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Karnataka High Court Monthly Digest: April 2024 [Citations 157

Karnataka High Court Weekly Round-Up: April 22

SFIO Alone Has Authority To Probe Fraud U/S 447 Companies Act: Karnataka High Court Quashes CBI FIR Against Promoter Of Surana Power

The Karnataka High Court has quashed two cases registered by the Central Bureau of Investigation against Vijayraj Surana, Promoter Director of Surana Power Limited, registered under the provisions of.

CBI books Surana Corporation, its directors for bank fraud

CBI books Surana Corporation, its directors for bank fraud
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Surana Corporation Ltd, its officials, booked by CBI for cheating banks of Rs 2,930 crore

Surana Corporation Ltd, its officials, booked by CBI for cheating banks of Rs 2,930 crore Surana Corporation Ltd, its officials, booked by CBI for cheating banks of Rs 2,930 crore The CBI has booked Chennai-based Surana Corporation and its directors for an alleged loan fraud of Rs 2,930 crore in a consortium of six banks led by the State Bank of India (SBI) advertisement UPDATED: December 16, 2020 23:24 IST The FIR claims that Surana Corporation Limited availed credit facility which was extended multiple times but failed to return the dues. The Central Bureau of Investigation has filed an FIR against Chennai-based Surana Corporation Limited and its officials for defrauding banks to the tune of over Rs 2,930 crore.

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