IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) FRIDAY, THE SEVENTEENTH DAY OF APRIL TWO THOUSAND AND NINE PRESENT THE HON'BLE MR JUSTICE N.V. RAMANA WRIT PETITION NO : 2922 of 2009 Between: 1 Stock Investors Hub, Rep by Financial Advisor & Power of Attorney Holder, Shri K.G Achuthan, having its Registered Office at Room No. 24, First Floor, Suharsha Towers, Shornur Road, Thrissur- 680 001 Kerala State 2 K.G. Achuthan, S/o. late Sri P.G. Menon, R/o. "GOPIKA", Rose Villas, Pulari nagar, Thalore Post, Thrissur - 680 306, Kerala ..... PETITIONER(S) AND 1 Union of India, Rep by its Cabinet Secretary, Having office at Cabinet Secretariat, Rashtapati Bhavan, New Delhi - 110 004. 2 Ministry of Personnel, Public Grivances and Pensions, Department of Personnel and Tranining Rep by its Secretary 3 Ministry of Corporate Affairs, 'A' Wing, Shastri Bhawan, Rajendra Prasad Road, New Delhi - 110 001.Rep by its Secretary 4 Serious Fraud Investigation Office, Rep by Director (SFIO) having its Office at Ministry of Company Affairs, 2nd Floor, 'B' Wing, Paryaveran Bhavan, CGO Complex, Lodhi Road, New Delhi. 5 Securities & Exchange Board of Idnia, rep by its Chairman, having its Head Office at Plot No. C4-A, 'G' Block, Bandra Kurla, Complex, Bandara (East), Mumbai 400 051. 6 The Govt. of Andhra Pradesh, rep by its Chief Secretary, Secretariat, Hyderabad. 7 The Director General of Police, Police Head Quarters, Lakdi Pul, Hyderabad. 8 Crime Investigation Department (CID) of Andhra Pradesh, Rep by its IGP (CID), Police Head Quarters, Lakdi Ka Pul, Hyderabad. 9 Central Bureau of Investivation (CBI), Rep by its Director, 1st Floor, Block No. 4, CGO Complex, New Delhi - 110 003. 10 Satyam Computer Services Ltd. Rep by its Board of Directors, having Registered Office at 1st Floor, Mayfair Centre, SP Road, Secunderabad - 500 003 11 R. Ramalinga Raju, Founder & Former Chairman, Satyam Computer Services, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 12 Rama Raju, Co Founder & Former CEO, Satyam Computer, Services Limited, Registered Office, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 13 Rama Mynampati, President & Former Member of the Board of Directors, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 14 Srinivas Vadlamani, Former Chief Financial Officer, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 15 V.P. Rama Rao, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 16 Dr. (Mrs) Mangala Srinivasan, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 17 Krishna G. Palepu, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 18 Vinod K Dham, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 19 Prof. Rammohan Rao, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 20 T.R. Prasad, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 21 Prof. V.V. Raju, Former Non Executive Director, Satyam Computer Services Limited, Registered Office Mayfair Centre, 1st Floor, 1-8-303/36, SP Road, Secunderabad - 500 003. 22 Price Waterhouse, Chartered Accounts, No. 8-2-293/82/A/1131a, Road No. 36, Jubilee Hills, Hyderabad - 500 082 Rep by its Partner, Srinivas Talluri, Father's Name : not known .....RESPONDENT(S) Petition under Article 226 of the constitution of India praying that in the circumstances stated in the Affidavit filed herein the High Court will be pleased to to issue an appropriate writ order or direction more specifically one in the nature of writ of mandamus to direct the respondent Nos. 6 , 7 & 8 to hand over the investigation with respect to the allegations in the 10th respondent company in the light of Annexure 2 letter issued by the 11th respondent, to the 9th respondent, Central Bureau of Investigation and to complete the investigation within a time frame, since unreaveling the systematic and sophisticated fraud committed over a long period is beyond the competence of the Andhra Pradesh CID Police Counsel for the Petitioner:MR.N.RAMACHANDRA RAO Counsel for the Respondent No.: MR.A.RAJASHEKAR REDDY (ASST SOLICITOR GEN) The Court made the following : ORDER: The 1st petitioner herein is the Stock Investors Hub having the registered office in Thrissur in Kerala State where as the 2nd petitioner is an individual. They filed this writ petition seeking a direction to entrust the investigation in to the accounting scam in M/s.Satyam Computer Services Limited, which was registered as Crime No.2 of 2009 of Crime Investigation Department Police Station, Hyderabad to the Central Bureau of Investigation (CBI). On 17.2.2009, when the matter was taken up, the learned Government Pleader for Home appearing for the State Government produced before this Court copy of the notification issued by the Government in G.O.Ms.No.100 dated 13.2.2009 deciding to entrust the investigation of the irregularities in M/s.Satyam Computer Services Limited to CBI. Thereafter the matter underwent several adjournments and the progress taken up in the investigation into the said crime has been brought to the notice of this Court. Today Sri T.Niranjan Reddy, the learned standing counsel for CBI has submitted that the case has been registered as Crime No.187 of 2009 and a charge sheet has already been filed in the said case and that they are probing further into the matter. In that view of the matter, I am of the considered opinion that there is no need to keep the writ petition pending any further. At this stage, the learned counsel for the petitioner submitted that the petitioners may be permitted to file an application seeking to reopen the case in future in case of any necessity. Accordingly, giving the liberty as sought for by the petitioners, the writ petition is closed. The Registrar (Judicial) is directed to keep the FIR filed before this Court in a sealed cover and keep it with him. N.V.RAMANA,J Dt.15.4.2009 msv