Preliminary Prayer & Submission \u2014 Before the Additional Affidavit<\/title>\r\n<style>\r\n :root{\r\n --saffron:#C97A1E;\r\n --saffron-deep:#A6531A;\r\n --cream:#FFFDF7;\r\n --cream-alt:#FFF6E8;\r\n --ink:#2b2117;\r\n --ink-soft:#4a3b2a;\r\n --rule:#e7d3b3;\r\n }\r\n\r\n *{box-sizing:border-box;}\r\n\r\n body{\r\n margin:0;\r\n padding:0;\r\n background:var(--cream);\r\n color:var(--ink);\r\n font-family:\"Georgia\",\"Cambria\",\"Times New Roman\",serif;\r\n line-height:1.75;\r\n font-size:16px;\r\n -webkit-font-smoothing:antialiased;\r\n }\r\n\r\n .vrpt-doc{\r\n max-width:880px;\r\n margin:0 auto;\r\n padding:0 20px 60px;\r\n }\r\n\r\n \/* ===== Masthead ===== *\/\r\n .vrpt-masthead{\r\n background:linear-gradient(135deg,var(--saffron) 0%,var(--saffron-deep) 100%);\r\n color:#FFFDF7;\r\n padding:34px 34px 28px;\r\n border-radius:0 0 18px 18px;\r\n margin:0 -20px 32px;\r\n text-align:center;\r\n }\r\n .vrpt-masthead .court{\r\n font-size:0.82em;\r\n letter-spacing:0.08em;\r\n 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var(--rule);\r\n font-style:italic;\r\n }\r\n\r\n @media (max-width:600px){\r\n .vrpt-masthead{padding:26px 18px 22px;}\r\n .vrpt-masthead .heading1{font-size:1.15em;}\r\n .vrpt-title{font-size:1.2em;}\r\n .vrpt-section h2{font-size:0.95em;padding:10px 14px;}\r\n body{font-size:15.5px;}\r\n .vrpt-statute-wrap li{flex-direction:column;gap:2px;}\r\n }\r\n\r\n @media print{\r\n body{background:#fff;}\r\n .vrpt-masthead{background:#fff !important;color:var(--ink) !important;border:2px solid var(--saffron-deep);}\r\n .vrpt-section h2{background:#fff !important;color:var(--saffron-deep) !important;border:1px solid var(--saffron-deep);}\r\n }\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"vrpt-doc\">\r\n\r\n <div class=\"vrpt-masthead\">\r\n <p class=\"court\">In the High Court for the State of Telangana at Hyderabad<\/p>\r\n <p class=\"heading1\">Preliminary Prayer and Submission<\/p>\r\n <p class=\"heading2\">Before the Additional Affidavit<\/p>\r\n <\/div>\r\n\r\n <h1 class=\"vrpt-title\">Most Respectfully Sheweth<\/h1>\r\n\r\n <p>At the very threshold, the Petitioner\/Deponent most respectfully submits that the present Additional Affidavit is being placed before this Hon’ble Court not merely to controvert isolated allegations made against the Victims Rights Protection Trust (VRPT), but to bring to the notice of this Hon’ble Court a continuing, systematic and legally significant pattern of conduct on the part of Dr. Pantangi Kamalakar Sharma and the entities\/persons acting in concert with him, which, prima facie, appears calculated to obstruct, delay, divert and frustrate the lawful investigation, attachment, preservation, realisation and eventual restitution of monies\/assets claimed by a very large body of investors\/victims.<\/p>\r\n\r\n <p>The detailed facts, dates, proceedings, prayers made in successive Writ Petitions, judicial orders, attachment proceedings, appellate proceedings and subsequent attempts directed against VRPT are set out point-by-point in the accompanying Additional Affidavit, supported, wherever available, by official Court records and other documentary material.<\/p>\r\n\r\n <p>It is respectfully emphasised that the particulars relating to WP No.13025\/2024, WP No.28172\/2024 and WP No.29204\/2024 are not statements invented, manufactured or created by VRPT. They are matters reflected in the official online judicial record. The significance of those proceedings lies in the consistent nature of the reliefs sought therein.<\/p>\r\n\r\n <p>In WP No.13025\/2024, the principal accused approached this Hon’ble Court complaining of alleged harassment by police authorities including the concerned Police Stations and sought protection against investigation-related action.<\/p>\r\n\r\n <p>Thereafter, in WP No.28172\/2024, when CCS officials allegedly required cooperation and production\/submission of NOCs and connected documents before the learned Metropolitan Sessions Court, the very requirement of such cooperation was questioned before this Hon’ble Court.<\/p>\r\n\r\n <p>Again, in WP No.29204\/2024, when the Investigating Agency, in connection with Crime No.358 of 2023, sought particulars as to the amounts collected from donors, members and investors, the utilisation thereof, and supporting financial documentation, the notice requiring such information itself came to be challenged.<\/p>\r\n\r\n <p>Thus, the issue before this Hon’ble Court is not the mere exercise of a citizen’s constitutional right to approach a Court. No person can be faulted merely for invoking a legal remedy. The grave issue arises where judicial proceedings are repeatedly invoked, on shifting foundations, with the effect—or, if established by evidence, with the design—of preventing the truth from being ascertained, resisting production of material records, obstructing lawful investigation, postponing attachment and asset-realisation proceedings, and keeping substantial investors’ claims indefinitely trapped in litigation.<\/p>\r\n\r\n <p>The subsequent history assumes greater significance. The attachment proceedings before the competent Metropolitan Sessions Court culminated in orders making the attachments absolute. Challenges thereafter travelled further in appellate proceedings, including Criminal Appeal Nos.1040 to 1047 of 2025, which were dismissed by this Hon’ble Court on 22.06.2026. Yet litigation concerning the same broad subject matter has continued thereafter, including further proceedings instituted during 2026.<\/p>\r\n\r\n <p>The present attempt to characterise VRPT itself as wrongful, to restrain its activities, or to seek suspension\/interference with the Trust, therefore deserves examination not in isolation, but against the entire chronology.<\/p>\r\n\r\n <div class=\"vrpt-pattern\">\r\n <p style=\"margin:0 0 10px;font-weight:700;color:var(--ink-soft);\">The pattern that emerges requires judicial scrutiny:<\/p>\r\n <ul>\r\n <li>when the Police investigate — the investigation is characterised as harassment;<\/li>\r\n <li>when documents and accounts are sought — the demand itself is challenged;<\/li>\r\n <li>when statutory attachment proceedings are pursued — the attachment is challenged;<\/li>\r\n <li>when Governmental action\/Government Orders operate against the assets — such action is questioned;<\/li>\r\n <li>when the victims organise themselves and approach the constitutional Court seeking protection, identification, preservation, auction and distribution of assets — the victims’ organisation itself is sought to be restrained or discredited.<\/li>\r\n <\/ul>\r\n <\/div>\r\n\r\n <p>The Petitioner respectfully submits that a constitutional remedy cannot be permitted to be converted into a perpetual litigation shield behind which accountability to thousands of investors can be postponed indefinitely.<\/p>\r\n\r\n <p>Where successive proceedings are founded upon incomplete disclosure, suppression of material facts, mutually inconsistent stands, knowingly inaccurate averments, fabricated material or information calculated to misdirect a Court or a statutory authority, such conduct travels far beyond legitimate defence. It enters the field of abuse of the process of Court, fraud upon the judicial process and interference with the administration of justice, subject always to the facts being established on the judicial record.<\/p>\r\n\r\n <p>The Hon’ble Supreme Court has repeatedly held that jurisdiction under Article 226 of the Constitution of India is extraordinary, equitable and discretionary, and a litigant invoking such jurisdiction is under an overriding obligation to approach the Court with clean hands, clean heart and complete disclosure of material facts. Suppression of material information intended to secure an advantage has been judicially recognised as capable of amounting to fraud upon the Court. The Supreme Court has reiterated that a petition or affidavit containing misleading or inaccurate statements for an ulterior purpose may constitute an abuse of the judicial process. (<a href=\"https:\/\/api.sci.gov.in\/supremecourt\/2022\/31691\/31691_2022_11_1501_53922_Judgement_22-Jul-2024.pdf\" target=\"_blank\" rel=\"noopener\">Sci API<\/a>)<\/p>\r\n\r\n <p>The jurisdiction of this Hon’ble Court under Articles 226 and 227 of the Constitution of India is not merely remedial; it carries with it the constitutional responsibility to protect the purity of judicial proceedings and to ensure that the Court is not employed as an instrument for defeating lawful investigation or frustrating administration of justice. Article 227 additionally vests the High Court with supervisory jurisdiction over Courts and Tribunals within its territorial jurisdiction. (<a href=\"https:\/\/www.legislative.gov.in\/static\/uploads\/2025\/08\/cb1b190ea633a1746368ed1fac35fb30.pdf\" target=\"_blank\" rel=\"noopener\">Legislative Assembly<\/a>)<\/p>\r\n\r\n <p>The rights of the accused to due process undoubtedly require protection. Equally, Articles 14 and 21 of the Constitution cannot be viewed as operating solely for the benefit of an accused while the rights of victims to a fair, non-arbitrary and reasonably expeditious legal process remain unattended. The constitutional commitment contained in Article 39-A to equal justice further reinforces the obligation of the State machinery and the justice-delivery system to ensure that economic incapacity, age, vulnerability or multiplicity of victims does not render access to justice illusory.<\/p>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Prima Facie Statutory Consequences<\/h2>\r\n <\/div>\r\n\r\n <p>Without requesting this Hon’ble Court to prejudge any criminal liability, it is respectfully submitted that if the documentary record ultimately establishes deliberate falsehood, fabrication, suppression, destruction or concealment of evidence, false declarations, knowingly false information to public authorities, fraudulent concealment of property, obstruction of lawful public functions or a concerted agreement to accomplish such unlawful objects, the conduct may require examination under the relevant penal provisions applicable on the date of each act.