Erode businessman gets 10 years jail, ₹ 2.40 crore fine in emu scam
The Hindu
The Special court for the trial of cases registered under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore on Wednesday sentenced the proprietor of an emu farm to undergo
The Special court for the trial of cases registered under the Tamil Nadu Protection of Interests of Depositors (TNPID) Act in Coimbatore on Wednesday sentenced the proprietor of an emu farm to undergo 10 years of imprisonment for duping customers of ₹ 2.39 crore.
Special Judge A.S. Ravi awarded the punishment to M.S. Guru alias Gurusamy (40), managing director of Susi Emu Farms India Private Limited based at Perundurai in Erode district.
Gurusamy started the firm in 2010 with its office on Raja Street, Perundurai, and introduced two schemes to customers.
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.