HIGH COURT OF TELANGANA
K.SURENDER, J
N.H.CHANDRAMOULEESHWAR REDDY AND ANOTHER – Appellant
Versus
THE STATE OF A.P. – Respondent
ORDER
1. This Criminal Revision Case is preferred by A1 and A2.
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.
3. The trial Court examined P.Ws.1 to 57 and marked Exs.P1 to P300 on behalf of the prosecution. Exs.D1 to D4 were marked on behalf of the defence. The trial Court found A1 to A4 guilty and sentenced them to undergo rigorous imprisonment for a period of two years each for the offence under Section 420 IPC. They were also convicted under Section 120-B IPC and sentenced to undergo rigorous imp
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