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అమరావతిలో ఇన్సైడ్ ట్రేడింగ్ నిజమేనా? | Sudhakr Reddy About Amaravati Insider Trading Issue


ParmQ

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HIGH COURT OF ANDHRA PRADESH, AMARAVATI

MAIN CASE No: W.P.No.16468 of 2020

ORDER

Sri Mukul Rohatgi and Shyam Divan, learned senior counsel appearing on behalf of Sri Ginjupalli Subba Rao, counsel for the petitioner.

Learned Advocate General appearing on behalf of respondents 1 and 2.

Sri C.V.Mohan Reddy, learned senior counsel assisted by Smt.Renuka, standing counsel for respondent No.3.

Sri S.S.Prasad, learned senior counsel, assisted by Sri Venkateswara Rao, standing counsel for respondent No.4.

This writ petition, under Article 226 of the Constitution of India, has been filed by the petitioner alleging mala fides against the State authorities, specifying the reasons as setup in the writ petition.  It is stated that the petitioner herein held the office of Additional Advocate General and thereafter he had become the Advocate General and is a Senior Advocate having long standing at bar.  For the reasons set out in the writ petition, he is being targeted by the Government and, in furtherance thereto, the Government wants to foist a false case against him, alleging purchase of property being aware of establishment of capital in Amaravati, prior to the date of identifying the capital in his name and that of others.  Reference to the letter sent to the Income Tax Department dated 29.01.2020 and letter dated 23.03.2020 of the State Government, sent to the Ministry of Personnel, Public Grievances & Pensions, Department of Personnel and Training, New Delhi, has been made to state it affects the personal liberty without any cogent basis.  It is said that when action was not found justified by central agencies, the state agencies through Police are working out in a mala fide manner.

In view of the aforesaid, prayer is made to call for all the records pertaining to any enquiry/investigation being conducted by any of the State agencies and all the respondents, and to quash the letter dated 23.03.2020; further enquiry may be stayed and no coercive steps against the petitioner may be made.  It is also stated that if any investigation is to be made by the State, it may be under the strict supervision of a Judge of the High Court or in the alternative under the supervision of a Retd. Judge of the High Court, looking to the political vendetta against the petitioner.

The petitioner has joined the present Chief Minister of Andhra Pradesh as party (respondent No.5) by name, but, at present, this court is not inclined to issue notice calling his presence/response.

Sri Mukul Rohatgi and Sri Shyam Divan, learned senior counsel appearing on behalf of the petitioners, have strenuously urged that, if there is any political vendetta, it may be against parties or persons of the respective parties, but, taking action on account of those reasons against a former Advocate General of the State and a Senior Advocate, is unheard of and not warranted, that too, in a planned way, as reflected in the present case.  It is further stated that, after filing of this writ petition, when a learned Judge of this Court has recused hearing and directed the Registry to place the matter before Hon’ble the Chief Justice to list this case before another bench, FIR has been registered today, to give a political colour to it, on the basis of a complaint dated 07.09.2020, by the ACB.  It is further urged that after filing of this petition and recusal from the case by the Hon’ble Judge of this Court, registration of offence immediately projected over the social media and newspapers against the petitioner and also two daughters of a sitting Judge of the Hon’ble Supreme Court of India, amounting to scandalizing the authority with a mala fide intention, by way of media trial.  In view of the said facts, prayer is made not to take any coercive steps on the basis of registration of FIR including investigation after filing of the writ petition and its publication in the print, electronic and social media.

Reliance has been placed by the learned senior counsel appearing on behalf of the petitioner on a judgment of the Delhi High Court in the case of Naveen Jindal v. M/s.Zee Media Corporation Ltd., & Anr. [2015 SCC ONLINE DELHI 7810].

Per contra, learned Senior Counsel Sri C.V.Mohan Reddy, appearing on behalf of respondent No.3, contends that as the news has already come in the electronic media, therefore, the said relief is now rendered infructuous; even otherwise, media cannot be restrained to publish news.  Reliance has been placed by him on the judgment of Hon’ble the Supreme Court in the case of Sahara India Real Estate Corporation Ltd. & others v. SEBI & Anr. [(2012) 10 SCC 603].

