D.S.R. VARMA, J :-Heard Sri C. Padmanabha Reddy, learned Senior Counsel, representing Sri S. Ravi, learned Counsel appearing for the appellant in Contempt Appeal No.3 of 2007; Sri Tushar Desai, learned Senior Counsel, representing Sri C. V. Narasimham, learned Counsel appearing for the appellants in Contempt Appeal Nos. 4, 5 and 7 of 2007; Sri L. Venkateswara Rao, learned Counsel appearing for the appellants in Contempt Appeal Nos.6 and 8 to 11 of 2007, as well as Sri B. Kantha Rao, learned Counsel, representing Sri A. V. Sivaiah, learned Counsel appearing for the respondent No.1, in all the Contempt Appeals.

2. Since all these contempt appeals do arise out of the same cause of action and the subject-matter is the same and also the facts and law are almost similar, they are being disposed of by this common judgment.

3. These contempt appeals are directed against the judgment, dated 3.8.2007, in Contempt Case No.915 of 2002, passed by a learned Single Judge of this Court in convicting respondent No.1 therein, who is the Promoter Director, as well as the other Directors of respondent No.3-Mis. Nagarjuna Finance Limited and sentencing them to suffer simple imprisonment for a period of 1

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