Saturday, January 31, 2009

Kampani files quash petition

By S A Ishaqui
Hyderabad, Jan. 30: Mr Nimesh N. Kampani, the former financial consultant and promoter-director of Nagarjuna Finance Ltd (NFL) on Friday filed a quash petition in the High Court.
Mr Kampani is wanted by the city police in a cheating case registered against Nagarjuna Finance Ltd on the complaint lodged by the depositors for non-payment of their deposits.
The petitioner contended that he was not responsible as the alleged offences were committed after his resignation from the company on April 28, 1999. The SC advocate, Mr Harish Salve, is most likely to appear on behalf of Kampani on February 2.

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