<\/p>\r\n\r\n <p class=\"vrpt-statute-label\">For conduct governed by the Bharatiya Nyaya Sanhita, 2023, the provisions potentially relevant, depending strictly upon proof of their statutory ingredients, include:<\/p>\r\n <div class=\"vrpt-statute-wrap\">\r\n <ul>\r\n <li><span class=\"sec\">Section 61<\/span><span>Criminal Conspiracy<\/span><\/li>\r\n <li><span class=\"sec\">Section 212<\/span><span>Furnishing False Information<\/span><\/li>\r\n <li><span class=\"sec\">Section 216<\/span><span>False Statement on Oath or Affirmation to a Public Servant<\/span><\/li>\r\n <li><span class=\"sec\">Section 217<\/span><span>False Information with Intent to Cause a Public Servant to Exercise Lawful Power to the Injury of Another<\/span><\/li>\r\n <li><span class=\"sec\">Section 221<\/span><span>Obstructing a Public Servant in Discharge of Public Functions<\/span><\/li>\r\n <li><span class=\"sec\">Sections 227, 228 & 229<\/span><span>Giving False Evidence, Fabricating False Evidence and Punishment Therefor<\/span><\/li>\r\n <li><span class=\"sec\">Section 233<\/span><span>Using Evidence Known to be False<\/span><\/li>\r\n <li><span class=\"sec\">Sections 236 & 237<\/span><span>False Statement in a Declaration Receivable as Evidence and Using Such Declaration Knowing it to be False<\/span><\/li>\r\n <li><span class=\"sec\">Section 238<\/span><span>Causing Disappearance of Evidence or Giving False Information to Screen an Offender<\/span><\/li>\r\n <li><span class=\"sec\">Section 240<\/span><span>Giving False Information Respecting an Offence Committed<\/span><\/li>\r\n <li><span class=\"sec\">Section 241<\/span><span>Destruction\/Concealment of a Document or Electronic Record to Prevent its Production as Evidence<\/span><\/li>\r\n <li><span class=\"sec\">Sections 243 & 244<\/span><span>Fraudulent Removal, Concealment or Claims over Property Intended to Prevent Lawful Seizure\/Forfeiture (where the factual ingredients concerning property are established)<\/span><\/li>\r\n <\/ul>\r\n <\/div>\r\n <p>The BNS expressly contains these offences against lawful authority and administration of justice. (<a href=\"https:\/\/www.indiacode.nic.in\/handle\/123456789\/20062?view_type=browse\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>In respect of acts governed by the erstwhile Indian Penal Code, 1860, the corresponding provisions, subject to applicability and proof, include Sections 120-B, 177, 181, 182, 186, 191, 192, 193, 196, 199, 200, 201, 203, 204, 206, 207 and 209 IPC, amongst such other provisions as the competent Investigating Agency\/Court may find attracted.<\/p>\r\n\r\n <p>Importantly, where an offence relating to false evidence, false declarations or documents is alleged to have been committed in or in relation to proceedings before a Court, the statutory mechanism governing prosecution cannot be bypassed. Under the present procedural law, Section 215 of the Bharatiya Nagarik Suraksha Sanhita, 2023, read with Section 379 BNSS, provides for the Court concerned to consider whether an inquiry and written complaint are expedient in the interests of justice in respect of specified offences affecting the administration of justice. (<a href=\"https:\/\/www.indiacode.nic.in\/show-data?abv=CEN&actid=AC_CEN_5_23_00049_202346_1719552320687&orderno=215&orgactid=AC_CEN_5_23_00049_202346_1719552320687§ionId=91551§ionno=215&statehandle=123456789%2F1362\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>For proceedings governed by the previous Code, the corresponding statutory framework was contained in Sections 195 and 340 of the Code of Criminal Procedure, 1973. (<a href=\"https:\/\/www.indiacode.nic.in\/show-data?actid=AC_CEN_5_23_000010_197402_1517807320555&orderno=220\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>Similarly, where any act goes beyond legitimate pleading and actually prejudices, interferes with, or obstructs the due course of a judicial proceeding or the administration of justice, the matter may fall for consideration under Section 2(c) of the Contempt of Courts Act, 1971, subject of course to the statutory safeguards and procedure under that enactment. The statutory definition specifically includes acts which interfere or tend to interfere with the due course of judicial proceedings or obstruct administration of justice. (<a href=\"https:\/\/www.indiacode.nic.in\/show-data?actid=AC_CEN_3_3_00005_197170_1517807319029&orderno=2§ionId=21655§ionno=2\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>The Petitioner is not asking this Hon’ble Court to hold that every unsuccessful Writ Petition constitutes an offence or contempt. Such a proposition would be legally untenable.<\/p>\r\n\r\n <div class=\"vrpt-pullquote\">\r\n <p>The submission is narrower, but considerably more serious:<\/p>\r\n <p>If judicial proceedings are knowingly deployed through false statements, suppression of material facts, fabricated or misleading material, or successive inconsistent stands with the object of misleading the Court, diverting the Government, disabling the Police from performing statutory duties, concealing the true financial trail, protecting assets from lawful attachment, or indefinitely postponing restitution to victims, <strong>the judicial process itself becomes the instrument through which the alleged wrong is perpetuated.<\/strong><\/p>\r\n <p>Such conduct, if established, cannot claim the protection ordinarily accorded to bona fide litigation.<\/p>\r\n <\/div>\r\n\r\n <p>The Hon’ble Supreme Court has declared that fraud vitiates even solemn judicial proceedings and that a litigant withholding material facts to obtain advantage cannot demand equitable relief under Article 226. The Supreme Court has also cautioned that the judicial process cannot be permitted to become an instrument of oppression, abuse or subversion of justice. (<a href=\"https:\/\/api.sci.gov.in\/supremecourt\/2022\/31691\/31691_2022_11_1501_53922_Judgement_22-Jul-2024.pdf\" target=\"_blank\" rel=\"noopener\">Sci API<\/a>)<\/p>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Why Such Conduct Cannot Be Overlooked<\/h2>\r\n <\/div>\r\n\r\n <p>The present matter concerns not an ordinary bilateral commercial dispute, but allegations involving a very substantial body of investors and assets intended ultimately to answer their claims.<\/p>\r\n\r\n <div class=\"vrpt-pattern\">\r\n <p style=\"margin:0 0 10px;font-weight:700;color:var(--ink-soft);\">Accordingly, if a person who is required to explain the receipt and utilisation of investors’ funds is permitted:<\/p>\r\n <ul>\r\n <li>to challenge the Investigating Agency whenever financial information is demanded;<\/li>\r\n <li>to resist production of records;<\/li>\r\n <li>to repeatedly challenge attachment and protective measures;<\/li>\r\n <li>to maintain successive proceedings while assets remain vulnerable;<\/li>\r\n <li>and thereafter to seek restraint against the victims’ organisation which is attempting to place such matters before the Court,<\/li>\r\n <\/ul>\r\n <\/div>\r\n\r\n <p>the cumulative consequence would be to reward obstruction and penalise the victims for pursuing lawful remedies.<\/p>\r\n\r\n <p>That result would be fundamentally inconsistent with the rule of law.<\/p>\r\n\r\n <p>A Court cannot be expected to remain a passive spectator where its own process is prima facie sought to be employed to create delay, manufacture procedural impediments, obtain tactical protection, or project before Government and Police authorities a distorted impression that every legitimate step for investigation, attachment or victim restitution is sub judice and therefore incapable of being pursued.<\/p>\r\n\r\n <p>The pendency of litigation cannot, by itself, be transformed into a licence to indefinitely freeze lawful statutory functions unless there exists a specific judicial order restraining such functions.<\/p>\r\n\r\n <p>Nor can the expression “matter is pending before Court” be permitted to operate as a perpetual substitute for compliance with lawful investigative requirements or for accountability concerning the money and assets of investors.<\/p>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Therefore, The Petitioner Most Respectfully Prays<\/h2>\r\n <\/div>\r\n <p class=\"vrpt-prayer-intro\">That this Hon’ble Court may graciously be pleased:<\/p>\r\n <ul class=\"vrpt-prayer-list\">\r\n <li><span class=\"pletter\">a.<\/span><span>to take on record the accompanying Additional Affidavit and the point-to-point chronology of judicial proceedings and documentary material referred to therein;<\/span><\/li>\r\n <li><span class=\"pletter\">b.<\/span><span>to examine the successive proceedings instituted by the principal accused\/entities cumulatively rather than in isolation, for the limited purpose of determining whether there exists a continuing pattern of abuse of process, suppression, inconsistent pleading or litigation intended to obstruct investigation, attachment, asset preservation or restitution;<\/span><\/li>\r\n <li><span class=\"pletter\">c.<\/span><span>to direct that the pendency of any proceeding shall not be construed by any authority as an automatic embargo upon investigation, identification of assets, preservation of property, collection of records or other lawful statutory action, unless such action is expressly interdicted by a specific subsisting judicial order;<\/span><\/li>\r\n <li><span class=\"pletter\">d.<\/span><span>to direct the competent Police\/Investigating Agency and Government authorities to proceed strictly in accordance with law with the investigation, tracing of the money trail, identification of movable and immovable assets, preservation of relevant physical and electronic records, prevention of unauthorised alienations and all consequential lawful measures;<\/span><\/li>\r\n <li><span class=\"pletter\">e.<\/span><span>to protect the lawful functioning of VRPT insofar as it receives grievances\/documents from victims, places material before competent authorities and Courts, assists victims and seeks judicial or administrative remedies in accordance with law, unless any specific unlawful act is established against it through due process;<\/span><\/li>\r\n <li><span class=\"pletter\">f.<\/span><span>to reject any attempt to restrain or suspend the activities of VRPT merely because it has assisted victims in approaching constitutional\/statutory authorities or has filed Writ Petitions, Counter Affidavits, Applications or representations seeking enforcement of victims’ rights;<\/span><\/li>\r\n <li><span class=\"pletter\">g.<\/span><span>where this Hon’ble Court finds any material statement, declaration, affidavit or document to have been knowingly false, fabricated or deliberately misleading, to consider appropriate proceedings in accordance with the applicable provisions governing offences affecting the administration of justice, including Sections 215 and 379 BNSS, 2023 and the corresponding saved provisions of Sections 195 and 340 Cr.P.C., wherever applicable;<\/span><\/li>\r\n <li><span class=\"pletter\">h.