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Question

Mr. Rohan started a business of chit funds. He collected 10 Crores from small investors with an assured 5 times return in next 5 years. He suddenly closed the company and ran away. Which value is not followed by Mr. Rohan and what legal remedy is available to the small investors?

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Solution

Mr. Rohan has breached the value of trust. Small investors can approach Economic Offence cell of police department and lodge a case against him to trace him and his arrest.


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