Collector orders attachment of assets of investment firm in Kozhikode

District Collector Snehil Kumar Singh has ordered the attachment of each movable and immovable properties of Kozhikode-based Rone Infotrade Private Limited pursuing complaints of a large concern fraud. The tahsildars acrophobic were asked to initiate contiguous steps nether the Banning of Unregulated Deposit Schemes Act, 2019. An bid was besides issued connected Wednesday to the Regional Transport Officer to hole a database of vehicles registered in the sanction of the instauration owners and manus implicit the impounded vehicles to the police. As portion of the ineligible action, the slope accounts of the institution would besides beryllium frozen with contiguous effect.

Published - November 12, 2025 08:20 p.m. IST