<\/span><span>where the record establishes conduct amounting to interference with or obstruction of the administration of justice, to pass such orders as are permissible under the Contempt of Courts Act, 1971 and the inherent constitutional jurisdiction of this Hon’ble Court;<\/span><\/li>\r\n <li><span class=\"pletter\">i.<\/span><span>to direct the Investigating Agency, where legally warranted by the evidence, to independently examine whether any concerted acts disclose the ingredients of criminal conspiracy, intentional furnishing of false information, concealment\/destruction of evidence, fraudulent concealment of property, obstruction of lawful investigation or any other cognizable offence, without being influenced by the mere pendency of collateral proceedings;<\/span><\/li>\r\n <li><span class=\"pletter\">j.<\/span><span>to ensure that assets already attached or liable for lawful attachment are not dissipated, alienated, encumbered or otherwise placed beyond the reach of the victims during the pendency of proceedings;<\/span><\/li>\r\n <li><span class=\"pletter\">k.<\/span><span>to ensure that the process of identification, valuation, lawful realisation\/e-auction and eventual distribution of available assets to eligible victims is not indefinitely defeated by repetitive or collateral litigation;<\/span><\/li>\r\n <li><span class=\"pletter\">l.<\/span><span>to impose appropriate and exemplary costs, where this Hon’ble Court ultimately finds proceedings to have been instituted by suppression, falsehood or abuse of its extraordinary jurisdiction, so that judicial process is not utilised as a mechanism for delay; and<\/span><\/li>\r\n <li><span class=\"pletter\">m.<\/span><span>to pass such other or further order or orders as this Hon’ble Court may deem fit and proper in the interests of justice, protection of victims, preservation of the sanctity of judicial proceedings and advancement of the rule of law.<\/span><\/li>\r\n <\/ul>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Final Preliminary Submission<\/h2>\r\n <\/div>\r\n\r\n <p>The Petitioner respectfully reiterates that the detailed factual foundation for each of the above submissions is contained point-to-point in the Additional Affidavit that follows.<\/p>\r\n\r\n <div class=\"vrpt-pullquote\">\r\n <p>The present Preliminary Prayer does not seek conviction by allegation. It seeks something more fundamental:<\/p>\r\n <p>that the complete litigation history be judicially examined before any further protection is granted on a fragmented presentation of facts; that no Court, Government Department or Police authority be misdirected by incomplete or misleading representations; and that constitutional jurisdiction is not permitted to become an instrument for frustrating investigation and postponing restitution to victims.<\/p>\r\n <\/div>\r\n\r\n <p>The Court is the guardian of its own process. Where the process itself is shown, prima facie, to have been repeatedly invoked as a means of obstruction rather than bona fide redress, judicial non-intervention may unintentionally perpetuate the very prejudice which the administration of justice exists to prevent.<\/p>\r\n\r\n <p style=\"text-align:center;font-weight:700;color:var(--saffron-deep);font-size:1.1em;margin-top:30px;\">Hence this Prayer.<\/p>\r\n\r\n <p class=\"vrpt-footer-note\">Preliminary Prayer and Submission · Before the Additional Affidavit · High Court for the State of Telangana at Hyderabad<\/p>\r\n\r\n<\/div>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dad1c7b elementor-widget elementor-widget-html\" data-id=\"dad1c7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<!DOCTYPE html>\r\n<html lang=\"en\">\r\n<head>\r\n<meta charset=\"UTF-8\">\r\n<meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\">\r\n<title>Counter Affidavit \u2014 W.P. No.26667 of 2026 \u2014 Victims Rights Protection Trust<\/title>\r\n<style>\r\n :root{\r\n --saffron:#C97A1E;\r\n --saffron-deep:#A6531A;\r\n --cream:#FFFDF7;\r\n --cream-alt:#FFF6E8;\r\n --ink:#2b2117;\r\n --ink-soft:#4a3b2a;\r\n --rule:#e7d3b3;\r\n }\r\n\r\n *{box-sizing:border-box;}\r\n\r\n body{\r\n margin:0;\r\n padding:0;\r\n background:var(--cream);\r\n color:var(--ink);\r\n font-family:\"Georgia\",\"Cambria\",\"Times New Roman\",serif;\r\n line-height:1.7;\r\n font-size:16px;\r\n -webkit-font-smoothing:antialiased;\r\n }\r\n\r\n .vrpt-doc{\r\n max-width:880px;\r\n margin:0 auto;\r\n padding:0 20px 60px;\r\n }\r\n\r\n \/* ===== Masthead ===== *\/\r\n .vrpt-masthead{\r\n background:linear-gradient(135deg,var(--saffron) 0%,var(--saffron-deep) 100%);\r\n color:#FFFDF7;\r\n padding:34px 34px 28px;\r\n border-radius:0 0 18px 18px;\r\n margin:0 -20px 32px;\r\n text-align:center;\r\n }\r\n .vrpt-masthead .court{\r\n font-size:0.82em;\r\n letter-spacing:0.08em;\r\n 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margin:28px 0;\r\n }\r\n\r\n .vrpt-footer-note{\r\n text-align:center;\r\n font-size:0.85em;\r\n color:var(--ink-soft);\r\n margin-top:50px;\r\n padding-top:18px;\r\n border-top:1px dashed var(--rule);\r\n font-style:italic;\r\n }\r\n\r\n @media (max-width:600px){\r\n .vrpt-masthead{padding:26px 18px 22px;}\r\n .vrpt-masthead .case-no{font-size:1.2em;}\r\n .vrpt-title{font-size:1.35em;}\r\n .vrpt-section h2{font-size:1.02em;padding:10px 14px;}\r\n .vrpt-para{gap:10px;}\r\n body{font-size:15.5px;}\r\n }\r\n\r\n @media print{\r\n body{background:#fff;}\r\n .vrpt-masthead{background:#fff !important;color:var(--ink) !important;border:2px solid var(--saffron-deep);}\r\n .vrpt-section h2{background:#fff !important;color:var(--saffron-deep) !important;border:1px solid var(--saffron-deep);}\r\n }\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"vrpt-doc\">\r\n\r\n <div class=\"vrpt-masthead\">\r\n <p class=\"court\">In the High Court for the State of Telangana at Hyderabad<\/p>\r\n <p class=\"case-no\">W.P. No. 26667 of 2026<\/p>\r\n <div class=\"parties\">\r\n <div class=\"row\"><strong>Dhanwantari Foundation International (DFI) Trust<\/strong><\/div>\r\n <div class=\"row tag\">Represented by its Trustee, Dr. Pantangi Kamalakara Sharma<\/div>\r\n <div class=\"row tag\">\u2026 Petitioner<\/div>\r\n <div class=\"vs\">\u2014 And \u2014<\/div>\r\n <div class=\"row\"><strong>State of Telangana & Others<\/strong><\/div>\r\n <div class=\"row tag\">\u2026 Respondents<\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <h1 class=\"vrpt-title\">Counter Affidavit<\/h1>\r\n <p class=\"vrpt-subtitle\">On behalf of Respondent Nos. 4 to 6<\/p>\r\n\r\n <div class=\"vrpt-intro\">\r\n <p>I, <strong>Kalle Nagaraja Giri Prasad Sarma<\/strong>, S\/o. Kalle Nagaraju, aged about 55 years, Founder and Convenor of Victims Rights Protection Trust, Regd. No. 209 of 2025, having its office at Barkatpura, Hyderabad, being Respondent No. 5 herein, being acquainted with the facts, records and circumstances of the case and competent to depose on behalf of Respondent Nos. 4 to 6, do hereby solemnly affirm and state as follows:<\/p>\r\n <\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">I<\/span> Preliminary Submissions<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">1.<\/span><p>The present Writ Petition proceeds upon an incomplete and selective narration of events and seeks to portray Respondent No.4, Victims Rights Protection Trust (“VRPT”), as the source of allegations and disputes concerning Dhanwantari Foundation International and its associated entities. The contemporaneous record demonstrates that the investor transactions, demands for registration and refund, criminal investigation and statutory attachment proceedings had arisen substantially prior to the registration of VRPT.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">2.<\/span><p>VRPT was registered on 22.09.2025 under Document No.209 of 2025. Long prior thereto, investors had made payments to entities associated with DFI; investors were seeking registration of properties or repayment of monies; investment and bond documents had been surrendered for refund; Crime No.358 of 2023 had been registered by CCS, DD, Hyderabad; and statutory proceedings concerning attachment of properties had commenced.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">3.<\/span><p>VRPT functions as a victim-coordination and record-preservation body. It receives grievances and supporting records, organises such material, facilitates communication with statutory authorities, engages advocates wherever required and assists affected persons in approaching competent Courts and authorities. VRPT does not claim the powers of a police agency, adjudicating authority or Court and does not claim authority to determine criminal guilt, title or final investor entitlement.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">II<\/span> Criminal & Attachment Proceedings Predate VRPT<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">4.<\/span><p>Crime No.358 of 2023 was registered at CCS, DD, Hyderabad for offences including Sections 406 and 420 read with Section 34 IPC and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999. The said criminal proceedings materially predate the registration of VRPT.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">5.<\/span><p>In Criminal Petition No.4004 of 2024, the prosecution version concerning investments through DFI-related entities, including DFI Nirmaan Private Limited, Dharani Sheltors Private Limited, DFI Hospitals Private Limited, DFI Ventures Private Limited and other entities, was recorded. The record referred, inter alia, to investments, interest assurances, land\/plot transactions, bonds or debentures and alleged defaults in repayment. The Respondents rely upon the said order only to establish the existence and chronology of the investigation and not as a final adjudication of criminal guilt.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">6.<\/span><p>The petitioner itself relies upon and refers to the later Government attachment proceedings and orders of the competent Sessions Court. These proceedings arose from the pre-existing investor controversy and cannot reasonably be attributed to VRPT.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">III<\/span> Pre-Existing Investor Records & Internal Concerns<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">7.