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Time of India
18-06-2025
- Business
- Time of India
MCDCC bank elections: Filing of nomination ends
Mysuru: The filing of nomination papers for the elections to the board of directors of the Mysuru-Chamarajanagar District Central Cooperative bank (MCDCC) concluded on Wednesday. As polls to elect 17 directors for MCDCC were scheduled to take place on June 26, the last day saw a big rush for the filing of nominations at the office of the deputy commissioner in Siddharth Nagar. The district administration office witnessed a flurry of activities with the candidates accompanied by their party workers and supporters, even though the elections to these posts were held non-political, without any respective party symbols. MLAs GD Harish Gowda (Hunsur-JD(S), Anil Chikkamadu (HD Kote-Congress), former MLA Sunitha Veerappagowda, who is a Congress functionary, and several other bigwigs in cooperatives filed their nominations. Even former minister and Chamarajanagar MLA C Puttarangashetty, MLA HM Ganeshprasad, former MLA R Narendra, and others also filed nominations for the election. All the three political parties have taken these elections as a prestige issue to take control of this cooperative bank that has an annual business turnover of Rs 2,500 crore and plays a crucial role in agriculture financing in the twin districts of Mysuru and Chamarajanagar. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esse novo alarme com câmera é quase gratuito em São Gonçalo (consulte o preço) Alarmes Undo Speaking to reporters after filing nomination papers, Harish Gowda, the outgoing president, exuded confidence about his win in the polls as cooperatives of the twin districts have kept a lot of faith in him and supported his candidature beyond political affiliations. He said that he worked hard to strengthen the MCDCC bank and took deposit amounts to Rs 1,000 crore from Rs 370 crore. The state govt is holding the elections after a one-year delay following directions from the high court, he said.
Time of India
31-05-2025
- Business
- Time of India
File FIR against power station related to land mortgage in Kabini: MLA
Mysuru: HD Kote MLA Anil Chikkamadu instructed officials to file an FIR against Kabini Subhash Power Station in connection with allegations of obtaining loans by mortgaging govt land in Kabini. The issue was discussed in a Karnataka Development Programmes review meeting held in HD Kote, concerning accusations that the Kolkata-based Subhash Power Station Corporation Limited attempted to illegally acquire govt land within the Kabini reservoir. Following complaints of public outcry about the misuse of govt land from the public and people from various quarters of society, the MLA directed Saragur tahsildar Mohankumari and officials concerned with Cauvery Neeravari Nigam Limited to look into such complaints. Even though state govt permitted the company to set up the power corporation after providing it land on a 30-year lease, the company is accused of transferring 13 acres into its name. It also obtained necessary khatas, RTCs, and fraudulently borrowed loans from several nationalised and private sector banks. Speaking to TOI, social activist Doreswamy, a retired police officer, accused the previous tahsildar and other revenue department officers of Saragur taluk of allegedly transferring 13 acres belonging to the state irrigation department to this company. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo They also issued khata, RTC, and other land records. He demanded state govt and irrigation department order a detailed probe into these allegations. Previous Saragur revenue department officials, including the tahsildar, transferred 13 acres of govt land bearing registration numbers 160, 161, and 162 to this company. Doreswamy said he would continue the legal battle over the issue. Executive engineer of Kabini reservoir, Beechanahalli, Chandarashekhar, said he would verify this complaint and initiate action after discussing the issue with his higher-ups. Senior manager of Subhash Power Station Corporation Limited V Senthilkumar denied such allegations levelled against the company and said they are ready for investigation as they did not commit any wrongdoing. They haven't obtained any loans after mortgaging property belonging to the state irrigation department. The company has also written letters to the state revenue department, local tahsildar, and even irrigation department officials of Kabini reservoir to rectify the error if the company's name is mentioned in RTCs and other land records.
