Mysore/Mysuru: The fight for justice has yielded results with the competent authority all set to auction the assets of Green Buds that had cheated on several investors, on Jan. 12.
Informing this during the meeting of investors convened at Kuvempu Park in city on Friday, Kurbur Shanthakumar, President of Karnataka State Federation of Farmer Associations, appealed to create awareness among the investors to take part in the auctioning process in large numbers.
Aditya Biswas-headed Special Authority appointed by the Government has issued a public notification to auction the assets of Green Buds estimated worth Rs. 150 crore. It is all due to the decade-long struggle by the investors who include lakhs of daily wagers, women, poor, farmers and several others, Shanthakumar added. The value of assets has grown manifold and if those participating in auctioning show keen interest, the investment made by the investors numbering about 1.6 lakh can be easily remitted. The asset listed for auction includes fertile land fit for agriculture. The investors should give a thought and sensitise more people to take part in the auction, he said.
Shanthakumar also suggested those interested to apply online as the farms in Mysuru are also listed for auction. The coconut and arecanut farm in Madapura village on Hullahalli-Hura Main Road in Nanjangud taluk and six-acre coconut farm and fertile land at Dodda Kavalande village on Nanjangud- Chamarajanagar Main Road are the lands up for grabs, he added.
This post was published on January 7, 2024 7:33 pm