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Agri Gold's six properties to be auctioned -Updates - 10 Tv

Fri, Jan 01, 2016, 07:03 AM
It is indeed a good news for Agri Gold depositors as the six properties belonging to Agri Gold will be up for public auction.A Division Bench of the High Court at Hyderabad was informed about the schedule date of auction.The court Bench that has constituted a committee headed by a retired judge to sell the companies properties and distribute them to depositors on Thursday submitted a full-fledged report to the Court. It said that three firms were identified for conducting e-auction and terms and conditions were being finalised.The six properties that form the first set of properties to be auctioned are spread over AP, Karnataka and Telangana. The related Court Bench has adjourned the case to February 8, 2016.
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