Pune, July 7 (IANS) A special CBI court has convicted and sentenced two proprietors of private companies to three years of rigorous imprisonment in a bank fraud case involving a wrongful loss of more than Rs 5.5 crore to the State Bank of Hyderabad, an official statement said on Tuesday. The convicted persons are Chandrakant Lodha, proprietor of M/s Chandrakant S. Lodha & Co., and Paresh Thakkar, proprietor of M/s Thakkar and Sons. The court pronounced the judgment on Monday.The Central Bure…
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