IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD FRIDAY, THE FOURTH DAY OF DECEMBER TWO THOUSAND AND NINE PRESENT: HONOURABLE SRI JUSTICE P. SWAROOP REDDY CRIMINAL PETITION Nos.2867 OF 2008 AND 3024 OF 2009 CRIMINAL PETITION No.2867 OF 2008 Between: 1. M/s. Chakkilam Estates Limited, Rep. by its Managing Director C. Raghuram, 2. C. Raghuram ……Petitioners – accused Nos.1 & 2 AND The State of A.P., Rep. by the Public Prosecutor, High Court of A.P., Hyderabad & another .....Respondents CRIMINAL PETITION No.3024 OF 2009 Between: 1. M/s. Chakkilam Estates Limited, Rep. by its Managing Director C. Raghuram, 2. C. Raghuram ……Petitioners – accused Nos.1 & 2 AND The State of A.P., Rep. by the Public Prosecutor, High Court of A.P., Hyderabad & another .....Respondents HONOURABLE SRI JUSTICE P. SWAROOP REDDY CRIMINAL PETITION Nos.2867 OF 2008 AND 3024 OF 2009 COMMON ORDER: Criminal Petition No.2867 of 2009 is filed by the petitioners M/s. Chakkilam Estates Limited, represented by its Managing Director and C. Raghuram, accused Nos.1 and 2 respectively, seeking to quash the proceedings against them in Crime No.9 of 2008 of Central Crime Station, Hyderabad, registered for the offences under Sections 418, 420, 423, 464, 465 & 468 read with 120-B IPC. 2. Criminal Petition No.3024 of 2009 is also filed by the same petitioners seeking to quash the proceedings against them in C.C. No.48 of 2008 on the file of XII Additional Chie Metropolitan Magistrate, Hyderabad arising out of Crime No.7 of 2006 of Central Crime Station, WCO Team – V, Hyderabad, registered for the offence under Section 420 IPC. 3. Heard both sides. 4. In both the cases, the allegation against the petitioners is of mortgaging a site in favour of a financial institution by wrongly representing it as an old house in spite of flats being existing there and then selling the flats to the individual purchasers, registering them on their names and again registering the same flats on the names of his own people and taking loans. In fact, the allegations are of taking loans from more than two financial institutions for the same property by cheating several purchasers. 5. In the circumstances and considering the nature of offences, these are not at all fit cases for granting any relief, as such, both the petitions are liable to be dismissed. 6. Therefore, both the Criminal Petitions are dismissed. ____________________ P. SWAROOP REDDY, J December 4, 2009. PV