<\/span><p>One illustrative investor record is that of Sri Kasinadhuni Kameswara Rao. The available records include Dharani Sheltors Private Limited Receipt No.4617 dated 23.04.2012 for Rs.3,00,000\/- towards the Vijayawada Venture, Receipt No.4636 for Rs.33,000\/- relating to Plot No.357, a separate record of Rs.22,000\/- towards registration charges and corresponding ledger entries. These records require reconciliation with the underlying land, title, plot and registration records.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">8.<\/span><p>On 17.11.2022, Sri Kasinadhuni Kameswara Rao submitted original investment\/bond documents to DFI Ventures Limited seeking refund of Rs.1,50,000\/- and Rs.2,00,000\/-. The communication bears an inward acknowledgement dated 19.11.2022 and an endorsement concerning receipt of originals. Thus, a formal refund claim supported by original investment instruments existed nearly three years before VRPT was registered.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">9.<\/span><p>On 03.05.2024, the said investor furnished his investment particulars and supporting material to the present deponent. This further demonstrates that documentary investor grievances were being received substantially prior to registration of VRPT.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">10.<\/span><p>A further material document is the communication dated 16.05.2024 of Dr. A. Venkata Ratnam, who described himself therein as one of the founder members of DFI. He stated that DFI had originally been established with charitable and community-welfare objectives and raised serious concerns concerning subsequent private companies, use of the DFI name and logo and financial activities said to have been undertaken without the knowledge or approval of certain trustees.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">11.<\/span><p>The Respondents do not seek to treat the allegations in the said communication as proved merely because they were made by a person identifying himself as a founder member. Its relevance is chronological and evidentiary: serious internal concerns regarding DFI-linked commercial activity had been recorded in writing on 16.05.2024, approximately sixteen months before VRPT was registered.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">12.<\/span><p>A further communication has been received from Dr. B.N. Ravi Kumar, who identifies himself as a Governing Council Member and rotating Trust member associated with DFI. He states, inter alia, that rotating trustees were not involved in, informed about or called upon to approve commercial activities and that the Trust was intended for welfare activities. His statement is likewise placed as a representation requiring verification from the original Trust records.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">13.<\/span><p>The above statements raise a governance question requiring production of the original DFI Trust Deed, complete Trust Board minutes, attendance registers, resolutions concerning commercial entities, resolutions concerning use of the DFI name and logo, original accounts and all financial transactions between the Trust and connected entities. If the commercial activities were duly authorised, the corresponding resolutions and accounts should establish the same; if not, the use of the Trust identity and membership network requires independent examination.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">IV<\/span> VRPT Trust Deed, Legal Assistance & Registration Objections<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">14.<\/span><p>The petitioner selectively relies upon expressions in the VRPT Trust Deed referring to the alleged DFI financial fraud. Such wording must be read in the factual context existing on the date of registration. By 22.09.2025, Crime No.358 of 2023, investor complaints, refund claims, criminal proceedings and attachment proceedings were already in existence.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">15.<\/span><p>Respondent Nos.4 to 6 expressly state that no individual can be treated as finally guilty of a criminal offence except upon adjudication by the competent criminal Court. References in the VRPT records to fraud, cheating or victim grievances are references to the allegations, investigation and claims forming part of the criminal and connected proceedings, unless otherwise expressly stated.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">16.<\/span><p>The allegation that VRPT is engaging in unauthorised legal practice is misconceived. VRPT receives grievances, organises records and assists affected persons in obtaining lawful legal representation. Wherever representation by an advocate is required, proceedings are undertaken through duly engaged advocates. VRPT does not claim any statutory right for its trustees to practise law contrary to the Advocates Act.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">17.<\/span><p>The petitioner has referred to a Brahmins Help Desk account mentioned in the VRPT Trust Deed. The instrument itself disclosed the transitional position and contemplated an independent account. In any event, there is a fundamental distinction between voluntary charitable contributions received for lawful welfare activity and monies accepted from the public upon promises of interest, financial return, debentures, shares or property. VRPT has not been constituted as a deposit-taking or investment-return establishment.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">18.<\/span><p>The petitioner has also raised technical objections concerning settlor, corpus, beneficiaries, trustees and internal amendment provisions of VRPT. The allegations of fraudulent registration are denied. The registered instrument identifies the founding trustees, intended beneficiaries\/classes, objects, administration, fund utilisation and other provisions. Mere disagreement with wording or internal clauses does not by itself establish deliberate criminal falsehood or justify cancellation of the Trust.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">V<\/span> Lawful Participation of VRPT in Statutory & Judicial Proceedings<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">19.<\/span><p>VRPT approached this Hon’ble Court in W.P. No.17816 of 2026 seeking lawful directions concerning victim grievances, assets and statutory action. The proceedings are relied upon only to demonstrate that VRPT has pursued judicial and statutory remedies and not any private enforcement mechanism.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">20.<\/span><p>On 20.08.2026, the Assistant Commissioner of Police, EOW Team-VI, CCS, DD, Hyderabad issued notice under Section 94 BNSS to VRPT in Crime No.358 of 2023 and sought particulars concerning its members and trustees. The said notice is not relied upon as judicial certification of every activity of VRPT; it demonstrates that the statutory investigating agency is corresponding with VRPT in relation to affected DFI investors.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">21.<\/span><p>Respondent Nos.4 to 6 undertake to cooperate with CCS\/EOW and all other competent statutory authorities and to produce investor records lawfully required from them.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">VI<\/span> Vijayawada \/ Kanaka Durga Agraharam Venture<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">22.<\/span><p>The documentary record concerning the Vijayawada\/Kanaka Durga Agraharam Venture demonstrates that the underlying investor dispute predates VRPT by several years. Minutes and communications record difficulties in land procurement, mutation, passbooks, title deeds, NALA\/conversion, layout approvals, political circumstances, strikes, changes in land prices and other matters.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">23.<\/span><p>At different stages the records refer to approximately 18.12 acres, approximately 20 acres and other land figures. The exact extent acquired should therefore be established from certified title records rather than assumption.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">24.<\/span><p>The records also disclose that specific plot numbers and extents were communicated to some investors while procurement of further land and\/or statutory approvals remained incomplete. This raises a factual question whether the specific plots communicated to investors were legally identifiable and capable of conveyance at the time money was collected.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">25.<\/span><p>For every affected investor in the venture, the date of payment and allotment should therefore be compared with the date of Agreement of Sale with the original landowner, GPA, registered acquisition, NALA\/conversion, sanctioned layout and final registration.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">26.<\/span><p>The records further disclose written refund options carrying substantial rates of interest or compensation at different points in time. Certain 2014 material refers to 24% and 36% simple interest in specified circumstances, while later correspondence refers to lower rates including 10%. The contractual basis, Board resolutions, investor consent and accounting treatment underlying such changes require verification.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">27.<\/span><p>Dharani Sheltors’ Annual Day Minutes dated 16.03.2014 are material. The meeting was that of a private commercial company, yet Dr. P. Kamalakara Sharma participated on the dais described as Managing Trustee, DFI. The Minutes also referred to the Trust Board, discussed DFI Ventures investment opportunities, real-estate ventures, land procurement, layouts, registrations, revised plot prices, refund-interest policies and concluded with reference to a DFI religious programme.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">28.<\/span><p>The same Minutes referred to retired IAS and IPS officers associated with a Trust Board said to guide activities. The investigating agency should determine whether such representation reflected actual Board participation and resolutions or whether such reputation was invoked in member-facing communications without corresponding participation.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">VII<\/span> DFI Life Membership & Common Institutional Presentation<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">29.