Fraud Allegations Hit Barpeta Financial Firm Shraddha Surabhi Nidhi Limited

Shraddha Surabhi Nidhi Limited, a financial firm in Barpeta, is facing allegations of fraud and payment defaults. Established in 2020 by Rituparna Pathak, Geetanjali Pathak, and Bivha Rani Pathak, the firm is accused of missing scheduled payments to clients for several months, causing significant outrage.

A frustrated beneficiary stated that despite an agreement for monthly payments of 4.5 thousand rupees, the firm has been making excuses and delaying payments for the past 3-4 months. The situation deteriorated further when the chairman took over the finances in February, resulting in employees not receiving their salaries.

Efforts by clients and staff to resolve the issues with the chairman have been ignored. The firm’s accountant disclosed that Shraddha Surabhi Nidhi Limited holds approximately 1.3 crore rupees in cash for MIS in Barpeta, although locals believe the actual amount could be as high as 2.5 crore.