B.SUDERSHAN REDDY
Margadarsi Chit funt Pvt. Ltd. , Hyderabad – Appellant
Versus
Government Of A. P. – Respondent
( 1 ) THESE writ petitions may be disposed of by a common order, as the question that arise for consideration in all these writ petitions is one and the same.
( 2 ) THE petitioners are the companies/ firms. They are doing chit fund business in the State of Andhra Pradesh. The details of each one of the petitioner and particulars of their business activity and the number of branches they have in the State of Andhra Pradesh need not be noticed as such details may have no bearing whatsoever on the question that falls for consideration.
( 3 ) THE petitioners in this batch of writ petitions are aggrieved by the proceedings issued by the 1st respondent-Government of Andhra Pradesh dated 4-6-1992 contained in the Memo No. 78348/regn. II-2/91-92 which is purported to be in the nature of clarification issued at the instance of the 2nd respondent-Director of Chits and Inspector General of Registration and Stamps. Since the whole controversy revolves around the said Memo, it may be appropriate to notice the said memo: GOVERNMENT OF ANDHRA PRADESH REVENUE (REGN-II) DEPARTMENT Memo No. 78348/regn-II-2/91-92 Dated 4-6-1992 Sub: A. P. Chit Fund Act 1971 Registration of the B
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