Rs 793 Cr Worth Ramoji s Properties Attached: After CID alleged that Margadarshi had transferred the chit fund money to some other mutual funds, which is against the rules attached to the properties of Ramoji Rao.
Get latest articles and stories on India at LatestLY. The Andhra Pradesh government on Monday issued an order to attach movable assets worth Rs 793 crore belonging to Margadarsi Chit Fund Pvt Ltd (MCFPL), officials said. India News | Andhra Pradesh Govt Issues Order to Attach Assets Worth Rs 793 Cr of Margadarsi Chit Fund.
While granting interim bail to an accused in a case under Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999 and Chit Funds Act, the Andhra Pradesh High Court said the.
The Crime Investigation Department (CID) of Andhra Pradesh on Wednesday conducted search operations at seven branches of the Margadarsi Chit Funds Private Limited (MCFPL) across the State.