The writ petition No. 27101/2012 filed by NMart in Andhra Pradesh High Court was listed for Monday with the number 127 in the list of petitions to be heard.
However, the writ petition did not reach the Bench at the end of day at 4. 15 p.m. The petition is listed again for Tuesday with the number 111. However, it is unlikely to reach the Bench even Tuesday also.
If it does not reach the Bench on Wednesday also, it may be posted for next Monday.
The NMart filed the Writ of Mandamus to declare the action of the police officials in interfering with the civil disputes of the petitioner as illegal, arbitrary and appealed to the court to set aside the proceedings pending against the petitioner in FIR No. 154 of 2012 dated 23.8.2012.
The writ mentioned Corporate Frauds Watch as the fourth respondent.
In the earlier arguments, the government pleader assured the court that the police would not at all interfere in the civil disputes but would only act on the criminal activity of the company. However, Justice K C Bhanu directed the government pleader to file the affidavit.
It is most likely Justice K C Bhanu may dismiss the writ petition and that would empower the police to go ahead with the arrests of more people who joined the scheme and made others join.
Anyway, since the Government had extended assurance that the police would not interfere in civil disputes but it is the criminal case that they would like to investigate, the police would go ahead with investigation in all the NMart malls through out the State and look for any other bank accounts to be frozen.
Corporate Frauds Watch has been warning for the last several years not to fall prey to the evil designs of these crooks and it is sad that many people are falling for the bait of easy and quick money. They are easily carried away by the tall promises of huge returns by these crooks.
It is hoped that people would realise the futility of joining such schemes for easy and quick money and save their money for their kids instead of giving away to Gopals, Amways and others.