Justice for Ruma Roy
A citizen's appeal · West Bengal · based entirely on public records

An elderly mother paid for a home.
Eight years on, she is still waiting.

In 2014, a Kolkata finance company linked to the Vibgyor Group took ₹25,20,000 from a 69-year-old homemaker for a flat in Rajarhat — and delivered nothing. A court has ordered them to repay her since 2017. They have dodged it ever since.

Every claim on this page is drawn from public records — a SEBI order, Calcutta High Court proceedings, and published news reports — each linked below. Opinions are marked as opinions.

₹67,37,490
Court-ordered, unpaid
8 years
Of dodging the decree
52,000
Families a court is repaying
100+
Companies, one group

The story

A son's promise to his mother.

Ruma Roy spent a lifetime as a homemaker. When her son began earning, he made her one promise above all others: a home of her own, in her name, where she could finally feel safe.

In 2014 that promise took shape — a modest 1,025 sq ft flat, Flat A-3 in the "King's Residency" project, Rajarhat, Kolkata. The family paid ₹25,20,000 of the ₹30,20,000 price to Suryamukhi General Finance & Investment Co. (India) Ltd., a company whose director personally signed the agreement and promised possession by mid-2015.

“They built an empire of paper. My 69-year-old mother just wanted a home.”

Possession never came. No flat. No refund. The company simply moved address and went silent. When the family sent legal notice, it came back stamped “addressee moved.”

An arbitral tribunal heard the matter and, on 8 December 2017, ordered the company to repay — with interest. To this day, with the sum now ₹67,37,490 and growing at 12% a year, the family has not seen a single rupee. The Hon'ble High Court at Calcutta is actively trying to enforce its own order; the company's directors have repeatedly failed to appear, and warrants have been issued.

The proven facts

Not allegations — matters of public record. Sources linked.

SEBI · 2014

A regulator found an illegal ₹61.76 crore scheme

India's market regulator (SEBI) found a Vibgyor Group company raised ₹61.76 crore from ~49,562 investors illegally, barred its promoters from the market, and ordered refunds with interest.

SEBI order ↗
Calcutta HC

A court is refunding 52,000 cheated families

The Calcutta High Court appointed the Justice (Retd.) S.P. Talukdar Committee to sell the group's assets and refund ~52,000 Vibgyor depositors. Asset auctions are ongoing.

News report ↗
Odisha · convicted

The group's MD: 10 years in prison

A special court convicted the Vibgyor group's Managing Director in Odisha and sentenced him to 10 years for defrauding investors of ~₹14 crore.

News report ↗
Arrest

The group's chairman was arrested

The Vibgyor Group's founder-chairman was arrested in 2017 after a look-out notice; reports describe hundreds of crores collected from ordinary people.

News report ↗
📑 See the full public record →

The network

One group. One family. 100+ companies — all on the public register.

Word-art of 100+ companies linked to the Vibgyor Group

Every name above is taken from public Ministry of Corporate Affairs records. In this family's view, it is an extraordinary amount of corporate scaffolding for a group a regulator found ran an illegal money-raising scheme — and a maze that has made it easy to take money and vanish. You decide.

Act now

Two ways to help bring this to a close — lawfully.

If you are a citizen

Your signature tells the authorities this matters. It costs nothing and takes a minute.

  • Sign the petition and share it.
  • Share this page on WhatsApp, X and Facebook.
  • If you or someone you know was affected by the Vibgyor Group, you are not alone — the High Court committee is refunding depositors.

✍ Sign the petition

If you serve the public

This is a respectful request for lawful action on an adjudicated matter:

  • Directorate of Economic Offences (WB) — under the WB Protection of Interest of Depositors Act. deo.wb.gov.in ↗
  • CMO Grievance Portalcmo.wb.gov.in ↗
  • SEBI Recovery & the Talukdar Committee — Vibgyor assets are being auctioned to refund victims.

We hold the Hon'ble Court in the highest respect. This appeal concerns enforcement and the conduct of private parties — not the judiciary.