CRLRC/243/2020 of Garapati Harihara Rao Vs M/s Shriram Equipment Finance Company Limited and 8 Others on 29 December 2023

1. M/s Shriram [Equlpment Finance ][Compaly ][Limited, ][(Amalgated. ][vide ][order]dated 31st [Marih'2016 ][passed by High Court Judicature ][at ][Madras pass ][rn]c.C ruo. 66/16) in [M/s'Shriram'Equipment Transport Finance ]9o'pinvLimited rep [by its authorized officer ][Rqjesh ].!gg [off ][at ][Mookambika ][Complex,]5io Ftoor'Nol 4 [Branch ][off ][H.No. ][1i-13-1274' ][3rd ][floor, ][Maspack.House']Nea' st Anns Hish [t"nol'i*=.J6[[3['-r.3ft"riIi,[xt^if]dated 31st [Marih'2016 ][passed by High Court Judicature ][at ][Madras pass ][rn]c.C ruo. 66/16) in [M/s'Shriram'Equipment Transport Finance ]9o'pinvLimited rep [by its authorized officer ][Rqjesh ].!gg [off ][at ][Mookambika ][Complex,]5io Ftoor'Nol 4 [Branch ][off ][H.No. ][1i-13-1274' ][3rd ][floor, ][Maspack.House']Nea' st Anns Hish [t"nol'i*=.J6[[3['-r.3ft"riIi,[xt^if]

2. -' Mts. Coastal [Projects Limited, ][Plot ][No. 304/0,.Road ][No. ][78, ][Beside]Fiamataya Studio, Film Nagar, iubilee-Hills,.HLderabad-33 Rep by itsbir""tor [GarapatiHdrihara ][Rao ][S/o ][Panduranga ][Mohan Rao']Fiamataya Studio, Film Nagar, iubilee-Hills,.HLderabad-33 Rep by itsbir""tor [GarapatiHdrihara ][Rao ][S/o ][Panduranga ][Mohan Rao']rtllinigrg

3. Corsiii Nivarthi[Sridhar chandrashekaran, ]Fro;ects Ltd., Plot No.304,-0,-Road [Aged ][Major, ]No..7.8-,.Beside [occ. ][whole ]peqmdayq.s]uqr^o:[time Director ][of]iiim't'..taoar.'Jubilee Hills. Hvderabad-33. [R/o ][H.NO. ][2-2-112911, ][Flat ][NO' ][101']irJ.atiirm [Road. ][Swagjruha ][Srinivas, ][New ][Nallakunta, Hyderabad-44]iiim't'..taoar.'Jubilee Hills. Hvderabad-33. [R/o ][H.NO. ][2-2-112911, ][Flat ][NO' ][101']irJ.atiirm [Road. ][Swagjruha ][Srinivas, ][New ][Nallakunta, Hyderabad-44]

4. subbineni [surendra, ][s/o ][Papaiah sabbineni Aged ][53 ][years, ][occ ][Director ][of]CoastalProjectsLtd.,PlotNo.304,-0,Bog{t!q.ZQ,.9"sidePadmalayastuclro'iiim-tlaoar.'.luUilee Hills,Hvderabad-33. [R/o ][Plot ][NO. 5'12-R, ][Road ][NO ][29']Jubilee Hills, [Hyderabad-33, Telangana ][State.]CoastalProjectsLtd.,PlotNo.304,-0,Bog{t!q.ZQ,.9"sidePadmalayastuclro'iiim-tlaoar.'.luUilee Hills,Hvderabad-33. [R/o ][Plot ][NO. 5'12-R, ][Road ][NO ][29']Jubilee Hills, [Hyderabad-33, Telangana ][State.]

5. Sharad Kumar, Aged Major, Occ. Additional Director of Coastal Projects [Ltd.]Ptot No.304,-0, Road No.78, Beside Padmalaya Studio, Film [Nagar, Jubilee]Hills, derabad-33. R/o H.No. 26-D, Shatabadi Vihar E-15, Sector-61, [Noida ][-]201307,Uttar PradeshPtot No.304,-0, Road No.78, Beside Padmalaya Studio, Film [Nagar, Jubilee]Hills, derabad-33. R/o H.No. 26-D, Shatabadi Vihar E-15, Sector-61, [Noida ][-]201307,Uttar Pradesh

