Auction Agrigold assets: HC

download1-300x160After examining the case against the Agrigold, the high court adjourned the next hearing to Friday on auction of the company’s assets under a special committee. The court was angry that Agrigold
directors showed high value of their lands and warned them that court will drastic action if they misled the court. Along with chairman,four directors also deposed. The court ordered that proceeds from the
auction will be credited to the account of court registrar. The company submitted details of 300 assets. The company is said to have duped many depositors in AP.

Medaram Jathara

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