These rules were approved by Chief Minister Atishi on Wednesday and are designed to protect people from fake investment schemes that make false promises and defraud individuals in the name of high returns.
The government will now have the authority to take strict action in such cases, including investigations and asset confiscations.
"For a long time, people have been lured by false promises of high returns, only to face losses in the end. Through these new rules, the Delhi government will keep a close watch on such fraudsters," Atishi said.
This story is from the November 07, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 07, 2024 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Holiday Nutrition Dilemma
With non-starchy vegetables like greens, carrots, or broccoli. Reserve 25 percent for lean proteins like turkey or fish.
Anupam Sud's canvas fabulises our times
THE Journey A Full Circle', a solo art exhibition by Anupam Sud, has opened recently at Palette Art Gallery.
THE BIRDS ARE COMING
As winters attract varied bird species to Delhi-NCR, TMS heads to Okhla Bird Sanctuary for an insightful walk.
From Melbourne with season's greetings
TRAVIS HEAD was running back and forth on one corner of the outfield at the Melbourne Cricket Ground.
PL leaders Liverpool host Leicester, Arsenal prepare for life without Saka
CHRISTMAS Premier League chart-toppers Liverpool are overwhelming favourites to see off struggling Leicester on Boxing Day (Thursday).
SA Eye WTC Final in 2-Test Series vs Pak
SOUTH AFRICA will be eyeing a place in the World Test Championship final with an all-seam attack against Pakistan in the first Test, starting Thursday.
Coaching & playing: Twin role with purpose for badminton nat'l's finalists
SHUTTLERS Lokeshviswanathan and Naveen P's journey is a tale of perseverance, hard work and resourcefulness. In the just-concluded national championships in Bengaluru, the doubles specialists from Tamil Nadu were one of the standout performers as they reached the title match before going down with a fight.
Where will India captain bat?
IT'S been a question that followed India captain Rohit Sharma from the moment he landed in Perth.
Booming Bumrah
PACER, WHO BURST ONTO THE SCENE SIX YEARS AGO, HAS GOTTEN BETTER WITH TIME TO BECOME ONE OF THE MOST INFLUENTIAL BOWLERS OF HIS ERA
Food delivery app Waayu expands to 25 cities
ZERO-commission food delivery app Waayu, which announced its expansion into 25 cities across the country, aims to onboard 10,000 restaurants in six months and targets 1 lakh restaurants in three years.