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Refund claim invited from depositors of Rose Valley: SEBI

Agartala, Mar 29 (UNI) The Asset Disposal Committee (ADC), constituted by Securities and Exchange Board of India (SEBI) has invited claims from the depositors of Rose Valley – a leading Non-Banking Financial Company which cheated thousands of people across India alluring with attractive returns for 15-20 years ago.
Addressing media here Secretary of Rose Valley field Workers’ Association Sanjib Saha said according to the verdict of Calcutta High Court, SEBI constituted an ADC to settle the claims raised by the affected depositors and the process has already begun.
About a lakh depositors in Tripura have credited about Rs 1500 crore to Rose Valley, Saha said.
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