According to minister of state for home Haren Pandya, final touches are being given to the Bill which proposed rigorous imprisonment up to six years and fine up to Rs 10 lakhs against erring leasing, finance and securities companies. Although Gujarat accounted for nearly 30 per cent of the country's total market capitalisation, he said, it does not yet have a separate legislation to protect the interest of an estimated 10 lakh investor-base.

Out of 700 applications received against economic offenders, about 220 have been found guilty as per the investigation carried out by the economic cell functioning under the directorate-general of police (DGP) office.