Three companies chosen for auctioning AgriGold properties

Three companies chosen for auctioning AgriGold properties
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The process of auctioning of properties of AgriGold is set to pick up pace as the High Court has given its nod to selection of three e-auction firms for the purpose. A meeting between the representatives of three companies and the three member committee headed by retired Justice Surya Rao to oversee the auction of properties will take place on December 30.

Hyderabad: The process of auctioning of properties of AgriGold is set to pick up pace as the High Court has given its nod to selection of three e-auction firms for the purpose.

A meeting between the representatives of three companies and the three member committee headed by retired Justice Surya Rao to oversee the auction of properties will take place on December 30.

This was conveyed by the counsel to the Committee Ravi Prasad to the Division Bench of the High Court at Hyderabad comprising Acting Chief Justice Dilip B Bhosale and Justice S V Bhatt on Monday during the hearing on AgriGold.

Shriram Automall India Ltd, E-procurement Technologies Ltd and public sector MSTC Ltd will undertake the responsibility of auctioning the properities. The Bench posted the matter to December 31.

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