parcels located in West Bengal, Sebi said in a public notice