"bank-fraud"

"The issue has been referred to the Arbitration following which the Arbitration Tribunal was constituted on November 11 last year and the proceedings are in progress," the Khammam MP said.

The case was booked against the company managing partners - Ramjee Adalla and Peddapati Padmavathi, and another person Santosh Yadav

Hyderabad: The Hyderabad Central Crime Station police on Tuesday nabbed R. Venkatesh, the managing partner of Croma Automotives on charges of obtaining bank loans worth Rs 3.02 crore by submitting fake land documents. Venkatesh, a resident of Nacharam allegedly submitted fake documents of properties in Uppal Bhagayat village, Ranga Reddy district and obtained a cash […]

The attached assets are located in and around Hyderabad and Visakhapatnam and belong to Narender Kumar Patel, his family members and associates.

Special teams from New Delhi with support from their colleagues in the regional offices in Telangana and Andhra Pradesh conducted the searches in Guntur and Hyderabad.

It was alleged that, the fraud caused loss of Rs 1,229.58 lakh to the bank