The ‘One Man Committee’ headed by Hon'ble Justice Sailendra Prasad Talukdar started functioning on 01.02.2016. Initially the matters relating to MPS Group of Companies were referred to this committee. Inventories were made relating to available immovable properties of MPS Group of Companies situated at different places of West Midnapore, Burdwan and Kolkata. With the assistance of SEBI, the committee conducted public auctions of some of the properties of MPS Group of Companies.
Subsequently, the matters relating to many other chit fund companies including Greater Calcutta Infrastructure Ltd., Tower Group of Companies I.Core group of companies Prayag group of companies, Vibgyor group of companies etc. have been referred to the Committee by Hon'ble High Court, Calcutta.
The following companies have been referred to this Committee so far by Hon’ble High Court, Calcutta :-