{"id":25572,"date":"2026-08-25T13:17:12","date_gmt":"2026-08-25T13:17:12","guid":{"rendered":"https:\/\/aguli.in\/?p=25572"},"modified":"2026-08-25T13:19:21","modified_gmt":"2026-08-25T13:19:21","slug":"bisalgarh-administration-seals-ashirbad-microfinance-office-over-alleged-lack-of-trade-licence","status":"publish","type":"post","link":"https:\/\/aguli.in\/index.php\/2026\/08\/25\/bisalgarh-administration-seals-ashirbad-microfinance-office-over-alleged-lack-of-trade-licence\/","title":{"rendered":"Bisalgarh Administration Seals Ashirbad Microfinance Office Over Alleged Lack of Trade Licence"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Tripura, 25; August 2026:<\/strong> The Bisalgarh Sub-Divisional Administration on Tuesday sealed the office of Ashirbad Microfinance Limited at Ambagan, Bisalgarh, following complaints over its alleged operation without a valid trade licence and other required documents.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to DC M Prasenjit Das, the administration had earlier received a complaint against the company and had also issued a notice to two microfinance companies allegedly operating in Bisalgarh without trade licences. He said Ashirbad Microfinance had reportedly been conducting business in Bisalgarh for the past five to seven years without obtaining a local trade licence, despite having licences in other urban local bodies of Tripura.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During Tuesday\u2019s inspection, officials reportedly sought various documents from the company, including papers related to its claimed subsidiary arrangement with Manappuram. The officials said the company failed to produce the required documents during the inspection.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The administration stated that around 1,500 people from economically weaker sections of different parts of Bisalgarh had taken loans from the company, reportedly at an interest rate of 24%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Officials clarified that the immediate action was taken over the alleged absence of a trade licence and required paperwork, and not simply over the interest rate. The office was sealed pending compliance with the applicable rules. Authorities said the company may approach the administration after obtaining the necessary trade licence, following which further action will be considered as per law.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The administration also alleged that several microfinance operations have emerged in different parts of Bisalgarh without fulfilling the necessary regulatory requirements. Officials said complaints from customers had prompted the latest inspection and enforcement action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tripura, 25; August 2026: The Bisalgarh Sub-Divisional Administration on Tuesday sealed the office of Ashirbad Microfinance Limited at Ambagan, Bisalgarh, following complaints over its alleged operation without a valid trade licence and other required documents. According to DC M Prasenjit Das, the administration had earlier received a complaint against the company and had also issued [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":25571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[73],"tags":[6789],"ppma_author":[1174],"class_list":["post-25572","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tripura","tag-micro-finance"],"authors":[{"term_id":1174,"user_id":33,"is_guest":0,"slug":"kamaljamatia","display_name":"kamal jamatia","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/564a074770eb17d36f3af441d462b8a2a809599748f74220740b1d3b52879fcf?s=96&d=https%3A%2F%2Faguli.in%2Fwp-content%2Fuploads%2F2024%2F07%2FPHOTO-2023-09-14-08-30-32-3.jpg&r=g","author_category":"","first_name":"kamal","last_name":"jamatia","user_url":"http:\/\/www.aguli.in","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/posts\/25572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/comments?post=25572"}],"version-history":[{"count":1,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/posts\/25572\/revisions"}],"predecessor-version":[{"id":25573,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/posts\/25572\/revisions\/25573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/media\/25571"}],"wp:attachment":[{"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/media?parent=25572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/categories?post=25572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/tags?post=25572"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/aguli.in\/index.php\/wp-json\/wp\/v2\/ppma_author?post=25572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}