By S A Ishaqui
Hyderabad, April 30: The Andhra Pradesh High Court on Friday directed the managing director of the BMW India Pvt Ltd, Mr Peter Friedrich Kronschnabi, not to leave the country without furnishing security at a lower court in the Hyderabad city, as his presence was required in the investigation of a case pending against him.
Justice Samudrala Govindarajulu passed the interim direction by imposing conditions on Mr Kronschnabi while dealing with a petition filed by the BMW India Pvt Ltd which sought a direction to quash the criminal proceedings pending against it at the Hyderabad City’s Central Crime Station.
The CCS authorities registered a case against the company on alleged charges of fudging of retail sales figures and selling a defective car to a customer. GVR Infra Projects Ltd, represented by its managing director, Mr G Pavan Kumar, had lodged a police complaint against BMW.
The public prosecutor, Mr C Nageswara Rao, told the court that it has come to the notice of the investigation authorities that Mr Kronschnabi was transferred and he may leave the country at any moment and his presence is required to investigate the case.
The judge directed Mr Kronschnabi who is accused No. 2 in the case, to give a bank guarantee for Rs 3 lakh in favour of the II additional chief metropolitan magistrate court at Hyderabad and personal bonds of Rs 1 lakh each together with two sureties for the like some each to the satisfaction to the lower court before leaving the country.
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