IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD (Special Original Jurisdiction) THURSDAY, THE FOURTH DAY OF JUNE TWO THOUSAND AND NINE PRESENT THE HON'BLE MR JUSTICE GODA RAGHURAM WRIT PETITION NO : 3253 of 2008 Between: 1 A.P. Federation of Chit Funds, 408, Swapnalok Complex, S.D. Road, Secunderabad-3, rep. by its Secretary General, Ch. Janardhan Reddy, S/o. Ch. Jayarami Reddy, 63 years. 2 M/s. Saptavandana Chits & Finances (P) Ltd, rep. by its Managing Director, Ch. Janardhan Reddy, S/o. Ch. Jayarami Reddy, aged 63 years, R/o. Flat No.408 and 409, Swapnalok Complex, Sarojinidevi Road, Secunderabad-43. 3 M/s. Vijay Bhargavi Chit Fund (P) Ltd., rep. by its Managing Director, Kodali Basava Rao, R/o. Flat No.207 & 208, Sri Datta Sai Commercial Complex, RTC 'X' Roads, Hyderabad. 4 M/s S.R. Chit Fund (P) Ltd., rep. by its Managing Director Ch. Raghavendra Rao, S/o. Venkataramaiah, R/o.5-8, 1st floor, Chanda Nagar, Hyderabad. 5 M/s. Sri Nilaya Chit Fund (P) Ltd., rep. by its Managing Director, A.B. Shankara Rao, S/o. Badrachalam, R/o.11-4-650/1, 1st Floor, Lakidakapool, Hyderabad. 6 M/s PCS Chits (P) Ltd., rep. by its Manager (Legal), Kasthuri Narasimha Rao, S/o. Rajeshwaraiah, R/o. Flat No.207, 2nd floor, 5-2-282, Mahavir Complex, Hyderbashti, Secunderabad. 7 M/s.S.S.V. Chit Fund (P) Ltd., rep. by its Managing Director G. Venkateswara Rao, S/o. Venugopal Rao, R/o. 404, Nagasuri Plaza, Plot No.8, Gayathri Nagar, Behind Mythrivanam, Ameerpet, Hyderabad. 8 M/s.A.N.G. Chit Fund (P) Ltd., rep. by its Managing Director U. Gopala Krishna, S/o. Gangaiah, R/o.102, Mahendra Residency, Near Aditya Park Hotel, Ameerpet, Hyderabad. 9 M/s. Kalpataruvu Chit Fund (P) Ltd., rep. by its Managing Director, Y. Subba Rao, S/o. Y. Venkateshwar Rao, R/o. 235 & 236, 1st Floor, Padmavathi Plaza, Opp. KPHB Colony, Kukatpally, Hyderabad. 10 M/s. Neeladri Chit Fund (P) Ltd., rep. by its Executive Director, B. Jangi Reddy, S/o. Ramachandra Rdddy, R/o. 1-10-233/B, Ashok Nagar Cross Roads, Hyderabad. 11 M/s.Satya Durga Chit Fund (P) Ltd., rep. by its Managing Director, T. Mohan Rao, S/o. Navaneetha Rao, R/o. V.T. Road, Ramagiri, Nalgonda District. 12 M/s.Suman Chit Fund (P) Ltd., rep. by its Managing Director K. Basava Rao, S/o. Late Madhusudhan Rao, R/o.4-1-288, 1st floor, Pasha Chambers, J.N. Road, Abids, Hyderabad. ..... PETITIONER(S) AND 1State of Andhra Pradesh, rep. by its Secretary (Registration and Stamps) Department, Secretariat, Hyderabad. 2State of Andhra Pradesh, rep. by its Secretary Legislative Affairs Department, Secretariat, Hyderabad. 3Inspector General of Stamps and Registration, Government of Andhra Pradesh, Hyderabad. 4Registrar of Chits, Government of Andhra Pradesh, Mojamjahi Market, Hyderabad. 5Registrar of Chits, Government of Andhra Pradesh, Kavadiguda, Secunderabad. 6Registrar of Chits, Government of Andhra Pradesh, Marredpalli, Secunderabad. 7Registrar of Chits, Government of Andhra Pradesh, Moosapet, Hyderabad. 8Registrar of Chits, Government of Andhra Pradesh, Golconda, Hyderabad. 9Registrar of Chits, Government of Andhra Pradesh, Hayathnagar, Ranga Reddy District. .....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 a writ of Mandamus or any other appropriate writ and direct the respondents to act in accordance with law and adjudicate and decide the chit disputes filed under Section 53-A of the A.P. Chit Funds Act, 1971 as amended by A.P. Ordinance No.11 of 2007, within time bound schedule of 3 to 4 months so as to enable the respective chit fund companies to execute the award in order to maintain continutiy of conducting of chit fund business, and grant such other relief as it deems fit in the circumstances of the case. Counsel for the Petitioner:MR.V.VENKATARAMANA Counsel for the Respondent No.: GP FOR REVENUE The Court made the following : THE HONOURABLE SRI JUSTICE GODA RAGHURAM W.P.NO.3253 OF 2008 ORAL ORDER It is represented by the learned counsel for the petitioners that the cause in the writ petition does not survive for adjudication. Recording the said submission the writ petition is dismissed as infructuous. No costs. _________________ GODA RAGHURAM,J 4th JUNE 2009 *TSNR