Follow us on
 
 
  1. Hindi
  2. Tamil
  3. Telugu
  4. Malayalam
  5. Kannada

Pvt. Ltd. Companies Mushrooming Like Family Properties: High Court

IndiaGlitz [Tuesday, December 24, 2013]
Comments

The defence counsel of Dr. Mohan Babu was given a shock by the High Court of AP in the case of the Padmasri aaward controversy when the HC commented that Private Limited companies are stemming like mushrooms from within families.

At a point in the arguments, the defence counsel of Mohan Babu Anthony Reddy suggested that his client was innocent and it was the production house that was the culprit in mentioning 'Padmasri' before his client's name in the opening credits. The Judge asked who was the counsel of the production house '24 Frames Factory Pvt. Ltd.,' he was stunned to hear that he was indeed representing the production house too. The court was particularly harsh on the counsel asking him questions like the directors, their stakes and whether Mohan Babu himself was a stakeholder in it etc.

It was then the Judge commented about the Pvt. Ltd. Companies turning out to be mere family held firms and directed the company's IT returns for a scruitiny and warned the counsel Anthony Reddy that if any discrepencies are found, the company will be duly prosecuted apart from being slapped with contempt of court too.

The court directed the actors Mohan babu and Brahmanandam to return their 'Padmasri' awards in lieu of their misusage of the title as a prefix to their names in the opening credits of a movie 'Denikaina Ready'.




D For Dopidi 1st week schedules



Related News

 I became a slave to his talent : Mohan Babu
 'Yamaleela -2' songs to be filmed in Europe
 Sri Krishnadevaraya awards for Mohan Babu & Sharada
 Mohan Babu condemns Swaroopanand's comments on Sai Baba
 Mohan Babu's condolences to Telangana Shakuntala's family
 Mohan Babu hopeful of a bright future under Babu's rule
 Mohan Babu congratulates Telangana people & leaders
 Mohan Babu congratulates Modi, CBN and KCR
 SC orders Mohan Babu to file an affidavit
 RGV- Mohan Babu's 'Rowdy' first day collections

Other News

 Prabhas-Gopichand- Dil Raju combo soon
 'Pandaga Chesko' team in Pollachi
 Mahesh movie first schedule in Hyderabad
 'Ice Cream 2' release and 'Ice Cream 3' launch dates
 Allari Naresh movie titled 'Brother of Bommali'
 Raashi Khanna turns singer
 Varun Tej impresses everyone
 Will 'Rabhasa' be another blockbuster in NTR's career ?
 Sai Dharam Tej's 'Pilla Nuvvu Leni Jeevitham' releasing in...
 Allu Arjun-Trivikram's movie in three languages



Copyright 2014 IndiaGlitz. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




Hindi | Tamil | Telugu | Malayalam | Kannada
Home | Tell a friend | Contact Us | Advertise | Terms | Privacy Policy | RSS/Content Syndication | Submit Showtimes

Copyright 2014 IndiaGlitz.com. All rights reserved.