<\/span><p>DFI Life Membership communications dated 22.05.2012 and 29.09.2016 are highly material because they describe Dhanwantari Foundation International as a Trust intended to protect and promote the interests of the Brahmin community while simultaneously referring to ‘Commercial Establishments under DFI group of Companies’.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">30.<\/span><p>The same communications informed members of opportunities to participate as investors in such commercial companies and obtain benefits in proportion to their investment. They also identified ‘Dhanwantari Vani’ as an in-house publication through which DFI activities and subjects including tradition, religion, philosophy and health were communicated.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">31.<\/span><p>The evidentiary significance is not that separate companies automatically lose their legal personality. The relevant factual inquiry is how the Trust and the companies were represented to members and whether confidence generated through the Trust, its community identity and membership network was used in connection with commercial investments.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">32.<\/span><p>A registered Sale Deed bearing Document No.2965\/2008 further shows real-estate activity through M\/s. Dhanwantari Agraharam, described as a partnership firm, and identifies Dr. P. Kamalakara Sharma among persons representing that concern in GPA-cum-Agreement-of-Sale based land transactions. The relationship between the partnership concern, DFI Trust and later private limited companies should be established through the partnership deed, Trust resolutions, capital accounts, bank records and land records.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">VIII<\/span> DFI Nirmaan Agreement, Refund Structure & Debentures<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">33.<\/span><p>An agreement dated 25.04.2017 of DFI Nirmaan Private Limited records receipt of Rs.9,00,000\/- towards a proposed plot arrangement at Sri Venkatesa Agraharam, Tirupati. The company undertook to offer a plot within approximately 90 days; if a plot was not offered or was not acceptable, the amount could be demanded back with compensation stated at approximately 16% per annum, and the arrangement could continue until refund.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">34.<\/span><p>The agreement presently available does not itself identify a specific survey number, registered title deed number, exact plot number, approved layout number or complete title particulars. The representation that the company ‘has land’ should therefore be verified against the actual title position existing on the date of the agreement.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">35.<\/span><p>A subsequent refund demand dated 20.10.2022 sought return of the Rs.9,00,000\/- amount under the said agreement. The company books and bank records should establish whether the amount and contractual compensation were discharged.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">36.<\/span><p>The importance of this transaction lies in its economic substance. A substantial sum could remain with the company beyond the stipulated period while an annual monetary return or compensation accrued until repayment. The true character of such arrangements therefore depends upon their substance, implementation, investor understanding and accounting treatment, not merely the label ‘advance’.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">37.<\/span><p>A separate Debenture Certificate dated 07.03.2019 issued by Dharani Sheltors Private Limited records 6,000 unsecured partly convertible debentures of Rs.100\/- each, representing Rs.6,00,000\/-, for a period of three years, with approximately 13% interest and quarterly interest payment. The complete debenture register, statutory filings, subscription accounts, interest-payment records, redemption records and outstanding liabilities should be obtained.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">38.<\/span><p>A further agreement effective from March 2022 issued by DFI Ventures Limited records approximately Rs.5,00,000\/- towards a proposed Bangalore venture and contains a substantially similar 90-day plot\/refund structure with approximately 12.5% annual compensation. The repetition of substantially similar structures through different DFI-associated entities over different years requires system-wide examination rather than treatment as isolated contracts.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">IX<\/span> Illustrative Investor Cases<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">39.<\/span><p>Smt. P.N.V. Devi Prashanthi produced DFI Nirmaan Private Limited Receipt No.3813 dated 10.11.2018 acknowledging Rs.4,82,139\/-. Her representation states that the payment related to a proposed land transaction at Papanaidupeta\/Tirupati.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">40.<\/span><p>The receipt itself does not identify the plot number, survey number, extent, Agreement of Sale particulars, project particulars, approval particulars or allotment details, and the printed column ‘TOWARDS’ is left blank. Her statement that registration was not completed and satisfactory property particulars were not furnished should be independently checked against the original receipt book, counterfoil, ledger, bank account, title deeds, layout records and statutory approvals.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">41.<\/span><p>The case of Smt. D. Sarada Rani relating to Vijayawada Plot No.81 provides another example. Her representation refers to payments made in 2012 towards a proposed 350 square yards plot. DFI Investments, by e-mail dated 29.11.2025, acknowledged the transaction, stated that the earlier layout had not fructified, referred to unresolved farmer-land and approach-road issues and proposed either alternative farm land or a quantified refund with interest.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">42.<\/span><p>The said correspondence requires reconciliation with the original receipts because the handwritten representation presently identifies payments totalling Rs.5,25,000\/-, whereas DFI’s subsequent e-mail refers to an investment figure of Rs.8,75,000\/-. The Respondents do not seek to resolve that discrepancy by assumption; complete receipts, cheque records, ledger entries and registration-charge records must establish the actual amount.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">43.<\/span><p>A further issue concerning Plot No.81 is whether a specific plot could have been allotted and registration charges collected when the subsequent correspondence itself stated that the layout had not fructified and underlying farmer-land and access issues remained unresolved.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">44.<\/span><p>In another Vijayawada record concerning Plot No.106, a specific plot number, extent, rate, amount paid and balance were communicated while the company’s own communications indicated that further land procurement and NALA\/layout processes remained pending. The legal identity and title basis of that plot at the date of allotment therefore require verification.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">45.<\/span><p>The representation dated 18.04.2024 of Sri Mudigonda Veerabhadra Sarma concerns payments of approximately Rs.1,95,000\/- connected with Plot No.106. Available company records are stated to reflect corresponding payments and ledger entries. The company bank, title and refund records should establish the final position.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">46.<\/span><p>The Vijayawada records also disclose proposals to shift or accommodate investors in other ventures including Vizag, Kanchikacherla, Bangalore\/Devanahalli, Yadadri\/Yadagirigutta and Siddipet\/Ananthasagar. Every such transfer should be traced from the original liability to the substitute transaction, including original principal, interest\/compensation, value carried forward, additional amount collected, substitute property, survey number, title, approvals, registration, refund and final outstanding liability.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">47.<\/span><p>A representation dated 16.04.2024 was received from Sri Cheruvu Rama Krishna concerning Ananthasagar. He states that approximately Rs.1,00,000\/- had been paid in 2008 towards an intended one-acre holding and raises issues concerning location\/access, development, LRS-related amounts and recurring development\/maintenance demands. These allegations require verification against original title documents, passbooks, receipts, layout records and DFI correspondence.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">48.<\/span><p>Separate documentary schedules relating to Ananthasagar contain structured LRS, development and maintenance charges for categories including GCM, Donor-I, Donor-II and plot holders. The investigating authority should identify total collections under these heads and compare them with actual expenditure upon roads, drainage, electricity, water facilities, survey\/demarcation and maintenance works.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">X<\/span> Dhanwantari Vani & DFI’s Own Public Representations<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">49.<\/span><p>The July 2023 issue of ‘Dhanwantari Vani’ is highly material because DFI’s own Life Membership communications identify it as an in-house publication. The publication combines DFI organisational information, community and religious content, medical and welfare activities, real-estate ventures, investment information, commercial-company advertisements and bank\/payment details.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">50.<\/span><p>The publication identifies Dr. Pantangi Kamalakara Sharma as Editor and records that it was printed\/published through DFI Publications Private Limited. Statements appearing therein concerning DFI projects and financial matters are therefore relevant contemporaneous representations from within the DFI institutional structure.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">51.<\/span><p>The July 2023 editorial material refers to difficulty in properly paying investors’ principal and interest from around the year 2022 and states that monies had become blocked in various ventures. It further refers to disposal of plots and generation of funds for regularising outstanding investor issues.