Supreme Court rejects plea filed to stop fresh auction of Sadavarthi land

Tuesday, September 12, 2017
New Delhi/Hyderabad

The Supreme Court of India today rejected a plea filed by TDP activist Mandala Sanjeeva Reddy to stop fresh auction of Sadavarthi land saying there should be no attempts to close the eyes of the judiciary.

A Division Bench of Chief Justice of India Dipak Misra upheld the decision of the Division Bench of the Hyderabad High Court in August to hold fresh bids by fixing the minimum price as Rs.27.44 crore for the land. The court fixed the e-auction of the property for September 15 and the open auction for September 18. It will further hear the matter on September 22.

The Supreme Court ordered the petitioner in the High Court, YSRCP MLA Alla Ramakrishna Reddy to deposit Rs.27.44 crore with the Endowments Commissioner of AP towards the offer made in the court regarding purchase of Sadavarthi land to participate in the fresh auction. Sanjeeva Reddy represented by his advocate V.Giri had approached the court challenging the High Court order.

Ramakrishna Reddy had moved the High Court complaining that the 83 acres of land was sold in an auction, in which a limited number of bidders participated for a meagre amount of Rs.22.44 crore. He had alleged foul play in fixing the auction price and sought fresh auction. The government, however, contended that the best price was offered in the open auction.

Comment on this story