DB issue notices in PIL seeking SIT probe into Cooperative Bank scam

Excelsior Correspondent

JAMMU, Apr 22: In a PIL seeking thorough investigation by Special Investigation Team (SIT) into the working of Rural Development Multipurpose Cooperative Ltd and also direction to respondents to initiate refund of the deposits , a Division Bench of State High Court issued notices to Commissioner/Secretary Industries & Commerce, Registrar Cooperative Society and IG Crime Branch Jammu.
The PIL has sought direction to initiate thorough investigation by forming a SIT, including Subject Matter Experts (SMEs) into the working of Rural Development Multipurpose Cooperative Ltd and also seeking direction to respondents to initiate refund of the deposits accepted by the Cooperative Ltd through its chairman within a stipulated timeframe.
The Division Bench of State High Court, comprising Chief Justice Gita Mittal and Justice Sindhu Sharma, after hearing Adv Ankur Sharma for the PIL and Deputy AG KDS Kotwal for the State, issued notices to Commissioner/Secretary Industries & Commerce, Registrar Cooperative Society and IG Crime Branch Jammu and directed to file counter affidavit within four weeks.

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