Parivar Dairies case: committee appointed to facilitate settlement to depositors
The Hindu
The Madurai Bench of the Madras High Court has appointed a committee headed by a former judge of the Madras High Court Justice N. Kirubakaran to facilitate settlement of deposits in the financial frau
The Madurai Bench of the Madras High Court has appointed a committee headed by a former judge of the Madras High Court Justice N. Kirubakaran to facilitate settlement of deposits in the financial fraud case involving Parivar Dairies. The CBI is conducting a probe into the case.
The accused had cheated several depositors who had deposited money in the company which they were managing. They had collected ₹49.76 crore from a total of 17,379 depositors and the entire amount was misappropriated.
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