Property Attachment notification of Guru Sarvabhauma

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ವಿಶೇμ ರಾಜ್ಯ ಪತ್ರಿಕೆ

ನಂ.708

ಬೆಂಗಳೂರು, ಶುಕ್ರವಾರ,೧೮, ಡಿಸೆಂಬ್ರ , 2020(ಮಾಗ್ರಶಿರ, 27, ಶಕವರ್ಷ ೧೯೪2)

Bengaluru, FRIDAY,18,DECEMBER,2020( MARGASHIRA,27, ShakaVarsha 1942)

ಭಾಗ– III

Part– III

No. 708

GOVERNMENT OF KARNATAKA

NO: RD 29 GRC 2020 Karnataka Government Secretariat, M. S. Building Bengaluru, Dated: 17.12.2020.

NOTIFICATION

Whereas, upon considering the reports of the Competent Authority, and after due investigation of the complaints of depositors it has come to the notice of the Government, that the Sri Guru Sarvabhauma Souharda Credit Co- operative Limited, Bengaluru are involved in fraudulent transactions by clandestinely and illegally collecting deposits or money from the general public and thereafter have failed to return the same either after maturity or on demand made by the depositors or complainants with promised interest and other assured benefits and thereby have failed to render the services promised to them.

And whereas, it has further come to the notice of the Government that Sri Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru and people associating with them have been acquiring lands, movable and immovable properties, cash and others from and out of the deposits or money so collected, from the depositors or complainants and thereby deviating from the intended purposes of accepting the deposits or money.

And whereas, the Government has reason to believe that the actions of Sri Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru and people associating with them are acting in and detrimental to the interest of the depositors or complainants whose intention was to defraud the innocent depositors, and it has become necessary to protect the interest of the depositors of the Sri Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru.

And whereas, now the Government after considering the report of the Managing Director, Karnataka Public Land Corporation Limited and satisfying itself about the urgent need to protect the interest of the depositors and in exercise of the powers conferred by sub-section (2) of Section (3) of the Karnataka Protection of interest of Depositors in Financial Establishment Act, 2004 (Karnataka Act 30 of 2005) hereby makes the following order, namely:

"ORDER''

Now therefore, in exercise of the powers conferred by sub-section (2) of Section (3) of the Karnataka Protection of interest of Depositors in Financial Establishment Act, 2004 (Karnataka Act 30 of 2005), the Government under the circumstances stated above having satisfied that in order to protect the interest of depositors it is necessary to attach the immovable property believed to belong to Sri Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru .

Therefore, the Government hereby attaches immovable property as specified in the Annexure to this order believed to have been acquired by the Sri Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru either in its own name or in the name of any other person from and out of the deposits collected by the Sri Guru Sarvabhauma Souharda Credit Co-operative Limited, Bengaluru and where it transpires that such money or such other properties of the said financial establishment, or the personal assets of the promoters, partners, directors, managers or members or any other person of the said financial establishment is not sufficient for the repayment of the deposits or interest or such other assured benefits to the depositors.

Note: All the aforesaid immovable property from the date of publication of this order in the Official Gazette, shall forthwith vest with the Competent Authority, who has been appointed by the Government, pending further orders from the Special Court.

By Order and in the name of the

Governor of Karnataka

(Vijay D.S)

Under Secretary to Government

Revenue Department (Special Cell) R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19

Licensed to post without prepayment WPP No. 297

Annexure

ಶ್ರೀ ಗುರುಸಾರ್ವಭೌಮ ಸೌಹಾದ್ರ ರ್ಕೆಡ್ಟಿ ಕೊ-ಅಪರೇಟ್ವಿ ಲಿಮಿಟ್ಡೆ,ಸಂಸ್ಥೆಯ ನಿರ್ದೇಶಕರಾದ ಕೆ. ರಾಮಕೃಷ್ಣ ಇವರ ಪತಿನ್

ಶ್ರೀಮತಿ ಚಂದ್ರಮತಿ ಇವರ ಹೆಸರಿನಲ್ಲಿರುವ ಸ್ಥಿರಾಸ್ತಿ ವಿವರ

No. RD 29 GRC 2020

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( Vijay. D.S) Under Secretary to Government

Revenue Department (Special Cell) ಮುದ್ರಕರು ಹಾಗೂ ಪ್ರಕಾಶಕರು:- ಸಂಕಲನಾಧಿಕಾರಿಗಳು, ಕರ್ನಾಟಕ ರಾಜ್ಯಪತ್ರ, ಸರ್ಕಾರಿ ಕೇಂದ್ರ ಮುದ್ರಣಾಲಯ, ಬೆಂಗಳೂರು