COURT ORDERS CASE AGAINST SUJANA MAN

A complaint of perjury on Sujana’s G.S. Raju has been filed.

The XI Additional Chief Judge of the City Civil Courts of Hyderabad has directed the Chief Ministerial Officer of the court to lodge a complaint of perjury against Sujana Universal Industries Ltd MD G. Srinivasa Raju.

The Additional Chief Judge was dealing with an application moved by the Mauritius Commercial Bank alleging that the MD has committed perjury by filing a false affidavit, which attracts charges under IPC Sections 91,193,199,200 and 206.

The bank had earlier moved a complaint before the court, alleging that the board of directors of Sujana Universal Industries had committed various offences under the IPC, including cheating, dishonest or fraudulent removal or concealment of property to prevent distribution among creditors, despite court orders to disclose details of all its assets, including bank accounts.

Counsel for the bank Sanjeev Kumar said, “The court, after conducting a preliminary inquiry, formed the opinion that it was expedient in the interest of justice that a detailed inquiry should be made into the offence of perjury against Srinivasa Raju. Accordingly, the court directed the Chief Ministerial Officer to lodge a complaint before the appropriate magistrate having jurisdiction”.