HC allows withdrawal of petitions in Siruseri Sipcot land sale

Chennai, Mar 01 (UNI) Madras High Court today allowed the withdrawal of the petitions, seeking a CBI probe into the alleged sale of Siruseri Sipcot land to a Singapore-based company in view of the Tamil Nadu Government's submission that the allotment had been cancelled.

A Division Bench comprising Chief Justice A P Shah and Ms Justice K Suguna said in view of the cancellation of allotment and the Memorandum of Understanding (MOU) with the government, the main prayer in the writ petitions do not survive. Therefore the petitions are allowed to be withdrawn, with the liberty to seek such remedies as available in law.

It was made clear that the order shall not affect the right of the allottee to question the cancellation order, the bench added.

Alleging that there were irregularities in the sale of Siruseri Sipcot Land to Singapore Realities Company, resulting in a loss of Rs 190 crore, the DMK Treasurer Arcot N Veerasamy sought a CBI probe into the sale, while one Rose S Nagarajan sought to quash the sale deed executed in favour of the company.

UNI XR ROY PK PM2007