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on 2007/8/25 5:31:47
Ramoji Rao suffered a setback when the Supreme Court upheld the state government’s contention that the names of all the depositors and their addresses be provided. Margadarsi has been dodging the issue and the details of some depositors that it provided were vague and did not have details like address etc.
The court asked Margadarsi to immediately deposit the unclaimed matured amount in an escrow account. The firm has also been asked to provide complete details about the bank accounts of Margadarsi.
The court asked Margadarsi to immediately deposit the unclaimed matured amount in an escrow account. The firm has also been asked to provide complete details about the bank accounts of Margadarsi.
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