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Home Co-op News Snippets

Shivajirao Bhosale Sah Bank: ED attaches properties

Staff Reporter by Staff Reporter
February 13, 2023
in Co-op News Snippets
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Shivajirao Bhosale Sah Bank: ED attaches properties
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The Enforcement Directorate (ED) on Friday provisionally attached properties worth Rs 26.60 crore approximately in the case of Shivajirao Bhosale Sahakari Bank fraud.

It bears recalling that the Reserve Bank of India had through an order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra. Consequently, the bank ceased to carry on banking business, with effect from the close of business on May 31, 2021.

The attached properties include 23 immovable properties belonging to Anil Shivajirao Bhosale, Suryaji Pandurang Jadhav and Nusrat Shanur Mujawar and equity holdings of Anil Shivajirao Bhosale.

Tags: BreakingcooperativeEDShanur Mujawar
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