to the reply given to USQ No. 4481 dated February 24, 2000 regarding
Collection of security by NCCF and Super Bazar and state:
(a)whether the Director General of Investigation and Registration has completed the investigation;
(b)if so, the outcome thereof; and
(c)the action taken thereon?
THE MINISTER OF STATE OF THE MINSTRY OF (SHRI ARUN JAITLEY)
INFORMATION AND BROADCASTING AND MINISTER OF
STATE OF THE MINISTRY OF LAW, JUSTICE & COMPANY
AFFAIRS
(a) to (c)Yes, Sir. According to the Director General of Investigation and Registration (DGIR),
the investigation conducted by him under Section 11(2) of the MRTP Act, 1969, has revealed
that Super Bazar was charging security money of Rs. 5,000/- to Rs. 10,000/- at the time of
registration, and the same was taken to discourage non-genuine/non-serious parties from
seeking registration with them. NCCFI was also found to have collected security money of
Rs. 10,000/-, and Rs. 20,000/-in a few cases, from the suppliers.
According to DGIR, both NCCFI and Super Bazar have claimed that they are registered under
the Multi-State Co-operative Societies Act, 1994 and that for that reason, the provbisions of
the Companies Act, 1956 and the MRTP Act, 1969 are not applicable to them.
The MRTP Commission, which is a quasi-judicial body, has informed this Department that
the Preliminary Investigation Report submitted by the DGIR has been listed for its
consideration on 4.8.2000.