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Dist. panels to auction assets of Agri-Gold

Essel Group’s Subhash Chandra Foundation (SCF) presented to the Hyderabad High Court here on Tuesday that it would pursue the proposal of taking over the assets of scam-tainted Agri-Gold company. The Bench sought opinion of Sravan, counsel for petitioners and depositors of the company, on how to proceed with the auctioning of the 10 high-value assets. For this, the Judges mulled constituting three-member committees in the districts concerned to oversee auction process.

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