Anand Appugol fraud case: Depositors told to submit documents in Bengaluru

The depositors allege that Anand Appugol, promoter of Krantiveera Sangolli Rayanna Urban Cooperative Society, owes them more than ₹ 300 crore. | Photo Credit: Illustration by Satheesh Vellinezhi

The authority (under the KPID Act) has asked depositors affected by the alleged financial irregularities in the Belagavi-based Krantiveera Sangolli Rayanna Urban Cooperative Society to submit relevant documents in person at its office in Bengaluru.

This follows the decision of the Karnataka High Court dated November 4, 2025.

It was published – 16 April 2026 10:30 IST