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Action against fake companies

Stern action awaits fake financial institutions. Disclosing this in the Assam assembly on Thursday, Parliamentary Affairs Minister Nilomoni Sen Deka said that as of March 6, 2013, a total of 192 cases had been filed against 117 such companies. He said that police have also seized 106 bank accounts and Rs 93.81 lakh. He said that this was apart from seizure of property worth Rs 24.28 crore and six bighas of land have also been seized from fake financial companies.

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