Court tells Joseph Chacko to repay site price to NRIs at current guidance value

April 12, 2016

Bengaluru, Apr 12: The High Court on Monday directed Joseph Chacko, who is accused of duping NRIs of over Rs 500 crore by promising them sites in Bengaluru, to return the amount at the present guidance value.

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The NRIs had expressed uncertainty over alternative sites as they were not sure they would be allotted sites which had proper approvals. They sought directions for repayment of their amount in keeping with the present market value of the sites. Justice AV Chandrashekhara passed the orders pertaining to 52 NRIs and adjourned the next hearing to Wednesday.

Joseph Chacko, an NRI,?had duped hundreds of NRIs settled in West Asia, promising them residential sites. He sold them many sites under bogus khathas since 1994. Chacko is said to have swindled Rs 500 crore by selling sites in more than 25 layouts in and around KR Puram. He had taken a general power of attorney from land owners and formed illegal layouts in greenbelt areas without taking any statutory permission. Sale deeds were issued under bogus house list khatha numbers. He formed layouts in Sy No 59 of Kyalasanhahalli forming Elysium Township and in Sy No 14 of Doddagubbi and Sy No 9 of Bilishivalle to form Athina Township.

The NRIs later learnt that the layouts were not approved by the government and Chacko had conned them. There have been more than 200 complaints against Chacko in various police stations in the city and the CID chargesheeted him in about 85 cases.

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News Network
December 17,2025

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Melkar, Dec 17: The 17th Annual Day and Graduation Ceremony of Melkar Women’s PU and Degree College, themed “Fusion-2K25,” was celebrated with dignity and enthusiasm, marking a significant milestone in the institution’s academic journey. The programme reflected the college’s steadfast commitment to academic excellence, character building, and the holistic development of students.

The event was inaugurated by Mr. Asif Mohammed, whose presence greatly enriched the occasion. The celebration was further graced by the chief guests Mr. P. B. Ahmed Mudassir and Mr. Nissar Fakeer Mohammed, along with the distinguished guests of honour Mr. B. A. Nazeer and Mr. Ibrahim Gadiyar. In their inspiring addresses, the guests encouraged the graduating students and appreciated the dedicated efforts of the management, faculty, and students.

The annual report was presented by the Principal, Mr. Abdul Majeed S, highlighting the institution’s academic progress, notable achievements, and extracurricular accomplishments during the academic year.

The presidential address was delivered by the esteemed Chairman of Melkar Women’s PU and Degree College, Dr. Haji S. M. Rasheed, who emphasized the vital role of education in empowering women and shaping responsible citizens. He also stressed the importance of discipline, dedication, and perseverance in achieving success.

Cultural programmes and academic recognitions formed an integral part of the celebration, showcasing the talents and achievements of the students. The graduation ceremony was a proud moment for the outgoing students as they were formally conferred degrees and wished success in their future endeavours.

Ms. Mashmooma Fathima served as the Master of Ceremonies. The welcome address was delivered by Ms. Fathima Nida, and the programme concluded with a vote of thanks proposed by Ms. Ayisha Suhana.

The event successfully achieved its objectives and was highly appreciated by the guests and attendees.

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