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Appointment of Administrator, Agricultural Rural Development Bank; High court upholds government action

Kochi: The Kerala Excessive Court docket has upheld the appointment of an administrator to the State Agriculture and Rural Growth Financial institution. A division bench comprising Justices PB Suresh Kumar and CS Sudha held that there was no malpractice on the a part of the federal government in passing the no-confidence movement in opposition to the UDF governing council. With this, the central financial institution, which had been owned by the UDF for many years, misplaced to them.

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