6. Abbaraju Bhaskar Rao, S/o Narasimha Rao Aged about 53 [years, ]Occ.Authorised Signatory Of Coastal Projects Ltd., Plot No.304,-0, Road No.78,Beside Padmalaya Studio,Film Nagar, 4Jubilee Hills, Hyderabad-33. R/o H.NO.2-2-1 133/5/6/'t, Flat No.403, Sivanada Livings, Shivam Road, NewNallakunta Hyderabad 44Authorised Signatory Of Coastal Projects Ltd., Plot No.304,-0, Road No.78,Beside Padmalaya Studio,Film Nagar, 4Jubilee Hills, Hyderabad-33. R/o H.NO.2-2-1 133/5/6/'t, Flat No.403, Sivanada Livings, Shivam Road, NewNallakunta Hyderabad 44

7. Chinnamsetty Mohan Rao, S/o Chinnamasetty Sobhanadri Aged about 44years, Occ. Authorised Signatory of Coastal Projects Ltd., Plot No.304,-0,Road No.78, Beside Padmalaya Studio, Film Nagar, Jubilee Hills, Hyderabad-33. Rl/o Flat No. 104, Sai Lakshmi Nilayam Plot No. 125 and 126, Kavuri Hills,Jubilee Hills Hyderabad - 33 ... RESPONDENTS/ACCUSED No. 1, 3 to 7years, Occ. Authorised Signatory of Coastal Projects Ltd., Plot No.304,-0,Road No.78, Beside Padmalaya Studio, Film Nagar, Jubilee Hills, Hyderabad-33. Rl/o Flat No. 104, Sai Lakshmi Nilayam Plot No. 125 and 126, Kavuri Hills,Jubilee Hills Hyderabad - 33 ... RESPONDENTS/ACCUSED No. 1, 3 to 7

8. Mr.Ravi SankarDeverakonda Liquidator of M/s Costal Projects Limited,Having his office at Prestige St.Johnswood Apartment, No.S0,TavarakereMain road, Banglore-560029 Email ravi cacscma icai.orgHaving his office at Prestige St.Johnswood Apartment, No.S0,TavarakereMain road, Banglore-560029 Email ravi cacscma icai.org ,..RESPONDENT/PROPOSED ACCUSED

lA NO: 1 OF 2020 in Crl. R.C. No. 239 of 2020

Petition under Section 482 of Crl.P.C. praying that in the circumstancesstated in the affidavit filed in support of the petition, the High Court may bepleased to stay all further proceedings, including the appearance of the petitionerin C.C. No. 261 ol 2017 on the file of XXIV Special Magistrate, Hyderabad atErramanzil, pending disposal of the criminal revision petition.

Counsel for the Petitioner: SRI. V. SEETHARAMA AVADHANI

Counsel for the Respondent No.1: SRI PRAVEEN KUMARCHALLA

Counsel for the Respondent No.9: PUBLIC PROSECUTOR

CRIMINAL REVISION CASE NO: 210 of 2020

Criminal Revision Case under Sections 397 & 407 of Cr.P.C. against theOrder dated 06.02.2020 made in Crl. M. P No. 2957 of 2019 in C.C No. 260 of2017 on the file of the Court of the XXIV Special Magistrate, Hyderabad atErramanzil.

Between:

Garapati Harihara Rao, S/o Panduranga Mohan Rao, aged about 57 years, Occ.Presently Business, R/o plot no. 4, 2nd floor Silent Lake Valley, Road No.51,Extension Jubilee Hitls, Hyderabad-500033, ...PETITIONER/A-2

AND

1M/s Shriram Equipment Finance Company Limited, [(Amalgated ][vide ][order]dated 31st March 2016 [passed ]by High Court Judicature at Madras [pass ][in]C.P No. 66/16) in M/s Shriram Equipment Transport Finance [Company]Limited rep by its authorized officer Rajesh Reg off at Mookambika Complex,3rd Floor No. 4 Branch Off H.No. 12-13-1274, 3rd floor, Maspack [House,]Near st Anns High t'nolf*="J3[[3[x,r,"3'fi"r',-Ti^ixt*1dated 31st March 2016 [passed ]by High Court Judicature at Madras [pass ][in]C.P No. 66/16) in M/s Shriram Equipment Transport Finance [Company]Limited rep by its authorized officer Rajesh Reg off at Mookambika Complex,3rd Floor No. 4 Branch Off H.No. 12-13-1274, 3rd floor, Maspack [House,]Near st Anns High t'nolf*="J3[[3[x,r,"3'fi"r',-Ti^ixt*1

2M/s. Coastal Projects Limited, Plot No.304/0, Road No.78, BesidePadmalaya Studio, Film Nagar, [jubilee ]Hills, Hyderabad-33 Rep by itsManaging Director Garapati Harihara Rao S/o Panduranga Mohan Rao.Padmalaya Studio, Film Nagar, [jubilee ]Hills, Hyderabad-33 Rep by itsManaging Director Garapati Harihara Rao S/o Panduranga Mohan Rao.

