Agrigold Multi

Some of them had invested several lakh, while some had even invested a number of crore rupees within the firm. In November that yr, the company’s office in Vijayawada witnessed a tense scene as several customers landed there,reportedlysaying that the cheques have been bouncing and curiosity was not being paid. The protesters demanded that all directors of the corporate and family members of the chairman be arrested and their belongings confiscated. The depositors’ interests can be adversely affected if the State police did not prevent those arrested from getting bail, they mentioned. The protesters, who observed a relay quick for the fourth day, mentioned they didn’t place confidence in the continued probe by the State police and demanded that the government recommend a CBI into the case. More than forty lakh families have been deceived by the agency and a minimal of eighty individuals had ended their lives or died of shock, claimed one of many victims Babu Rao while staging a sit-in in entrance of the office of AgriGold right here.

V. Rama Rao Research Foundation, a non governmental group selling analysis and doctoral research in chemistry and Avra Laboratories, an organization dealing in intermediates and energetic pharmaceutical ingredients, used in therapeutics. The Government of India awarded him Padma Shri in 1991 and Padma Bhushan in 2016. You can see the detailed roadmap, earlier steps and targets of the project here, and comply with the progress of the project on our websites. Know companies Get immediate membership of Agro Infomart listing and portal. You can pay online premium membership charges and get access of your account. We are adding and updating information about lots of of hundreds of companies every single day, and periodically add firms to the queue for being updated.

He stated the purchasers and brokers, who had lost their hard-earned cash, constituted the Federation of AgriGold Customers and Agents’ Association after a gathering right here on Sunday. Association honorary president and CPI State assistant secretary Muppalla Nageswara Rao stated that the company had deceived the purchasers spread over eight States, of which 31.5 lakh have been in A.P., Karnataka, Telangana and Odisha. Telangana Special Government Pleader Sanjeev Kumar mentioned corey brewer travels that a counter affidavit was filed by the federal government in reference to an interim application questioning the delay in handing over the one hundred fifty acres of land purchased in an auction. He cited the report of the CID authorities who stated that the petitioner and the accused in Agri-Gold rip-off have been the same. The petitioner was one of many benamis to the accused, the SP acknowledged in the affidavit.

His researches led to the isolation of 100 new compounds from plants and insects. Association with Corey at Harvard University shifted his focus to studies associated to the synthesis of biologically energetic pure products and he turned his consideration to antitumor antibiotics, macrolide, immunosuppressants and cyclic peptides. After his return to India and resuming his profession at NCL, he set up a college for synthesis of biofunctional molecules. Later, he guided the Indian Institute of Chemical Technology to turn out to be one of many prime colleges in India and introduced private and public sector trade participation within the research projects of the institution. The laboratory he established at IICT was totally funded by the members of the business.

In 2012, he was awarded the Dr. Yellapragada Subba Rao Award, by the Nellore based foundation, in the name of the late Indian biochemist. C. Ray Medal, Dr. Y. Nayudamma Gold Medal, INSA Viswakarma Medal, Ranbaxy Research Foundation Award and FICCI Award. Jawaharlal Nehru Centre for Advanced Scientific Research instituted a lecture series, A. V. Rama Rao Lecture Series, composed of Foundation lectures and Prize lectures, to commemorate his seventieth birthday.

There have been about 19 lakh customers from Andhra Pradesh alone, in accordance with the police investigation. District collectors have already despatched in proposals with details of victims who had deposited as much as Rs 10,000 and Rs 20,000 in the firm. Those with deposits of up to Rs 20,000 will be thought-about in the second section after the high court’s permission. The state authorities had sought the Telangana excessive court’s permission to compensate small depositors as sale of Agri Gold’s attached properties has been delayed. The excessive court is immediately monitoring proceedings of the case in an area courtroom.