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Amaravati land case | Andhra HC quashes FIR by CID alleging insider trading of land in Amaravati

Updated Jan 20, 2021 | 10:55 IST
The Andhra Pradesh Crime Investigation Department (AP CID) had filed a case that insider trading took place in land dealings in Amaravati.
Representational image of Andhra Pradesh HC
Amaravati (Andhra Pradesh): The Andhra Pradesh High Court on Tuesday quashed an FIR registered by the state Crime Investigation Department (CID) alleging insider trading in land dealings in Amaravati Capital Region.
A bench of Justice Cheekati Manvendranath Roy on Tuesday, while quashing the FIR, observed that right to acquire property was a constitutional and legal right and since the lands were purchased from the sellers who willingly and voluntarily sold them to the petitioners, the said private sale transactions cannot be criminalized. ....

Kilaru Rajesh , Justice Cheekati Manvendranath Roy , Amaravati Andhra Pradesh , Crime Investigation Department , Andhra Pradesh Crime Investigation Department , Andhra Pradesh High Court On , Andhra Pradesh , Andhra Pradesh High Court , Amaravati Capital , Indian Penal Code , Indian Penal , First Information Report , Amaravati Land , Amaravati Land Case , Amaravati Land Insider Trading , கிளறு ராஜேஷ் , அமராவதி ஆந்திரா பிரதேஷ் , குற்றம் விசாரணை துறை , ஆந்திரா பிரதேஷ் குற்றம் விசாரணை துறை , ஆந்திரா பிரதேஷ் உயர் நீதிமன்றம் ஆன் , ஆந்திரா பிரதேஷ் , ஆந்திரா பிரதேஷ் உயர் நீதிமன்றம் , அமராவதி மூலதனம் , இந்தியன் அபராதம் குறியீடு , இந்தியன் அபராதம் , முதல் தகவல் அறிக்கை ,

Andhra HC quashes FIR alleging insider trading in Amaravati

The Andhra Pradesh High Court on Tuesday quashed an FIR registered by the state Crime Investigation Department (CID) alleging insider trading in land dealings i ....

Kilaru Rajesh , Justice Cheekati Manvendranath Roy , Amaravati Andhra Pradesh , Crime Investigation Department , Andhra Pradesh Crime Investigation Department , Andhra Pradesh High Court On , Andhra Pradesh , Andhra Pradesh High Court , Amaravati Capital , Indian Penal Code , Indian Penal , First Information Report , World Markets News , 415 Ipc , The Said , Transactions Cannot , Under The , The Indian , The High , Does Not , கிளறு ராஜேஷ் , அமராவதி ஆந்திரா பிரதேஷ் , குற்றம் விசாரணை துறை , ஆந்திரா பிரதேஷ் குற்றம் விசாரணை துறை , ஆந்திரா பிரதேஷ் உயர் நீதிமன்றம் ஆன் , ஆந்திரா பிரதேஷ் ,

HC quashes FIR by Andhra CID alleging insider trading of land in Amaravati

HC quashes FIR by Andhra CID alleging insider trading of land in Amaravati
ANI |
Updated: Jan 20, 2021 09:38 IST
A bench of Justice Cheekati Manvendranath Roy on Tuesday, while quashing the FIR, observed that right to acquire property was a constitutional and legal right and since the lands were purchased from the sellers who willingly and voluntarily sold them to the petitioners, the said private sale transactions cannot be criminalized.
The said private sale transactions cannot be criminalized and no criminal liability can be attributed to the petitioners in the facts and circumstances of the case to prosecute them for any offences much less for the offences punishable under Sections 420, 406, 409 and 120-B of IPC. ....

Kilaru Rajesh , Justice Cheekati Manvendranath Roy , Amaravati Andhra Pradesh , Crime Investigation Department , Andhra Pradesh Crime Investigation Department , Andhra Pradesh High Court On , Andhra Pradesh , Andhra Pradesh High Court , Amaravati Capital , Indian Penal Code , Indian Penal , First Information Report , High Court , Land Dealings , Quash Fir , Insider Trading , Ap Cid , கிளறு ராஜேஷ் , அமராவதி ஆந்திரா பிரதேஷ் , குற்றம் விசாரணை துறை , ஆந்திரா பிரதேஷ் குற்றம் விசாரணை துறை , ஆந்திரா பிரதேஷ் உயர் நீதிமன்றம் ஆன் , ஆந்திரா பிரதேஷ் , ஆந்திரா பிரதேஷ் உயர் நீதிமன்றம் , அமராவதி மூலதனம் , இந்தியன் அபராதம் குறியீடு ,