B.SIVA SANKARA RAO
M. Venata Satya Ramu – Appellant
Versus
State, Represented by Public Prosecutor – Respondent
1) These Criminal Petitions are filed under Section 438 Cr.P.C by the same petitioner/A-1 in all the five crimes.
2) The respective reports for registering the crimes speak that:
(1). Crime No.3/2013 of Ravulapalem Police Station was registered on 05.01.2013 from the report of even date given by Ch.N.V.S.Reddy of Ravulapalem, for the alleged occurrences prior to 18.05.2012 at Soubhagya Projects Private Limited, (for brevity, ‘Soubhagya’) Ravulapalem, incorporated in 1998 engaged in the business of infrastructure development mostly in relation to Government projects and himself and his brother Chinnareddy, the promoters/share holders and directors besides his wife, his brother’s wife and their mother later admitted as shareholders in 2004 with averments in brief that he is the Managing Director of Soubhagya, with corporate office at Road No.10, Banjara Hills, Hyderabad with main office at Ravulapalem, that said Ramu with support of others supra in siphoning of money from the company account to an extent of Rs.10.00 crores detected by their administrative office staff, Ravulapalem and informed him which he could confirm. That Soubhagya appointed M/s.J.B.R.K & Co., chartere
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