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2024 Supreme(Online)(TEL) 674

HIGH COURT OF TELANGANA
K.SURENDER, J
Panyam Shiva Rami Reddy – Appellant
Versus
State of A.P. rep.by C.I.D. – Respondent


ORDER

1. Criminal Revision Case No.593 of 2009 is preferred by A3 and Criminal Revision Case No.596 of 2009 is preferred by A1 and A2.

Since the revision petitioners are accused in C.C.No.561 of 2004, in which the revision petitioners were convicted, both the revisions are disposed of by way of this Common Order.

2. Briefly, the case of the prosecution is that A1 and A2 launched a scheme in the name of M/s.Sri Lakshmi Priya Nagar-II house sites scheme at the outskirts of the city in Abdullapurmet village of Hayathnagar Mandal. Wide publicity was given for sale of plots and accordingly several hundred members joined in the scheme and paid installment amounts, including registration charges.

Allegations are that; i) documents were not executed nor the money returned; (ii) Though sale deeds were registered, possession was not given; (iii) A1 executed sale deeds in favour of some of the members as G.P.A holder. However, his GPA was cancelled subsequently. (iv) thereafter, A1 and A2 closed their office and absconded. A3 to A6 were also responsible for running the company and cheating the victims.

3. The trial Court examined P.Ws.1 to 31 and marked Exs.P1 to





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