Telangana high court orders release of Revan land in lieu of bank guarantees

Telangana High Court has ordered the release of Revan Infra’s Bengaluru assets, frozen in connection with YS Jagan Mohan Reddy’s disproportionate assets cases. This comes after Jagati Publications and Indira Television proposed submitting a new bank guarantee to replace the original land security. The CBI had opposed the move, citing the assets as proceeds of crime. 

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