Latest News

Telangana High Court nod to help AgriGold victims | Published: 9th February 2019 | Posted Date: Saturday 9th February 2019 02:16 AM

Hyderabad: The Telangana High Court, which is hearing cases related to the scam-ridden AgriGold, approved an AP government proposal to disburse Rs 250 crore to nearly 8 lakh depositors from the state who have invested Rs 10,000 or less in the company.

A division bench comprising Justice V. Ramasubramanian and Justice P. Keshava Rao laid down the procedure for disbursal of the amount through the District Legal Services Authority by March 27.

The bench was passing an order while hearing a public interest litigation petition filed by the Telangana Agrigold Depositors and Agents Welfare Association, seeking a CBI probe into the scam and steps to provide relief to over 32 lakh depositors nationwide.

AP Advocate General Dammalapati Srinivas placed before the court, a copy of GO MS No. 31 issued by the AP Government whereby an amount of Rs 250 crore had been sanctioned to pay those who had deposited Rs 10,000 and less with Agrigold. This would be deducted from any further money given to the depositors. He said there were 7,90,199 depositors in AP who had invested Rs 10,000 as identified by the CID and their claims cross-verified.

The bench directed all depositors from AP who have invested Rs 10,000 to submit claims, along with their fixed deposit receipts, with their respective District Legal Services Authority before March 11. The DLSA must process the claims and pass brief orders by March 20.




Ultra-processed food shortens life

Culprits include saturated fat, added sugar.

High added sugar leads to obesity

BHA is found in sausages, dried meats and foods with added fats.

KCR's Cabinet not to have KT Rama Rao, T Harish Rao, woman minister

6 new faces to find place in K Chandrasekhar Rao team.

Pakistan terrorists likely to attack cities on the coast, warns intelligence

MHA takes up multi-pronged approach with states to contain latest infiltration threat.

KT Rama Rao all praise for student for invention

Appreciating his work, Mr Rao presented him a cash prize of Rs 1.16 lakh.

Chinese firms feel heat of Pulwama

People call for a boycott of China products.

Raj Bhavans turning into political rehabs

Ruling parties give the post to leaders defeated in polls.

K Chandrasekhar Rao will delay Cabinet even at Centre: BJP

He also slammed Chief Minister KCR, saying that if Federal Front comes to power, there will be no Cabinet at the Centre, too.

Sania Mirza should be removed as Telangana ambassador: T Raja Singh

T. Raja Singhs demand came just when Sania Mirza was being trolled on social media for her statement on the Pulwama attack.

R Krishnaiah shocks Congress, joins YSRC

Mr Krishnaiah grabbed the ticket for Miryalaguda Assembly constituency in the last minute in the recently-held Assembly elections.

Hyderabad: Traffic curbs for 'Chhatrapati Shivaji Maharaj' birthday fete

The procession is being organised by the Chhatrapathi Shivaji Marata Navyuvak Mandal.

Hyderabad: 5 tamper passports, aid illegal travel, held

Gang restored passports once visa was issued.

comments powered by Disqus