Telangana HC sentences bankers for contempt of court

Hyderabad: A two-judge panel of the Telangana High Court comprising Justice M S Ramchandra Rao and Justice K Laxman on Friday held Union Bank Regional head Mr. CVN Bhasker Rao and Assistant General Manager of Saifabad Branch, Mr. Rajesh Kumar Singh in willful contempt of court. It imposed an imprisonment for two months and a […]

Hyderabad: A two-judge panel of the Telangana High Court comprising Justice M S Ramchandra Rao and Justice K Laxman on Friday held Union Bank Regional head Mr. CVN Bhasker Rao and Assistant General Manager of Saifabad Branch, Mr. Rajesh Kumar Singh in willful contempt of court. It imposed an imprisonment for two months and a fine of Rs.20,000 against Devender Reddy. S Anuradha and S Nagaraju filed a contempt case complaining of the violation of court orders. The petitioners maintained that they purchased a piece of land at Peerzadiguda, Uppal, Hyderabad from a vendor not knowing that there was a pending loan on it with Union Bank of India.

The petitioners paid initial amounts when the property was put for auction by the bank.  However, the bank favoured Devendra Reddy and confirmed auction in his favour accepting deposit from him. In November 2019, the court directed the bank and Devender Reddy to hand over the possession of the property to the petitioners, but the order was not implemented. The panel took note of the same in allowing the contempt case. It directed the bank officials to approach the Commissioner of Police Rachakonda, SHO Medipalli to secure the position of the property, and deliver the same to petitioners.

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Telangana High Court Advocates Association elections

Justice Amarnath Goud of the Telangana High Court on Friday refused to interfere with the Telangana High Court Advocates Association election, scheduled on June 30. P Padma Rao, an advocate of the Telangana High Court filed a case seeking conduction of Telangana High Court Advocates Association elections through secret ballot vote. The petitioner expressed concerns over the authenticity of holding elections, possibility of hacking and also the difficulty of some advocates in accessing digital voting system. The judge adjourned the case to July 01, a day after election.

Agri Gold Scam case

Two judge panel of Telangana High Court comprising Justice MS Ramachander Rao and Justice T Amarnath Goud on Friday continued hearing the writ petitions pertaining to Agri Gold scam. It may recalled that suspicion was raised on the bidders who purchased Agri Gold in the auction conducted by State Bank of India in Vijayawada as benamis. Advocate General of Andhra Pradesh informed the panel that according to the Crime Investigation Department report, the builder was not a benami. However, he pointed out that the auction price was 25 per cent lower than the market value. The panel opined that the auction rate is usually lower than the market rate and also stated that the amounts realised in the auction would be redeemed by the bank for adjusting the debts to bank. The State Bank of India also informed the court that despite their best efforts in the last 6 years they could not get any bidding higher. The judge directed the bid finalisation and the realisation of monies.

Pay compensation to single persons among Mallannasagar displaced

A two-judge panel of the Telangana High Court comprising Justice A Rajashekar Reddy and Justice Naveen Rao on Friday directed the Revenue Department to complete the Rehabilitation and Resettlement of all the single women and men in the Vemulaghat, Yetigadda under Mallanasagar project. It made clear that their properties cannot be used till the process is completed. The Revenue authorities informed the panel that all the cheques were ready. The panel stated every single person should be compensated and adjourned the case to July 09 for further hearing.

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