HC: Don’t summon Ramoji firm depositors

Hyderabad, Aug.10: The Andhra Pradesh High Court on Friday directed the crime investigation department (CID) not to summon and secure deposit certificates of depositors of Margadarsi Financiers. Justice V. Eswaraiah passed interim orders after hearing the arguments on a writ petition filed by depositors of Margadarsi Financiers seeking a direction to restrain the CID from summoning them to record statements. The court granted three weeks to government to file a counter-affidavit. Advocate-general C.V. Mohan Reddy submitted to the court that the petition is not maintainable as the petitioner has no locus standi and the association itself was a fictitious one. The AG told the court that the government cannot give any undertaking not to summon the depositors.