GUWAHATI, April 22 – A division bench of the Gauhati High Court, comprising Chief Justice AK Goel and Justice AK Goswami, today observed in a suo moto public interest litigation case (PIL No- 15 of 2013) on the financial institutions and chit fund companies that due to the magnitude of the crime involved in this case, pending investigations against them ought to be completed in a time-bound manner.

The court also observed that the amount seized from these institutions and companies are to be returned to the rightful claimants.

It needs mention here that the Gauhati High Court has taken up the case suo moto acting on a letter of Krishak Mukti Sangram Samiti (KMSS) leader Akhil Gogoi on the issue.

The Director General of State Police (DGP) today filed an affidavit before the court stating that 192 cases have been registered against 117 illegal companies.

The State Police Department has also set up an Special Investigation Team to monitorand supervise investigation in this connection. An amount of Rs 93 lakh has also been seized from these companies, said the DGP in his affidavit.

The court has, by this time, appointed M Bujarbarua as the amicus curie for the case.