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Hyderabad High Court sets terms for Gali Janardhan Reddy's helicopter

Justice M. Satyanarayana Murthy directed OMC to furnish a bank guarantee of Rs 6.62 crore.

Hyderabad: The Hyderabad High Court has directed the special CBI court in the city to release the Bell 407 helicopter belonging to mining baron Gali Janardhan Reddy of the Obulapuram Mining Corporation (OMC).

Justice M. Satyanarayana Murthy directed OMC to furnish a bank guarantee of Rs 6.62 crore.

The judge granted the direction while dealing with a petition filed by OMC managing director B.V. Srinivas Reddy challenging the order of the CBI court which sought a personal bond of Rs 6.62 crore and immovable property belonging to KRR Exims Pvt Ltd, a group firm, as surety.

OMC furnished the property of KRR Exims Pvt Ltd as but did not put up the Rs 6.62-crore personal bond. The CBI court refused to release the helicopter.

OMC then moved the High Court stating that it was prepared to furnish a bank guarantee of Rs 6.62 crore instead of a personal bond.

The CBI did not object, and the judge directed the CBI court to release the helicopter after the petitioner furnished a bank guarantee.

The CBI during its investigation investigation into the Obulapuram mining scam had seized luxury cars and the helicopter, named Rukmini, belonging to Mr Janardhan Reddy and his family members and his company.

AP HC staff told to get GHMC nod
The Hyderabad High Court has directed the AP High Court Employees Mutually Aided Co-operative Housing Society not to make any further construction on its land at Gachibowli, without obtaining prior permission from the GHMC.

A division bench comprising Acting Chief Justice Ramesh Ranganathan and Justice J. Uma Devi was disposing of an appeal by housing society member Hus-sian Ali challenging an order passed by a single judge directing the GHMC not to interfere with the enjoyment of the land by the society.

The bench made it clear that the society could seek GHMC permission of construction.

( Source : Deccan Chronicle. )
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