Calcutta HC Calls for Bengal Home Secretary's Presence Over Chit Fund Committee Issues

Synopsis
Key Takeaways
- Calcutta High Court summons Home Secretary Nandini Chakraborty.
- Concerns about state government's non-cooperation with the compensation committee.
- Committee aimed at helping victims of chit fund schemes.
- Unfilled positions and unapproved remuneration raised by the court.
- State government's responsibility to support the committee emphasized.
Kolkata, Feb 13 (NationPress) The Calcutta High Court has summoned West Bengal Home Secretary Nandini Chakraborty to appear in court next week to address concerns regarding the state government's alleged non-cooperation with a committee established to secure compensation for victims who lost money in chit fund investment schemes. Chakraborty is required to appear before the division bench of Justice Joymalya Bagchi and Justice Gaurang Kanth on February 20 to provide clarification on the state’s stance regarding these allegations.
The committee, chaired by a retired justice, was initiated due to the surge of chit fund or Ponzi schemes in the state over the past decade, aimed at ensuring adequate compensation for victims who have lost substantial amounts in these multi-level marketing schemes.
Concerns arose when a case was lodged in the Calcutta High Court claiming that the state government failed to cooperate with the committee, particularly regarding the establishment of necessary infrastructure and filling vacant positions.
The HC bench expressed serious concern, noting that it was unfortunate that there were unfilled positions within the committee and that the terms of some officers had not been extended despite their tenures expiring.
Additionally, the state government has yet to approve the remuneration for the committee chairman, leading to further complaints.
The Calcutta High Court remarked that the lack of cooperation from the state government is particularly troubling given that the court had established the committee with assurances of full support from the government.
The court reaffirmed that it is the state government's primary duty to provide complete assistance to the committee to ensure its effective functioning.