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The Supreme Court today directed the Telangana High Court to decide on merits the anticipatory bail plea filed by former CEO of TV9 V Ravi Prakash.
After the Telangana High Court dismissed Prakash’s anticipatory bail plea on May 22, he moved the Supreme Court seeking the same relief. The Supreme Court Bench of Justices Indu Malhotra and MR Shah, however, sent the matter back to the Telangana High Court, directing the High Court to decide the plea on merits.
V Ravi Prakash has been booked by the Hyderabad Police for cheating and forgery based on complaints filed by the new management of the TV9 media group, Alanda Media. The new management had alleged that Prakash was trying to disturb the new management through discreet methods.
Prakash made attempts to block the new management from taking over control of the TV9 media group. Prakash’s defence was that he has a 10 per cent stake in the company.
Previously, a Mauritius-based company filed a plea before the National Company Law Tribunal (NCLT) questioning the change of management on the grounds that it had made an investment in the TV9 group. This company later entered into a compromise with the old management on this issue.
Subsequently, Actor Sivaji had also moved the NCLT, Hyderabad objecting to the change of management of the TV9 group. However, this petition was dismissed.
Prakash had remained absent for police questioning on the pretext that this plea was pending before the NCLT.
When the Telangana High Court dismissed V Ravi Prakash’s anticipatory bail plea, the police was directed to follow the procedure as laid down under Section 41A of the Code of Criminal Procedure (CrPC) while dealing with him. Today, the Supreme Court directed Prakash to make himself available and cooperate with the police in the investigation.
The Supreme Court also instructed the state to give Prakash a notice of 48 hours in case the police wished to arrest him so that he can exercise his option of seeking anticipatory bail.
V Ravi Prakash was represented by Senior Counsel Abhishek Manu Singhvi and PS Patwalia. The State of Telangana was represented by Senior Counsel Ranjit Singh.
Read the Order: