HC restrains government from taking over Sangam Dairy
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The Andhra Prdesh High Court on Friday suspended the Government Order issued for taking over the Sangam Dairy and allowed its administrators to hold on the every day operations as traditional. However, the court docket restrained the corporate from promoting any of its belongings with out prior permission of the court docket.
The administrators of Sangam Dairy had challenged the proposed takeover by the government, questioning the authority with which it issued the order.
They refuted the government’s allegation that the dairy was transformed from a mutually aided cooperative society to an organization in a fraudulent method.
It could also be famous that the Anti-Corruption Bureau registered a case towards firm chairman and former MLA Dhulipalla Narendra Kumar and managing director P. Gopala Krishnan, accusing them of committing numerous irregularities.
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