T. Devanathan Yadav of Mylapore Hindu Permanent Fund Nidhi Limited (MHPFNL) on Thursday expressed his inability to mobilise ₹100 crore, despite having obtained interim bail from the Madras High Court on September 15 this year on the condition that he should deposit the money on or before October 30.
Appearing before Justice K. Rajasekar, counsel for the accused said his client could not raise the money in the last 45 days since most of the documents related to the immovable properties were in the custody of the
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