Court adjourns Margadarsi case

Saturday, March 17, 2007, 12:07 [IST]

Hyderabad, Feb 26 (UNI)A city court today adjourned the Margadarsi Financiers case without any arguments till February 28.

First Additional Metropolitan Sessions Judge S Anantasayana Prasad adjourned the hearing as the counsel for the financiers, owned by media baron Ramoji Rao, failed to appear when the judge called him.

Speaking to media here, Special Public Prosecutor S S Prasad said the CID had seized all documents related to receipts of deposits in 26 trunk boxes and 12 cartons and sealed them in four rooms in the Margadarsi head office. The documents had been seized by CID officials as per the court direction.

He said the government had approached the city court nagistrate to scrutinise the seized papers.

UNI

Topics: LAW-AP-MARGADARSI

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