The AP High Court has suspended the Order of taking over the Sangam Dairy by the govt and allowed its old management to carry on the operations as usual last Friday, reports The Hindu.
The directors of Sangam Dairy had challenged the proposed takeover by the government, questioning the authority with which it issued the order.
It may be noted that the Anti-Corruption Bureau registered a case against company chairman and former MLA Dhulipalla Narendra Kumar and managing director P. Gopala Krishnan.