IMA Scam: Karnataka HC issues notice to State govt, authority over sale of Mansoor Khan's apartment
Bengaluru: The Karnataka HC while hearing the appeal filed by IMA Scam’s prime accused Mansoor Khan against the Special Court’s order attaching his apartment in Bannerghatta in the city, has issued notice to the authorities.
Khan had filed a petition questioning a special court’s order of confirming the attachment of one of his apartments for its sale.
A division bench comprising Justice Alok Aradhe and Justice S. Vishwajith Shetty, before which the appeal came up for hearing, ordered the issue of notice to the State government and the Competent Authority (CA) appointed for the IMA scam case under the Karnataka Protection of Interest of Depositors in Financial Establishments (KPIFFE) Act, 2004.
An apartment situated on Bannerghatta Road Layout in Tilaknagar, Bengaluru, which was purchased by Khan in 2014, was among several other immovable properties and the bank accounts, the attachment of which was confirmed by the special court set up for KPIDFE cases in its order passed on March 7, 2022.
Challenging the notifications issued by the State government attaching the properties, it has been contended in the appeal that property in Tilaknagar was purchased by Khan out of his personal income and the profits accrued from his business ventures in accordance with the law, and the CA had failed to show that the property was purchased from the “deposits” of the general public.
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NRI Kannadiga community should achieve greater accomplishments: Dr. Arathi Krishna
Bahrain: Dr. Arathi Krishna, Vice President of the Non-Resident Indian (NRI) Forum, Government of Karnataka, participated as the Guest of Honour at the prestigious Global Women’s Economic Forum and Exhibition held on January 13, 2025 in Bahrain.
The international event, known for its pivotal role in empowering women entrepreneurs and professionals, provided a unique platform for showcasing business innovations and fostering leadership among women.
During the event, Dr. Krishna emphasized the significance of women’s contributions to entrepreneurship and technological advancements. She noted that the forum's dynamic workshops, panel discussions, and expert speeches offered specialized insights into innovative practices, financial management, and the adoption of new technologies. These knowledge-sharing opportunities are designed to support emerging women entrepreneurs, enabling them to thrive in a competitive global marketplace.
Highlighting the transformative power of such initiatives, Dr. Krishna remarked on the growing achievements of women entrepreneurs in traditionally male-dominated sectors. She acknowledged that the event not only celebrated success stories from across the globe but also inspired young women to pursue entrepreneurship and leadership roles. The participation of women-led businesses from diverse nations underscored the universal nature of entrepreneurial spirit and innovation.
Dr. Krishna also engaged in thoughtful discussions with successful women leaders and interacted with representatives of various Kannada associations in Bahrain. She reiterated her appeal to the global NRI Kannada community to strive for excellence and greater accomplishments in their respective fields.
