This comes after they failed to comply with Sebi directions to refund the investors. In November 2017, the regulator had ordered Rose Valley and its then directors to refund thousands of crores to investors who had parked money in holiday membership plans of the group as it declared those schemes as illegal, , Rose Valley money laundering case, sebi
An extra-constitutional committee formed by former education minister Partha Chatterjee in November 2019, now termed illegal, was at the centre of the illegal appointments. Its activities were elaborate.
The Central Bureau of Investigation (CBI) has filed an FIR against five members of an advisory panel of the West Bengal School Service Commission in connection with its probe into alleged irregularities in recruitment to Group C posts in state government-aided schools, an official said on Sunday.