Nivarthi Sridhar Chandrashekaran, Aged Major, Occ. Whole time Director ofCoastal Projects Ltd., Plot No.304,-0, Road No.78, Beside [padmalaya ]studio,Film Nagar,'Jubilee Hills, Hyderabad-33. Rio H.NO. 2-2-112911, Flat NO. ['101,]Ramalayam Road, Swagruha Srinivas, New Nallakunta, Hyderabad44.Coastal Projects Ltd., Plot No.304,-0, Road No.78, Beside [padmalaya ]studio,Film Nagar,'Jubilee Hills, Hyderabad-33. Rio H.NO. 2-2-112911, Flat NO. ['101,]Ramalayam Road, Swagruha Srinivas, New Nallakunta, Hyderabad44.

4Subbinenl Surendra, S/o Papaiah Sabbineni Aged 53 [years, ]Occ. [Director ][of]Coastal Projects Ltd., Plot No.304,-0, Road No.78, Beside Padmalaya [Studio,]Film Nagar, Jubilee Hills,Hyderabad-33. R/o Plot NO. 512-R, Road NO. [29,]Jubilee Hills, Hyderabad-33, Telangana State.Coastal Projects Ltd., Plot No.304,-0, Road No.78, Beside Padmalaya [Studio,]Film Nagar, Jubilee Hills,Hyderabad-33. R/o Plot NO. 512-R, Road NO. [29,]Jubilee Hills, Hyderabad-33, Telangana State.

ESharad Kumar, Aged Major, Occ. Additional Director of Coastal Projects [Ltd.]Plot No.304,-0, Road No.78, Beside Padmalaya Studio, Film Nagar, JubileeHills, derabad-33. R/o H.No. 26-D, Shatabadi Vihar E-15, Sector-61, Noida [-]2O13O7,Ullar PradeshPlot No.304,-0, Road No.78, Beside Padmalaya Studio, Film Nagar, JubileeHills, derabad-33. R/o H.No. 26-D, Shatabadi Vihar E-15, Sector-61, Noida [-]2O13O7,Ullar Pradesh 6Abbaraju Bhaskar Rao, S/o Narasimha RaoAged about 53 [years, ]Occ.Authorised Signatory Of Coastal Projects Ltd., Plot No.304,-0, Road No.78,Beside Padmalaya Studio,Film Nagar, 4Jubilee Hills, Hyderabad-33. R/o [H.]NO.2-2-1 133/51611,Flat No.403, Sivanada Livings, Shivam Road, NewNallakunta Hyderabad 44Authorised Signatory Of Coastal Projects Ltd., Plot No.304,-0, Road No.78,Beside Padmalaya Studio,Film Nagar, 4Jubilee Hills, Hyderabad-33. R/o [H.]NO.2-2-1 133/51611,Flat No.403, Sivanada Livings, Shivam Road, NewNallakunta Hyderabad 44

7Chinnamsetty Mohan Rao, S/o Chinnamasetty Sobhanadri Aged about [44]years, Occ. Authorised Signatory of Coastal Projects Ltd., Plot No.304,-0,Road No.78, Beside Padmalaya Studio, Film Nagar, Jubilee Hills, Hyderabad-33. R/o Flat No. 104, Sai Lakshmi Nilayam Plot No. 125 and 126, Kavuri [Hills,]Jubilee Hills Hyderabad - 33 ... RESPONDENTS/ACCUSED [No. 1, ][3 ][to ][7]years, Occ. Authorised Signatory of Coastal Projects Ltd., Plot No.304,-0,Road No.78, Beside Padmalaya Studio, Film Nagar, Jubilee Hills, Hyderabad-33. R/o Flat No. 104, Sai Lakshmi Nilayam Plot No. 125 and 126, Kavuri [Hills,]Jubilee Hills Hyderabad - 33 ... RESPONDENTS/ACCUSED [No. 1, ][3 ][to ][7]

