CRLP/7896/2024 of SSK HOUSING AND PROMOTERS LTD Vs THE STATE OF ANDHRA PRADESH

1 HN, J Crl.P.No.7896_2024 APHC010489912024 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3457] (Special Original Jurisdiction) THURSDAY ,THE TWENTIETH DAY OF MARCH TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE HARINATH.N CRIMINAL PETITION NO: 7896/2024 Between: Ssk Housing And Promoters Ltd ...PETITIONER/ACCUSED AND The State Of Andhra Pradesh and ...RESPONDENT/COMPLAINANT(S) Others Counsel for the Petitioner/accused: 1. LAKSHMINARAYANA V Counsel for the Respondent/complainant(S): 1. TATA MALLIKARJUNA RAO 2. PUBLIC PROSECUTOR 2 HN, J Crl.P.No.7896_2024 The Court made the following Order: 1. The learned counsel for the petitioner is aggrieved by the continuation of C.C.No.84 of 2023, on the file of I Special Magistrate Court, Vijayawada. The petitioner is arraigned as Accused No.1 in C.C.No.84 of 2023. 2. The learned counsel for the petitioner submits that the complaint under Sections 138 and 142 of the Negotiable Instruments Act, 1881, (for short, NI Act), is filed against the petitioner, representing by its Managing Director. It is also submitted that the Managing Director, in his individual capacity, is said to have borrowed an amount of Rs.15,00,000/- from