Bangalore, Apr 29 UNI | 3 months ago

The Karnataka High Court today dismissed a petition filed by private company Lex Property Developers, seeking a stay on the proceedings of disproportionate assets case against Tamil Nadu Chief Minister Jayalalithaa and others in a Special court here.

Justice Satyanarayan objected to the filing of the petition saying that it amounted to delaying the proceedings of the main case.

Ms Jayalalithaa has been charged with accumulating Rs 66 crore wealth disproportionate to known sources of income from 1991 to 1995 when she was Tamil Nadu Chief Minister.

The case had seen turns as the lower court had slapped Rs one lakh fine on Public Prosecutor Bhavani Singh for 'delaying' the proceedings. Later it was brought down to Rs 20,000 by the Supreme Court.

The Lex Property, of which Jayalalithaa and other accused were directors, approached the High Court after the special court here on March 14 dismissed its plea with Rs 10,000 as cost. Aggrieved, the company came back to the Madras High Court, which said the petitioners should go to Karnataka High Court for redressal.

Meanwhile, in the special court Special Public Prosecutor Bhavani Singh resumed the final arguments in Jayalalithaa case. The court posted the matter for hearing for tomorrow.

(Posted on 30-04-2014)