Udupi: A case has been registered in Udupi District against the IMA Group of Companies who have been involved in an alleged cheating fraud and multi-crore financial scam.

This is reportedly the first case registered against the company in Udupi District.

The complainant has been identified as S K Nahida (30), a resident of Kemannu. In her complaint she stated that she was cheated by the company when she invested in IMA Credit Co-Op Society which promised a return of 3.1% interest on her investment.

READ ALSO: APCR Karnataka offers legal aid to IMA investors for recovery of invested amount

She further states that she invested Rs. 50,000 in December last year along with the share amount of Rs. 1000. She also possess a passbook and certificate of the company.

Initially, Nahida reports that she received her interest returns for the month of January and February this year followed by which the company stopped giving her returns to her.

Following her complaint Udupi Police has registered case under section 406 and 420 of IPC. The case is being investigated by an SIT which has received more than 25,000 complaint in the case so far.

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New Delhi (PTI): Union ministers Arjun Ram Meghwal and Amit Shah on Thursday moved to introduce three bills in the Lok Sabha to amend the women's quota law and set up a delimitation commission amid protests by the opposition, which termed the proposed legislations anti-constitutional.

Congress' K C Venugopal questioned why proposed changes in the women's quota law were not incorporated when it was earlier passed by Parliament.

"Bills to tweak the women's quota law and set up a delimitation panel are anti-constitutional," he said.

Samajwadi Party's Akhilesh Yadav questioned the rush to introduce the bills.

"We are in favour... but why do you not want a Census to be done?" he asked.

Union Minister Home Minister Amit Shah hit back, saying the Census 2027 is on and the Centre has also decided to go for caste enumeration, but reservation based on religion is "unconstitutional".

According to the draft Constitution amendment bill, Lok Sabha seats will be increased to a maximum of 850 from the current 543 to "operationalise" the women's reservation law before the 2029 parliamentary polls, following a delimitation exercise based on the 2011 Census.

Seats will also be increased in state and Union territory assemblies to accommodate 33 per cent reservation for women.

The seats reserved for women in the Lok Sabha and legislative assemblies "shall be allotted by rotation to different constituencies in a state or Union territory", the draft bill circulated among Lok Sabha members said.

Several opposition parties on Wednesday decided to unitedly vote against the delimitation provisions in the Constitution amendment bill in Parliament, while asserting that they are not against reservation for women in legislative bodies.