Learned Advocate General appearing on behalf of respondents 1 and 2 has strenuously urged that the manner, in which the pleadings have been made in the name of respondent No.5, is not proper; therefore, it is an abuse of process of the court.  Thus, in such circumstances, interference by this court is not warranted.

Learned senior counsel S.S.Prasad, appearing on behalf of respondent No.4, in reference to the letter dated 23.03.2020, contends that, on account of the allegations as made against the petitioner, FIR has rightly been registered; therefore, at this stage, interference in this writ petition is not warranted.

After hearing learned counsel appearing on behalf of the parties and considering the facts of the case and the circumstances in which the issue cropped up with respect to a former Advocate General and also looking to the news as read during the course of hearing, in the considered opinion of this court, the response of respondents 1 to 4 and 6 is required.  Let response be filed by them within a period of FOUR WEEKS.

Considering the prayer as made in I.A.Nos.1, 2 and 3 of 2020, by way of interim relief, it is directed that no coercive steps shall be taken in furtherance to FIR No.08/RCO-ACB-GNT/2020 of ACB, Guntur, dated 15.09.2020, which has been registered after filing of this writ petition against any of the accused.  The enquiry, investigation is also stayed.  It is further directed that the news in regard to registration of FIR or in the context of the said FIR shall not be made public in any electronic, print or social media, to foist the office of a former Advocate General and also with respect to the other alleged accused persons.

The Secretary, Home Department, Govt. of A.P., the Director General of Police, A.P., shall inform through the Information and Public Relations Department, Govt. of A.P., to the effect that no electronic or print news item be published with respect to the FIR No.08/RCO-ACB-GNT/2020 of ACB, Guntur, dated 15.09.2020 and connected events until further orders of this Court.  Social media posts shall also not be published and, in this regard, the Director General of Police, A.P., and the Ministry of Information and Broadcasting, Govt. of India, shall take steps to inform the relevant social media platforms/houses in this regard.

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26 minutes ago, Vaampire said:

@ParmQi want to hear honest opinion. Forget about jagga, courts, cbn...

 

insider trading jarigindi antava ledha?

They will keep moving goal posts like sujana Chowdary .

1. me and my family do not have any properties in CRDA - exposed 

2. I personally do not have any property in CRDA - exposed 

3. My family brought the lands , I do not have any idea - exposed 

4. We always had this property - also a lie , exposed 

5 . What's wrong with buying property near our capital , it is our jaathi pride  ... Currently at this stage 

I don't think they can prove breach of trust charges in court , it is extremely hard to get evidence just like quid pro quo cases on Jagan , Robert Vadra but they can sure drag TDP party to the same level as Jagan .  CBI summons , ED attachments , bails etc. 

Will this help the state ? Absolutely not . Once the investigation starts amaravathi is a dead  project that no  public company will move into .  TDP leaders will be fine , they have abundant assets everywhere , the real estate buyers , land owners will get hit badly .

Compromise and move on , Jagan has literally nothing to lose in amaravathi . Even if courts stall 3 capitals he will do nothing .

 

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10 hours ago, Vaampire said:

@ParmQi want to hear honest opinion. Forget about jagga, courts, cbn...

 

insider trading jarigindi antava ledha?

Jaragaledhu man. These are my reasons -

- YSRCP Govt didn't provide an iota of information so far. So far what they did was some political allegations on Narayana, Payavula, Paritala and Dhullipalla. Narayana went to court for defamation chages against those allegations. Payavula has shown the documents, stating he bought after the capital announcement, in assembly and challeged. G musukoni kurchunnaru YSRCP MLAs. Same with Paritala. Dhullipalla challenged to take those lands if they can show where he bought.

- After state reorgination bill, there were hundreds of news articles about capital coming either in Krishna/Guntur region, Dhonakonda, Vizag or Ongole. Many people who are settled in Hyd and wanted to invest either in potential capital region or native place started investing in the new state. Some of those investments are in Amaravati reagion (55K Acres ante huge land).