BMr.Ravi Sankar Deverakonda Liquidator of M/s Costal Projects Limited,Having his office atr Prestige St.Johnswood Apartment, No.SO,TavarakereMain road, Banglore-560029 Email ravi cacscma icai.orgHaving his office atr Prestige St.Johnswood Apartment, No.SO,TavarakereMain road, Banglore-560029 Email ravi cacscma icai.org

...RESPONDENT/PROPOSED ACCUSED

lA NO: 1 OF 2020

Petition under Section 482 Crl.P.C. [praying ]that in the [circumstances]stated in the affidavit filed in support of the [petition, ]the High [Court may ][be]pleasecl to stay all further proceedings, including the appearance of the [petitioner]

in C.C. No. 26O or 2017 on the file of XXIV Special Magistrate, Hyderabad atErramanzil, pending disposal of the criminal revision petition.

CRIMINAL REVISION CASE NO: 243 of 2020

Criminal Revision Case under Sections 397 & 407 of Cr.P.C- against theOrder dated 06.02.2020 made in Crl. M. P No. 2959 ot 2019 in C.C No. 262 of2017 on the file of the Court of the XXIV Special Magistrate, Hyderabad atErramanzil.

Between:

Garapati Harihara Rao, S/o Panduranga Mohan Rao, aged about 57 years, Occ.Presently Business, R/o plot no.4,2nd floor Silent Lake Valley, Road No.51,Extension Jubilee Hills, Hyderabad-500033,Extension Jubilee Hills, Hyderabad-500033,

...PETITIONER/A-2

AND

1. M/s Shriram Equipment Finance Company Limited, (Amalgated vide orderdated 31st March 2016 passed by High Court Judicature at Madras pass inC.P No. 66/16) in M/s Shriram Equipment Transport Finance CompanyLimited rep by its authorized officer Rajesh Reg off at Mookambika Complex,3rd Floor No. 4 Branch Off H.No. 12-13-1274, 3rd floor, Maspack House,Near st Anns High t"nol'l*rrr'31?3[1nr,"otfi"rtT'ilX!,ffldated 31st March 2016 passed by High Court Judicature at Madras pass inC.P No. 66/16) in M/s Shriram Equipment Transport Finance CompanyLimited rep by its authorized officer Rajesh Reg off at Mookambika Complex,3rd Floor No. 4 Branch Off H.No. 12-13-1274, 3rd floor, Maspack House,Near st Anns High t"nol'l*rrr'31?3[1nr,"otfi"rtT'ilX!,ffl

2. M/s. Coastal Projects Limited, Plot No.304/0, Road No.78, BesidePadmalaya Studio, Film Nagar, jubilee Hills, Hyderabad-33 Rep by itsManaging Director Garapati Harihara Rao S/o Panduranga Mohan Rao.Padmalaya Studio, Film Nagar, jubilee Hills, Hyderabad-33 Rep by itsManaging Director Garapati Harihara Rao S/o Panduranga Mohan Rao.

3. Nivarthi Sridhar Chandrashekaran, Aged Major, Occ. Whole time Director ofCoastal Projects Ltd., Plot No.304,-0, Road No.78, Beside padmalaya studio,Film Nagar, Jubilee Hills, Hyderabad-33. R/o H.NO. 2-2-112911, Flat NO. 101,Ramalayam Road, Swagruha Srinivas, New Nallakunta, Hyderabad-44.Coastal Projects Ltd., Plot No.304,-0, Road No.78, Beside padmalaya studio,Film Nagar, Jubilee Hills, Hyderabad-33. R/o H.NO. 2-2-112911, Flat NO. 101,Ramalayam Road, Swagruha Srinivas, New Nallakunta, Hyderabad-44.

4. Subbineni Surendra, S/o Papaiah Sabbineni Aged 53 years, Occ. Director ofCoastal Projects Ltd., Plot No.304,-0, Road No.7B, Beside Padmalaya Studio,Film Nagar, Jubilee Hills,Hyderabad-33. R/o Plot NO. 512-R, Road NO. 29,Jubilee Hills, Hyderabad-33, Telangana State.Coastal Projects Ltd., Plot No.304,-0, Road No.7B, Beside Padmalaya Studio,Film Nagar, Jubilee Hills,Hyderabad-33. R/o Plot NO. 512-R, Road NO. 29,Jubilee Hills, Hyderabad-33, Telangana State.

