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Seshsasaila Mutual Aided Coop. Society may turn of its boards
Chodavaram, Visakhapatnam
October 10, 2004

The Chodavaram Seshasaila Mutual Aided Cooperative Credit Society has turned off the boards according to available sources. Nearly the society is due to pay a sum of Rs.70 lakhs to its customers.

The Society which was started a little over ten years back is now on loss making side. Upon the complaint by one customer, the Circle Inspector DL Narendra Varma said that complete information has to be obtained as opined that the estimated loss nearly Rs.70 lakhs and assured all safety measures will be taken to safe guard the interest of the customers, he added

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