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Notices to Lokayukta, KEONICS on petition from industries

By Our Staff Reporter

BANGALORE, MARCH 20. Justice H.L. Dattu ordered issuance of notices to the Government, the Lokayukta, the Karnataka Industrial Areas Development Board (KIADB), and Karnataka State Electronics Development Corporation Ltd. (KEONICS) on a petition filed by Instruments Research Associates Ltd. and other companies located on Hosur Road.

The petition said the KEONICS factory and the ancillaries around it on Hosur Road were located on 337 acres of land in Doddathogur of Begur hobli. Udaya Reddy, who held power of attorney for Ramadev, approached the High Court claiming to be the owner of the land. The court dismissed the petition and asked Ramdev to prove his ownership in a civil court.

According to the petition, KEONICS did not execute the final sale deed in respect of the sub-allottees of the land, on the grounds that the KIADB had not handed over possession of the land.

The sub-allottees came to know that Ramdev had filed a complaint with the Lokayukta against the then KIADB Chairman and its members for "having prevented him" from obtaining compensation for the land. The petitioners challenged the Lokayukta proceedings and said these amounted to usurping the jurisdiction of the civil court. They wanted the court to stay the proceedings.

Case closed: The Karnataka High Court has decided to treat as closed a case pertaining to Abdul Kareem Telgi, the main accused in the fake stamp paper cases.

Justice Hulavadi G. Ramesh had asked the Stamp Investigation Team (STAMPIT) to file a status report on the investigation and quantify the loss to the exchequer. STAMPIT filed a report in the first week of March. When the case came up for hearing on Friday, the Special Public Prosecutor told the court that certain cases could not be heard by High Courts in view of the Supreme Court judgment. Mr. Justice Ramesh said the case may be treated as closed.

Notice to RBI, bank: Justice H.L. Dattu ordered issuance of notices to the Reserve Bank of India (RBI), Canara Bank, the Enforcement Directorate (ED), and the Union Finance Ministry on a petition filed by an export company in Bangalore.

The petitioner, Balaram M.L. of Vishnu Exports International, said he had been permitted by the RBI to export readymade garments to Europe and the U.S. He said he had asked Canara Bank to look after the foreign exchange aspects.

The company went into a loss and it was closed down sometime ago, resulting in loss of foreign exchange. The RBI asked the directorate to investigate the company for violations of the Foreign Exchange Regulation Act (FERA).

The directorate wrote to Vishnu Exports on September 24, 1998 asking it to submit details of its foreign exchange transactions. The petitioner approached Canara Bank and requested it to furnish the details.

The petitioner alleged that he had found fraudulent documents and letters from and to foreign banks, which revealed that the bank had failed to comply with FERA provisions. He urged the court to direct the RBI to investigate the violations and take action against Canara Bank under FERA and the Foreign Exchange Management Act.

Plea for water: Justice H.L. Dattu ordered issuance of notices to the Bangalore Water Supply and Sewerage Board (BWSSB) and the Bangalore Development Authority (BDA) on a petition filed by residents of BFW Layout in Laggere. The petitioners, Lakshminarayana Singh and three others, said they had been residing in BFW Layout for almost nine years. They said the layout had been formed by the BDA in 1990 and that they had paid all charges including for water and sanitation. However, the BWSSB had not yet provided drinking water to the layout. The petitioners urged the court to direct the water board to provide water.

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