5. Sharad Kumar, Aged Major, Occ. Additional Director of Coastal Projects Ltd.Plot No.304,-0, Road No.78, Beside Padmalaya Studio, Film Nagar, JubileeHills, derabad-33. R/o H.No. 26-D, Shatabadi Vihar E-15, Sector-61, Noida -201307,Uttar PradeshPlot No.304,-0, Road No.78, Beside Padmalaya Studio, Film Nagar, JubileeHills, derabad-33. R/o H.No. 26-D, Shatabadi Vihar E-15, Sector-61, Noida -201307,Uttar Pradesh

6. Abbaraju Bhaskar Rao, S/o Narasimha Rao Aged about 53 years, Occ.Authorised Signatory Of Coastal Projects Ltd., Plot No.304,-0, Road No.78,Beside Padmalaya Studio,Film Nagar, 4Jubilee Hills, Hyderabad-33. R/o H.Authorised Signatory Of Coastal Projects Ltd., Plot No.304,-0, Road No.78,Beside Padmalaya Studio,Film Nagar, 4Jubilee Hills, Hyderabad-33. R/o H.

NO. 2-2-1 133i51611 , Flat No. 403, Sivanada Livings, Shivam Road, NewNallakunta Hyder abad 44

7. K.Vasantha Laksmi, Aged major, Occ. Authorised Signatory of M/sCoastal Projects Ltd. Plot no. 304/0. Road NO. 78, Beside PadmalayaStudio, Film Nagar, Jubilee Hills, Hyderabad -33.Coastal Projects Ltd. Plot no. 304/0. Road NO. 78, Beside PadmalayaStudio, Film Nagar, Jubilee Hills, Hyderabad -33.

... RESPONDENTS/ACCUSED No. 1,3 to 7

8. Mr.Ravi Sankar Deverakonda Liquidator of M/s Costal Projects Limited,Having his office at Prestige St.Johnswood Apartment, No.S0,TavarakereMain road, Banglore-560029 Email ravi cacscma@ icai.orgHaving his office at Prestige St.Johnswood Apartment, No.S0,TavarakereMain road, Banglore-560029 Email ravi cacscma@ icai.org

...RESPONDENT/PROPOSED ACCUSED

lA NO: 1 OF 2020

Petition under Section 482 Cil.P .C. praying that in the circumstancesstated in the affidavit filed in support of the petition, the High Court may bepleased to stay all further proceedings, including the appearance of the petitionerin C.C. No. 262 or 2017 on the file of XXIV Special Magistrate, Hyderabad atErramanzil, pending disposal of the criminal revision petition.

Counsel for the Petitioner: SRI. V. SEETHARAMA AVADHANI

Counsel for the Respondent No.1 : SRI PRAVEEN KUMAR CHALLA

Counsel for the Respondent No.9 : PUBLIC PROSECUTORThe Court made the following: COMMON ORDER

THE HONOURABLE SRI JUSTICE K.SURENDER

CRIMINAL REVISION CASE Nos.239, 24O AND243 0F 20.20.

COMMON ORDER:

1Learned counsel for the petitioner seeks permission of thisCourt to withdraw the present Criminal Revision Cases on theground that the parties intend to settle the matter before the LokAdalatCourt to withdraw the present Criminal Revision Cases on theground that the parties intend to settle the matter before the LokAdalat

2. Permission is accorded.

3. Accordingly, this Criminal Revision Cases are dismissed aswithdrawnMiscellaneous petitions, if any, pending, shall standclosed SD/- M RAMANA [KRgfiNA,]DEPUTY REGIYTRAR./r -/YSECTION [OFFICER]

//TRUE COPY//

To

1 . The XXIV [Special Magistrate, ][Hyderabad-at ].Erramanzil'2. fwoCCs [to ][Public prosecutor, ][Uilfr ][Court ][for ][the ][State ][of ][Telangana ][at]

Hyderabad. [(OUT)]3oi," cEi" snt. [V. seETHARAMAAVADHANI, Advocate^l^gryc]]4o;; ca to SRl. [PRAVEEN KUMAR ][cHALLA, ][Advocate ][[oPUC]]5Two CD CoPiesDLADK

HIGH COURT

DATED:2911212023

COMMON ORDER

E. [STA ][I-€]1oq)L]oo? [s ][sEt ][2t?3].\tDE5 Ft-rC [']

CRLRC.NOS: 239,240 and 243 OF 2020

DISMISSING CRL.R.CS AS WITHDRAWN,

4