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2011 Supreme(AP) 675

NOOTY RAMAMOHANA RAO
V. Suryanarayhana Prabhakara Gupta – Appellant
Versus
Union of India, rep. by its Secretary, Ministry of Finance & Revenue, New Delhi – Respondent


Advocates Appeared:
For the Petitioner:Venkateswara Rao Gudapati, Advocate.
For the Respondents: Rajeev Avasthi, Spl. Counsel appearing On behalf of Ponnam Ashok Goud, Assistant Solicitor General.

Judgment :

The two petitioners herein are the wife and husband, who seek a writ of mandamus for declaring the Provisional attachment Orders dated 21-10-2010 as illegal and violative of Article 20 of Constitution of India and further, the action of the 4th respondent in initiating Adjudication under Section 8 of the Prevention of Money-Laundering Act, 2002 (henceforth referred to as “the PML Act”), as bad in law.

2. It is stated that the 1st petitioner was working, at the material point of time, as Senior Vice President & Global Head of Internal Audit of M/s. Satyam Computer Services Limited (henceforth referred to as ‘the Company’ for brevity). It is stated that the C.B.C.I.D., Hyderabad has registered a case in Crime No.2 of 2009 on 09-01-2009 for offences under Sections 120-B, 406, 420, 467, 471 and 477-A of the Indian Penal Code, 1860, against the then Chairman of the Company, its Directors, Auditors and others. It is further stated that the said complaint has been forwarded to the VI Additional Chief Metropolitan Magistrate, Hyderabad, on 12-01-2009. It is further submitted that pursuant to a notification dated 16-02-2009, the investigation has been entrusted to C.B.I. and the c


































































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