Wednesday, August 19, 2009

AP High Court seeks report on Nagarjuna Finance Ltd probe

By S A Ishaqui

Hyderabad, Aug. 18: The AP High Court asked the public prosecutor for a report on the progress of investigations into the cheating case registered against Nagarjuna Finance Ltd (NFL) by Thursday.

Justice B. Seshasayana Reddy was dealing with a petition filed by Mr Nimesh N. Kampani, financial consultant and former promoter-director of NFL seeking bail.

Earlier the High Court and the Supreme Court had dismissed Mr Kampani’s bail plea and refused to quash criminal proceedings initiated against him under the AP Protection of Depositors of Financial Establishment Act, 1999.

Mr Kampani and other executives of NFL are under investigation for the firm’s alleged failure to return Rs 98.3 crore collected from 85,160 depositors in 1997-98.

Senior counsel, Mr C. Padmanabha Reddy, told the court that Mr Kampani was ready to pay Rs 1 crore as security and provide an assurance that he would cooperate with the investigators.

Admission in sports quota

Justice R. Subhash Reddy of the High Court directed the NTR Health University not to approve admissions made so far in MBBS under the sports quota.

The judge was dealing with a petition filed by Ms B. Mounica, questioning the action of convenor of Eamcet, NTR Health University and the Sports Authority of AP in not including her name in the sports and games merit list 2009. She said she had secured first and third positions in sailing championships in 2006 and 2007. The petition was posted for Monday.

Info on MBBS age relaxation

A division bench comprising Justice Ghulam Mohammed and Justice Nooty Ramamohana Rao sought to know from the government by Wednesday on what basis it allowed age relaxation to students aspiring to join the MBBS course.

The bench was dealing with a petition filed by Mr A. Mohan, father of 16-year-old Sai Deepak, seeking a direction to allow him for MBBS counselling. As per the guidelines of the Medical Council of India, candidates should complete 17 years of age as on December 31 of the year of admission.

Stay on 2nd shift colleges

The AP High Court on Tuesday stayed an order issued by the state government allowing engineering colleges to run polytechnic courses in second shift. The court asked the respondents to submit their replies.

Decision on CM on Sept. 9

A division bench comprising Justice D.S.R. Varma and Justice R. Kantha Rao said it was not informed of the facts of the petition filed on Idupulapaya land issue.

The bench was dealing with a petition filed the TD leader, Mr Ashok Gajapathi Raju, who contended that seven statutes were violated by the Chief Minister while surrendering assigned land in his Idupulapaya Estate.
The court said counsel for the petitioner had not mentioned facts and posted the case to September 9. The bench said it would be limiting its hearing to admissibility of the petition and issuance of notice to the Chief Minister and the revenue minister.

Info sought on flu masks

The AP High Court issued notices to the state government seeking its response to a public interest litigation that wants wearing of masks in public places mandatory to prevent the spread of the H1N1 virus. The petitioner, Mr Sridhar Reddy, executive director of SV Organic Pvt Ltd, said that people could get infected at public places.

No comments: