Justice league

Zee out, Amar Singh interested in Agri Gold

Hyderabad: The scam-hit Agri Gold issue took another turn in the High Court on Monday with the Subhash Chandra Foundation of Essel-Zee group backing out of its offer to take over the company claiming it would be ‘economically unviable’. It cited that while the firm’s assets were valued at Rs 2,496 crore, debts were about Rs 10,000 crore.Further, the group told the court that political leader Amar Singh was interested in the matter and would hold discussions with the Andhra Pradesh government. It urged the court to grant another 10 weeks time for the purpose. Senior counsel Sriraghuram, representing the group, filed an affidavit in this regard. The bench, while rejecting the plea seeking more time, said that it was not concerned with the persons who were behind the screen. There was no objection if the state government was willing to take over the company, it noted and sought the government’s response. The counsel said that when some of the depositors met Amar Singh, the latter showed interest. He even told them that the government could also be a partner in doing justice to the depositors. The bench said the issue would be resolved only if the God or the government intervened, and adjourned the case to April 25.

Azad encounter case:HC stays all proceedings

Hyderabad: In a relief to concerned police personnel, the Hyderabad High Court on Monday stayed all further proceedings in the case pending before the Adilabad judicial first class magistrate court relating to encounter of top Maoist leader Azad alias Cherukuri Rajkumar. Justice Shameem Akther was passing this order in a petition filed by Raghunandan and 22 other policemen challenging the order of the district court.
Senior counsel T Niranjan Reddy, appearing for the policemen, pointed out that the accused policemen were not named as a party to the case filed before the district court. In March 2015, the magistrate court had dismissed their case by showing proper reasons and after satisfying with the available evidence. Besides, the complainants have not shown evidence to substantiate their allegations, he noted. Taking these submissions into consideration, the judge stayed the lower court proceedings, including personal appearance of the accused.