- There were also some buyings/sellings after 2014 elctions and before the Sivaramakrishnan committee (formed by centre) submits its findings to Govt. YSRCP Govt should focus on land registrations before the then Govt announced capital to the public and after the Sivaramakrishnan committee submits their report. But YSRCP Govt has not produced any thing so far from this period. They have access to all those registrations. And the land registrations didn't spike during that time. If they had collected prima facie, they would have gone to the court. They couldn't find anything. Hence they are just formed cabinent sub-committie (minsters) which doesn't have legal or constitutional sanctity and will not be considered by courts. That's exactly what happened now. They knew this. Now they are trying to project courts being baised against the Govt to people who can't understand the whole complexity.

-Dhammalapati and others went to the court because SIT which doesn't have legal santcity is after them. Court stayed the investigation. YSRCP Govt started spreading the news to show the courts in bad light. But they are igroning the fact that Dhammalapati and others wanted a SIT formed by neutral body which would be supervised by incubment or ex-judges.

Final ga half-knowledge paytm batch in social media trying to get some brownie points for YSRCP. That's working so far.

 

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Eppudu ayithe HC Gag order ichindo appude ee indsider trading lo dolla thanam undi ani telipoyindi

Nuvvu pettina aa video is from Myra Media which is always pro-tdp, so kachitanga nammeyachu

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10 minutes ago, bhaigan said:

Eppudu ayithe HC Gag order ichindo appude ee indsider trading lo dolla thanam undi ani telipoyindi

Nuvvu pettina aa video is from Myra Media which is always pro-tdp, so kachitanga nammeyachu

Sakshit aithe ne nammettunnav ga. Dhantlo Reddy gaaru cheppina point meedha choodu. Look at the message not the messenger. Neelantolla dhaggara nundi adhi expect cheyyadam kastame.

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8 minutes ago, ParmQ said:

Sakshit aithe ne nammettunnav ga. Dhantlo Reddy gaaru cheppina point meedha choodu. Look at the message not the messenger. Neelantolla dhaggara nundi adhi expect cheyyadam kastame.

We don't trust teddies antunna @tom bhayya

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2 hours ago, ParmQ said:

Jaragaledhu man. These are my reasons -

- YSRCP Govt didn't provide an iota of information so far. So far what they did was some political allegations on Narayana, Payavula, Paritala and Dhullipalla. Narayana went to court for defamation chages against those allegations. Payavula has shown the documents, stating he bought after the capital announcement, in assembly and challeged. G musukoni kurchunnaru YSRCP MLAs. Same with Paritala. Dhullipalla challenged to take those lands if they can show where he bought.

- After state reorgination bill, there were hundreds of news articles about capital coming either in Krishna/Guntur region, Dhonakonda, Vizag or Ongole. Many people who are settled in Hyd and wanted to invest either in potential capital region or native place started investing in the new state. Some of those investments are in Amaravati reagion (55K Acres ante huge land).

- There were also some buyings/sellings after 2014 elctions and before the Sivaramakrishnan committee (formed by centre) submits its findings to Govt. YSRCP Govt should focus on land registrations before the then Govt announced capital to the public and after the Sivaramakrishnan committee submits their report. But YSRCP Govt has not produced any thing so far from this period. They have access to all those registrations. And the land registrations didn't spike during that time. If they had collected prima facie, they would have gone to the court. They couldn't find anything. Hence they are just formed cabinent sub-committie (minsters) which doesn't have legal or constitutional sanctity and will not be considered by courts. That's exactly what happened now. They knew this. Now they are trying to project courts being baised against the Govt to people who can't understand the whole complexity.

-Dhammalapati and others went to the court because SIT which doesn't have legal santcity is after them. Court stayed the investigation. YSRCP Govt started spreading the news to show the courts in bad light. But they are igroning the fact that Dhammalapati and others wanted a SIT formed by neutral body which would be supervised by incubment or ex-judges.

Final ga half-knowledge paytm batch in social media trying to get some brownie points for YSRCP. That's working so far.

 

Clear gaa cheppa forget about jagga, courts etc ani. 

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