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2018 Supreme(Mad) 180

T.S.SIVAGNANAM
Cascade Energy Pte Ltd. , Rep. , by its Authorised Signatory, Rajiv Pradhan – Appellant
Versus
Union of India, Ministry of Finance, Rep. , by its Secretary, Dr. Hasmukh Adhia – Respondent


Advocates Appeared:
For the Petitioner: P. Chidambaram, M.S. Krishnan, V. Sankara Narayanan, Adeesh Anto
For the Respondents: G. Rajagopalan, A.P. Srinivas, A.N. Jayaprathap, P.H. Arvind Pandian, P.S. Raman, Sathish Parasaran, Sricharan Rangarajan, V. Venkatesan

ORDER :

1. These Writ Petitions question the orders passed under the Prohibition of Benami Property Transactions Act, 1988, as amended by Act No.43 of 2016, w.e.f. 01.11.2016 (hereinafter referred to as the “Act” for brevity).

2(i). The petitioner, in all these Writ Petitions, is M/s. Cascade Energy Pte Ltd., having its registered office at Singapore.

2(ii) In W.P.No.14626 of 2017, the petitioner seeks for issuance of Writ of Prohibition, restraining the official respondents from in any manner proceeding with the show cause notice, dated 19.05.2017, issued by the second respondent under Section 24(1) of the Act, calling upon the petitioner to show cause as to why 51% shares and debentures held by the petitioner in an Indian company Zynergy Solar Projects Pvt., Ltd (Zynergy India).

2(iii). In W.P.No.14627 of 2017, the petitioner seeks for issuance of a Writ of Certiorari, to quash the order dated 19.05.2017, issued under Section 24(3) of the Act, intimating the petitioner that pursuant to the provisional attachment of shares and debentures, enforced, the petitioner is restricted/p














































































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