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">52.<\/span><p>This chronology is significant because Crime No.358 of 2023 was registered subsequently. DFI’s own publication therefore indicates that repayment difficulty materially predated registration of the FIR and requires consideration whenever a later explanation attributes the inability to repay solely to CCS action or subsequent attachment.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">53.<\/span><p>The same publication refers to approximately Rs.8 crores having been invested by members in the form of debentures in connection with a hospital project. The figure is relied upon as DFI’s own published representation and requires verification through debenture registers, bank accounts, statutory filings and audited financial statements.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">54.<\/span><p>The publication describes DFI Nirmaan Private Limited in connection with the real-estate activities of Dhanwantari Foundation International; contains a Dharani Sheltors Private Limited real-estate promotion; describes DFI Infra Projects Private Limited as one of the commercial wings of Dhanwantari Foundation International; and describes DFI Ventures Limited as an investments and real-estate wing of the DFI group.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">55.<\/span><p>One Dharani Sheltors advertisement further contains a representation that a portion of profit would be transferred to Dhanwantari Foundation International Charitable Trust for development works including educational institutions and hospitals. The actual existence, amount and accounting treatment of any such transfers should be verified from the books and bank accounts of both entities.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">56.<\/span><p>The DFI Lands Department pages in the same publication contain land-venture information, development and maintenance material and banking particulars for different DFI-associated entities. Thus, one common publication was used to communicate projects, charges, payment terms and banking information of multiple DFI-linked entities.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">57.<\/span><p>The Respondents do not contend that combining religious or charitable material with commercial advertisements is by itself unlawful. The relevant question is whether the charitable\/community reputation and membership network were used as part of the credibility framework through which members entered commercial investment or land transactions. That issue is capable of objective examination through the publications, promotional material and investor evidence.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XI<\/span> DFI Website & Electronic Records<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">58.<\/span><p>Screen captures dated 22.08.2026 of the public-facing Dhanwantari Foundation International website display Dr. P. Kamalakara Sharma as Founder & Managing Trustee, DFI, and display a common platform containing Membership, DFI Activities, Trusts, DFI Brochures, Online Pay, Dhanwantari Vani, DFI Donations and other service\/project information.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">59.<\/span><p>The website displays membership categories including GCM, Donor-I, Donor-II, Life Membership, Premier Membership and General Membership and displays an aggregate membership figure of approximately 2,52,762. The Respondents do not place that figure as a verified investor count; it is relevant as DFI’s own public representation of the scale of its membership\/community network.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">60.<\/span><p>The website also displays an Online Pay facility, donation-related material and fee-related course information. The Respondents do not infer from a screenshot alone that any particular post-attachment payment was completed. The underlying server records, payment mappings, bank accounts, transaction logs, membership database and administrator access records should, however, be preserved and verified.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">61.<\/span><p>Complete electronic copies of the website, source files, hosting\/server records, Dhanwantari Vani archives, member database, payment logs and related electronic records should be preserved in accordance with law before they are capable of alteration or loss.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XII<\/span> Common Judgment dated 05.05.2026 in Crl. A. Nos.1040–1047 of 2025<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">62.<\/span><p>The legal significance of the above documentary material must be considered in the light of the Common Judgment dated 05.05.2026 passed by the Hon’ble High Court of Telangana in Criminal Appeal Nos.1040 to 1047 of 2025 arising from Crime No.358 of 2023 and the orders dated 29.08.2025 of the Sessions Judge, Hyderabad.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">63.<\/span><p>The Common Judgment records that the Competent Authority invoked Section 4(3) of the Telangana Protection of Depositors and Financial Establishments Act, 1999 to make absolute Government ad-interim attachment orders including G.O.Rt.Nos.473, 474, 541, 542, 561, 665, 258 and 259 issued during 2024 and 2025.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">64.<\/span><p>The judgment records that before the trial Court the accused\/entities contended, inter alia, that the transactions were contractual in nature involving immovable property or debentures, that separate companies or trusts owned the properties and that the Companies Act governed the transactions rather than the State Depositors Act. The trial Court rejected those contentions and made the ad-interim attachments absolute.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">65.<\/span><p>In paragraph 11 of the Common Judgment, the Hon’ble High Court rejected the contention that charitable Trust status by itself insulated the property from statutory action. The Court held, in substance, that the material prima facie disclosed use of the entity for mobilisation of public funds with promises of returns followed by default, and that the substance of the transactions rather than their form was determinative.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">66.<\/span><p>In paragraph 12, the Hon’ble Court rejected the contention that the Companies Act excluded operation of the Telangana Depositors Act and held that the special depositor-protection legislation applied to the financial activities in question.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">67.<\/span><p>In paragraph 13, the Hon’ble Court accepted the general principle of separate corporate personality but recorded that the material prima facie disclosed that the Trust and various interconnected entities were functioning under common control and were utilised for mobilisation of funds from the public.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">68.<\/span><p>In paragraph 15, the Hon’ble Court held that whether a transaction constitutes a deposit must be determined from its real nature and substance and not merely from nomenclature such as debentures or other corporate\/contractual descriptions.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">69.<\/span><p>In paragraph 17, the Hon’ble Court held that the Depositors Act contains an overriding provision and that the attachments effected under the State Act remained valid and enforceable in the facts before it.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">70.<\/span><p>In paragraphs 20 and 21, the Hon’ble Court recorded that the material established a pattern of collection of funds from the public under various schemes followed by failure to repay and observed that the appellants, under the guise of a Trust and interconnected entities, mobilised substantial deposits and failed to honour commitments, thereby attracting the statutory depositor-protection mechanism.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">71.<\/span><p>The Hon’ble High Court ultimately found no illegality or infirmity in the orders of the trial Court and dismissed all Criminal Appeal Nos.1040 to 1047 of 2025, confirming the orders making the ad-interim attachment orders absolute. Miscellaneous applications, if any pending, were closed.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">72.<\/span><p>The Respondents do not rely upon the Common Judgment as a final criminal conviction of any individual. Its relevance to the present Writ Petition is nevertheless substantial because the petitioner’s broad contentions concerning charitable Trust status, separate corporate personality, contractual nomenclature and the statutory attachment mechanism had already been considered in proceedings arising from the same Crime No.358 of 2023.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">73.<\/span><p>The Common Judgment also supplies the proper method for examining the additional documents now produced: the investigation must follow the substance and actual money\/property trail rather than treating each transaction as isolated merely because a different instrument or corporate entity was used.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XIII<\/span> Investor-Wise, Venture-Wise & Inter-Entity Forensic Reconciliation<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">74.<\/span><p>For every investor, the competent authority should identify the date and amount of payment, entity receiving the money, receipt or instrument issued, bank account credited, ledger entry, purpose represented, property or project promised, interest or compensation paid, any transfer to another venture, property actually registered, principal refunded and final outstanding liability.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">75.<\/span><p>For each land venture, the authorities should identify the original landowner, survey number, Agreement of Sale, GPA, date of registered acquisition, extent acquired, source of consideration, NALA\/conversion date, layout approval, number of plots offered, number allotted, number registered, money collected, refunds, development charges, subsequent alienations or mortgages and present title.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">76.