Archive · 31 Oct 2025

ED Files Chargesheet in Amrit Feeds Bank Fraud Case, Attaches Property

ED Files Chargesheet in Amrit Feeds Bank Fraud Case, Attaches Property

Imagine a company named Amrit Feeds took a lot of money as loans from several banks to run its business.

But instead of using the money for the company, the people in charge, including the boss Harish Bagla, allegedly took the money and hid it.

They used fake companies to move the money around and then spent it on other businesses, bought property, or used it for themselves.

Because they didn't use the loan money correctly and didn't pay it back, the banks lost a lot of money.

Now, a special agency called the ED has filed charges against the company and its boss.

They have also taken away property worth a lot of money that belonged to the accused to try and get some of the lost money back.

The investigation is still going on to find out everything that happened.

Sources