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2019 Supreme(SC) 637

N.V.RAMANA, MOHAN M.SHANTANAGOUDAR, INDIRA BANERJEE
A. R. Radha krishna – Appellant
Versus
Dasari Deepthi – Respondent


Advocates appeared:
For the Appellant : Y. Raja Gopala Rao, B.Mohan, Ms. Y.Vismai Rao, K.Sharat Kumar, Advs.
For the Respondent: Kaushal Yadav, Ms. Sunita Yadav, Nand Lal Kumar Mishra, Ms. Ankita Aggarwal, Ms. Shweta Yadav, S. Udaya Kumar Sagar, Ms. Bina Madhavan, Advs.

ORDER :

1. Leave granted.

2. These appeals, by special leave, are directed against the order dated 22.09.2017 passed by the High Court of Judicature at Hyderabad for the State of Telangana and the State of Andhra Pradesh in Criminal Petition Nos. 6508, 6530 & 6531 of 2017, whereby the High Court allowed the Criminal Petitions filed by respondent nos. 1 and 2 and set aside the cognizance order passed by the trial court.

3. The case of the prosecution in brief is that the appellant had entered into an investment agreement with M/s Dhruti Infra Projects Limited (accused no.1) on 01.12.2013 on the basis of representation of respondent nos. 1 and 2 herein, who were the Directors of the said Company. The appellant invested a total amount of Rs. 2,11,50,000/- in the said project. According to the appellant, as on 31.03.2016, a total amount of Rs. 1,81,50,000/- was left to be repaid to him along with applicable interest on it. Thereafter, upon several representations by the appellant, M/s Dhruti Infra Projects Limited agreed to repay the amount via issue of seven cheques in favour of the appellant. Six cheques for Rs. 25,00,000/- each and one cheque for Rs. 30,00,000/- were drawn on different










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