<\/span><p>The same exercise should identify all inter-entity transfers between Dhanwantari Foundation International Trust, Dhanwantari Agraharam, Dharani Sheltors Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, hospital-related entities, DFI Infra Projects Private Limited, DFI Publications Private Limited and other entities found during investigation to be financially or operationally connected.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">77.<\/span><p>Such examination should include loans, advances, donations, investments, profit transfers, land-purchase payments, repayments, related-party transactions, common expenses, remuneration, director-related payments and transfers between bank accounts.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">78.<\/span><p>Particular attention should be paid to transactions in which a specific plot number or property commitment was communicated before the concerned entity acquired title or enforceable rights over the land or before statutory layout approval. The date of investor payment and allotment should be compared with the date of landowner agreement, acquisition, conversion, layout approval and final registration.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XIV<\/span> Additional Evidence, Preservation & Orderly Filing<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">79.<\/span><p>The documentary material presently available represents only part of the records being received from affected persons. The Respondents understand that a substantial number of investor-wise and transaction-wise issues remain to be documented and verified.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">80.<\/span><p>It would neither be practical nor conducive to orderly pleading to rewrite the substantive Counter Affidavit whenever another investor produces a receipt, agreement, bond, debenture, land record or correspondence. The Respondents therefore seek liberty, subject to the procedure and leave of this Hon’ble Court, to place further material as additional documentary evidence under continuous document numbering.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">81.<\/span><p>Such additional records may identify the investor, date of transaction, amount, concerned entity, purpose represented, receipt or instrument, subsequent correspondence, registration\/refund status, present claim and primary records requiring official verification.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">82.<\/span><p>The investigating agency should preserve all original receipt books and counterfoils, investor\/member registers, ledgers, cash books, bank statements, cheque realisation records, bond and debenture registers, refund applications, interest calculations, plot-allotment registers, layout plans, statutory approvals, title deeds, GPAs, Agreements of Sale, Encumbrance Certificates, Board resolutions, audit reports, statutory filings, e-mails, electronic accounting databases and venture-transfer records.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XV<\/span> Attached Assets & Statutory Realisation<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">83.<\/span><p>Attachment of assets is an essential protective step but does not itself provide repayment to affected depositors. The Common Judgment dated 05.05.2026 confirmed the orders of the trial Court making the relevant ad-interim attachments absolute.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">84.<\/span><p>Subject to the Telangana Depositors Act, orders of the competent Special Court and any subsisting order of a superior Court, the statutory process should therefore progress towards verification, valuation and lawful realisation of properties eligible for such process without avoidable delay.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">85.<\/span><p>The Deputy Commissioner of Police or competent supervisory officer of CCS\/EOW may be directed to place before the Competent Authority\/Special Court a comprehensive status report identifying each attached or identified property, title holder, survey number, extent, possession, encumbrances, litigation, current valuation, third-party claims, if any, and the legal steps remaining before realisation.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">86.<\/span><p>CCS\/EOW and the Competent Authority may further coordinate with Revenue Authorities, the Registration Department, District Administration, valuation authorities and the competent Special Court. Where an attached property is legally available for sale or e-auction, the competent authority may be directed, strictly subject to statutory procedure and orders of the Special Court, to move the matter forward.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">87.<\/span><p>Before distribution of any realised amount, a verified investor\/victim claims database should be prepared recording investor identity, principal amount, supporting documents, amount already received, property already registered, balance claim, entity or venture concerned and verification status. VRPT is willing to furnish the investor records available with it for independent verification and does not claim any power to decide claims or distribute realised amounts.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XVI<\/span> Effect of the Present Writ & Conclusion<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">88.<\/span><p>The pendency of W.P. No.26667 of 2026, which principally challenges the registration and functioning of VRPT, should not by itself operate as a stay or impediment against investigation, preservation of records, tracing of assets, verification of bank accounts, statutory attachment, valuation or lawful asset-realisation proceedings unless specifically so ordered by a competent Court.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">89.<\/span><p>Suspending or cancelling VRPT would not erase the underlying receipts, agreements, debentures, land records, investor claims, FIR, Government attachment proceedings, Special Court orders or the Common Judgment dated 05.05.2026. It would principally disrupt the mechanism through which affected persons presently coordinate their records and communicate with authorities.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">90.<\/span><p>The petitioner’s request for prosecution of Respondent Nos.5 and 6 in connection with registration of VRPT is denied. The petitioner must establish the particular allegedly false statement, the person who made it, its materiality and all statutory ingredients required for the penal consequence sought.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">91.<\/span><p>The complete chronology demonstrates that VRPT is the consequence of an already existing investor controversy and not the creator of that controversy. The appropriate course is to permit the statutory investigation and asset-realisation mechanism to proceed, allow affected persons to place their records before competent authorities and Courts, and leave questions of individual criminal guilt, investor entitlement and property title for determination in proceedings constituted by law.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XVII<\/span> Documents Relied Upon \/ To Be Filed<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">92.<\/span><p>The Respondents rely upon and\/or seek liberty to file the following documents in separate indexed documentary volumes, subject to proper marking, pagination and filing procedure:<\/p><\/div>\r\n\r\n <div class=\"vrpt-table-wrap\">\r\n <table class=\"vrpt-schedule\">\r\n <thead>\r\n <tr><th style=\"width:70px;\">No.<\/th><th>Description<\/th><\/tr>\r\n <\/thead>\r\n <tbody>\r\n <tr><td class=\"dno\">D-1<\/td><td>23.04.2012 – Dharani Sheltors Receipt No.4617 for Rs.3,00,000\/- in the name of Sri Kasinadhuni Kameswara Rao.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-2<\/td><td>Dharani Sheltors Receipt No.4636 for Rs.33,000\/- relating to Vijayawada Venture \/ Plot No.357.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-3<\/td><td>Record\/receipt relating to Rs.22,000\/- registration charges in the case of Sri Kasinadhuni Kameswara Rao.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-4<\/td><td>Dharani Sheltors ledger reflecting approximately Rs.3,33,000\/- in the said Vijayawada transaction.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-5<\/td><td>Registration-charge ledger reflecting Rs.22,000\/-.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-6<\/td><td>17.11.2022 \/ 19.11.2022 – Refund request and DFI Ventures acknowledgement concerning original bonds.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-7<\/td><td>03.05.2024 – Investment statement\/e-mail of Sri Kasinadhuni Kameswara Rao.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-8<\/td><td>19.04.2024 – Order in Criminal Petition No.4004 of 2024.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-9<\/td><td>16.05.2024 – Communication of Dr. A. Venkata Ratnam identifying himself as a founder member of DFI.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-10<\/td><td>22.09.2025 – VRPT Trust Deed, Document No.209 of 2025.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-11<\/td><td>18.06.2026 – Notice pursuant to proceedings in W.P. No.17816 of 2026.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-12<\/td><td>20.08.2026 – CCS notice under Section 94 BNSS.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-13<\/td><td>W.P. No.26667 of 2026 papers filed by the petitioner.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-14<\/td><td>25.10.2014 – Minutes concerning the Vijayawada Venture.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-15<\/td><td>Vijayawada Venture option\/refund communication.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-16<\/td><td>27.07.2021 – Dharani Sheltors communication concerning Vijayawada and alternative ventures.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-17<\/td><td>Statement\/investment particulars furnished by Smt. P.N.V. Devi Prashanthi.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-18<\/td><td>DFI Nirmaan Private Limited Receipt No.3813 dated 10.11.2018 for Rs.4,82,139\/- in the name of P.N.V. Devi Prashanthi.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-19<\/td><td>08.11.2025 – Written demand of Smt. D. Sarada Rani regarding Vijayawada Plot No.81.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-20<\/td><td>28.11.2025 – E-mail seeking refund of Vijayawada plot amount with interest.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-21<\/td><td>29.11.2025 – Reply from DFI Investments concerning Plot No.81, Rs.8,75,000\/- investment, substitute farm-land proposal and refund calculation.