Consumer panel imposes fine on investment firm

Consumer panel imposes fine on investment firm

The Ernakulam District Consumer Disputes Redressal Commission has ordered an investment firm to pay an investor ₹4.68 lakh after collecting investments with a high interest rate of 12.50% for five years. The investor, Vignesh M., filed a petition against the chairman of the firm, claiming that his investments were not returned when the firm closed…

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