IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) FRIDAY, THE FOURTH DAY OF DECEMBER TWO THOUSAND AND NINE PRESENT THE HON'BLE SRI JUSTICE C.V. RAMULU WRIT PETITION No.24440 of 2009 Between: Kulla Kishan ..... PETITIONER AND The Assistant Registrar of Chits, Karimnagar, Karimnagar District and two others .....RESPONDENTS ORDER: Heard both sides. It appears, the petitioner subscribed the chit, bearing No.FT-5ZF/35, for Rs.10,00,000/- with the respondent chit fund company in the month of September, 2008, and he has been paying the monthly instalments regularly. While that being so, on 26-07-2009, the petitioner became the highest bidder and thus, he was entitled to be paid an amount of Rs.6,79,500/-. According to the petitioner though he had furnished sufficient sureties of three Government Officials on 01-08-2009, as required under the law, for the purpose of payment of the prized amount, the third respondent has not released the prize money of Rs.6,79,500/-. The petitioner complains with regard to the payment of prized money and he made representations on 17-08-2009 and 05-09-2009 before the third respondent – the Margadarsi Chit Funds Private Limited, represented by its Manager, Karimnagar, seeking disbursement of the prized money with delayed interest, but in vain. Hence, this writ petition. According to the learned counsel for the petitioner the sureties furnished by the petitioner are sufficient and, therefore, there is no question of refusing to pay the prized money of Rs.6,79,500/- to the petitioner. On the other hand, the learned Government Pleader appearing for the respondents submits that the sureties furnished by the petitioner are not sufficient. Therefore, prized money cannot be released. In view of the facts and circumstances of the case, without expressing any opinion on merits, the first respondent is directed to dispose of the representations purported to have been filed by the petitioner, after hearing the petitioner as well as the other respondents, and pass appropriate orders, as per law, within a period of three weeks from the date of receipt of a copy of this order. The writ petition is accordingly disposed of. No order as to costs. _________________ C.V. RAMULU, J December 4, 2009 Pn THE HON'BLE SRI JUSTICE C.V.RAMULU WRIT PETITION No.24440 of 2009 December 4, 2009