SFIO has been asked to investigate the affairs of four business groups, including Saradha, which have "raised huge sums of money from the public at large", according to an internal communication.
In all, more than 50 companies will be investigated, including 14 Saradha entities.
The other three groups are Rose Valley, Icore E-Services and Sunshine India Land Developers, as per communication sent by the Corporate Affairs Ministry to the SFIO.
SFIO has also been asked to identify a team of officers who could be appointed as inspectors to investigate into the affairs of these companies so that formal orders could be issued for their appointment.
More From This Section
The Ministry yesterday decided to set up a Special Task Force under the SFIO to investigate into the alleged fraudulent money-pooling activities of various companies in the name of chit fund schemes.
As per the ministry's direction, the 14 Saradha group entities to be investigated include Saradha Realty India, Saradha Agro Development, Saradha Exports, Saradha Construction Company, Saradha Garden Resorts and Hotel.