S.Julius v. The Director
Case brief
What is this about?
This Court dismissed the writ petition seeking direction to investigate alleged fund misappropriation by a company's directors, noting the complaint had already been forwarded to the Chief Vigilance Officer.
What did the court decide?
Writ petition closed with liberty to approach the appropriate forum; no investigation directed.
What the court decided
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Dated 04.06.2019
CORAM
THE HONOURABLE MR.JUSTICE A.D.JAGADISH CHANDIRA
WP.No.8958/2019 & WMP.No.9525/2019
S.Julius .. Petitioner
Vs 1.The Director Central Bureau of Investigation Plot No.5-B, CGO Complex, Lodhi Road, New Delhi 110003.
2.The Joint Director and Head of Zone Central Bureau of Investigation III Floor, EVK Sampath Building College Road, Chennai 600 006.
3,The Commissioner of Police O/o.The Commissioner of Police Vepery, Chennai 600 007. 4.M/s.Teepro Systems Ltd First Floor, No.25, First Main Road Gandhi Nagar, Adyar, Chennai 600 020.
5.Mr.Venkatesan Sankaranarayanan Chartered Accountant, [Resolution Professional of M/s.Teepro Systems Ltd] First Floor, No.25, First Main Road Gandhi Nagar, Adyar, Chennai 600 020. Also at, D-301, Sreevatsa Residency 10 GN Mills Post, Mettupalayam Road Coimbatore 641029. .. Respondents
Prayer:Writ Petition filed under Article 226 of the Constitution of India, praying for issuance of a writ of mandamus, directing the 1st and 2nd respondents to inquire into and investigate the siphoning, diversion and misappropriation of various funds from any public sector banks, financial institutions, operational creditors and the resultant scam caused by the erstwhile Directors/Promoters of the 4th respondent company who are the direct/indirect beneficiaries,
Issues for consideration
1 issue framed by the court
Whether the High Court is required to direct CBI to inquire into the alleged siphoning and misappropriation of funds.
Parties & counsel
- petitioner
S. Julius
- respondent
The Director Central Bureau of Investigation
- respondent
The Joint Director and Head of Zone Central Bureau of Investigation
- respondent
The Commissioner of Police O/o. The Commissioner of Police Vepery, Chennai
- respondent
M/s. Teepro Systems Ltd
Case details
As recorded by the court registry
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