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-22<\/td><td>02.12.2025 – Investor reply questioning collection, allotment and non-registration.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-23<\/td><td>03.12.2025 – E-mail of Sri Sravan Daruri concerning conversion\/recalculation of investment.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-24<\/td><td>10.12.2025 – Communication of Smt. D. Sarada Rani concerning alternative land proposals.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-25<\/td><td>29.09.2016 – DFI Life Membership communication concerning the Trust, DFI group commercial companies, investor participation and Dhanwantari Vani.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-26<\/td><td>Registered Sale Deed bearing Document No.2965\/2008 concerning M\/s. Dhanwantari Agraharam and plotted land at Ananthasagar.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-27<\/td><td>25.04.2017 – DFI Nirmaan Private Limited agreement concerning Rs.9,00,000\/- and the related refund demand dated 20.10.2022.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-28<\/td><td>07.03.2019 – Dharani Sheltors debenture certificate\/covering letter concerning Rs.6,00,000\/- unsecured partly convertible debentures.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-29<\/td><td>03.03.2022 – DFI Ventures agreement concerning Rs.5,00,000\/- for Dhanwantari Chamundi Agrahara, Bangalore.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-30<\/td><td>Communication of Dr. B.N. Ravi Kumar concerning Trust governance and commercial activities.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-31<\/td><td>22.05.2012 – DFI Life Membership communication signed\/issued under the DFI Trust identity.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-32<\/td><td>16.03.2014 – Dharani Sheltors Private Limited Annual Day Minutes.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-33<\/td><td>Dharani Sheltors correspondence concerning Vijayawada\/Mustabada Venture and Plot No.106.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-34<\/td><td>18.04.2024 – Representation of Sri Mudigonda Veerabhadra Sarma with supporting payment\/ledger material.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-35<\/td><td>16.04.2024 – Representation of Sri Cheruvu Rama Krishna concerning Ananthasagar.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-36<\/td><td>Ananthasagar LRS \/ development \/ maintenance charge schedules.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-37<\/td><td>Common Judgment dated 05.05.2026 in Criminal Appeal Nos.1040 to 1047 of 2025.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-38<\/td><td>22.08.2026 – DFI website screen capture showing Chairman’s Message, membership categories, Trusts, Brochures, Online Pay, Dhanwantari Vani and related content.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-39<\/td><td>22.08.2026 – DFI website screen capture showing fee-based training courses and DFI Donations section.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-40<\/td><td>Dhanwantari Vani – July 2023 editorial material concerning investor principal\/interest difficulty, fund generation and debenture investment.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-41<\/td><td>Dhanwantari Vani – DFI Nirmaan Private Limited \/ Sri Venkatesa Agraharam, Tirupati page.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-42<\/td><td>Dhanwantari Vani – Dharani Sheltors Private Limited \/ Kanakadurga Agraharam Phase-2 page.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-43<\/td><td>Dhanwantari Vani – DFI Infra Projects Private Limited advertisement describing it as a commercial wing of Dhanwantari Foundation International.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-44<\/td><td>Dhanwantari Vani – DFI Ventures Limited \/ Dhanwantari Chamundi Agrahara, Bangalore pages.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-45<\/td><td>Dhanwantari Vani – DFI Lands Department \/ property-protection charges \/ bank-payment information pages.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-46<\/td><td>Dhanwantari Vani – Dharani Sheltors advertisement referring to proposed transfer of a portion of profits to Dhanwantari Foundation International Charitable Trust.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-47<\/td><td>Dhanwantari Vani publication\/editorial particulars identifying Dr. Pantangi Kamalakara Sharma as Editor and DFI Publications Private Limited.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-48+<\/td><td>Further receipts, agreements, sale deeds, Agreements of Sale, gift deeds, title records, bank documents, Dhanwantari Vani issues, investor statements and electronic evidence to be filed with leave and in accordance with the procedure of this Hon’ble Court.<\/td><\/tr>\r\n <\/tbody>\r\n <\/table>\r\n <\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Prayer<\/h2>\r\n <\/div>\r\n <p class=\"vrpt-prayer-intro\">In the above facts and circumstances, it is therefore respectfully prayed that this Hon’ble Court may be pleased to:<\/p>\r\n <ul class=\"vrpt-prayer-list\">\r\n <li><span class=\"pletter\">a.<\/span><span>dismiss W.P. No.26667 of 2026 as devoid of merit;<\/span><\/li>\r\n <li><span class=\"pletter\">b.<\/span><span>reject the petitioner’s prayer seeking cancellation or quashing of the registration of Victims Rights Protection Trust, Document No.209 of 2025;<\/span><\/li>\r\n <li><span class=\"pletter\">c.<\/span><span>reject the interim prayer seeking suspension of the registration and functioning of Respondent No.4 Trust;<\/span><\/li>\r\n <li><span class=\"pletter\">d.<\/span><span>reject the petitioner’s prayer seeking prosecution of Respondent Nos.5 and 6 merely on the basis of the allegations made in the Writ Petition;<\/span><\/li>\r\n <li><span class=\"pletter\">e.<\/span><span>take note of the documentary chronology demonstrating that the investor transactions, refund claims, criminal investigation, attachment proceedings and serious documentary controversies materially predate registration of VRPT;<\/span><\/li>\r\n <li><span class=\"pletter\">f.<\/span><span>receive and take on record, subject to filing procedure, the Common Judgment dated 05.05.2026 in Criminal Appeal Nos.1040 to 1047 of 2025 and the additional documentary material relied upon by the Respondents;<\/span><\/li>\r\n <li><span class=\"pletter\">g.<\/span><span>permit Respondent No.4 Trust and Respondent Nos.5 and 6 to continue lawful cooperation with CCS\/EOW, the Competent Authority, Courts and other statutory authorities;<\/span><\/li>\r\n <li><span class=\"pletter\">h.<\/span><span>grant liberty to Respondent Nos.4 to 6, subject to leave and filing procedure, to place further investor-wise, transaction-wise and subject-wise material as additional documentary evidence under continuous document numbering without rewriting the substantive Counter Affidavit;<\/span><\/li>\r\n <li><span class=\"pletter\">i.<\/span><span>direct the competent investigating authority to undertake investor-wise, entity-wise and venture-wise reconciliation of collections, bank credits, assets, land registrations, refunds, interest or compensation payments, transfers between ventures and outstanding liabilities;<\/span><\/li>\r\n <li><span class=\"pletter\">j.<\/span><span>direct preservation, in accordance with law, of relevant original financial, property and electronic records, including receipts, ledgers, bank records, agreements, debenture\/share records, title records, Trust Board records, DFI website data, membership records, Dhanwantari Vani publications and electronic correspondence;<\/span><\/li>\r\n <li><span class=\"pletter\">k.<\/span><span>direct examination of the governance, financial and operational relationship between Dhanwantari Foundation International Trust and the entities using or associated with the DFI\/Dhanwantari identity, including the authority, if any, for use of the DFI name, logo and membership network in connection with commercial activity;<\/span><\/li>\r\n <li><span class=\"pletter\">l.<\/span><span>direct verification of the title position and statutory approval status of land ventures with reference to the dates on which investor monies were collected and specific plots were allotted or represented;<\/span><\/li>\r\n <li><span class=\"pletter\">m.<\/span><span>clarify that pendency of W.P. No.26667 of 2026 shall not, merely by reason of such pendency, prevent CCS\/EOW or any other competent statutory authority from continuing lawful investigation, preservation of evidence, tracing of assets, statutory attachment, valuation and proceedings concerning attached properties;<\/span><\/li>\r\n <li><span class=\"pletter\">n.<\/span><span>direct the Deputy Commissioner of Police \/ competent supervisory officer, CCS-EOW, Hyderabad to place before the Competent Authority\/Special Court a comprehensive status report concerning properties already attached or identified in Crime No.358 of 2023, including title, survey particulars, extent, possession, encumbrances, valuation, third-party claims and present legal status;<\/span><\/li>\r\n <li><span class=\"pletter\">o.<\/span><span>direct the concerned CCS\/EOW authorities and Competent Authority to coordinate with Revenue Authorities, the Registration Department and the competent Special Court for expeditious verification, protection and valuation of properties legally available for statutory realisation;<\/span><\/li>\r\n <li><span class=\"pletter\">p.<\/span><span>direct the Competent Authority, strictly subject to the Telangana Protection of Depositors of Financial Establishments Act, 1999, orders of the competent Special Court and any subsisting order of a superior Court, to initiate and diligently pursue sale\/e-auction and realisation of eligible attached properties without avoidable delay;<\/span><\/li>\r\n <li><span class=\"pletter\">q.<\/span><span>direct preparation of a verified investor\/victim claims database for lawful distribution of amounts realised from eligible assets in accordance with the applicable statute and orders of the competent Court;<\/span><\/li>\r\n <li><span class=\"pletter\">r.<\/span><span>permit VRPT to furnish the investor records available with it to CCS\/EOW and other competent authorities for independent verification;<\/span><\/li>\r\n <li><span class=\"pletter\">s.<\/span><span>direct that the prolonged documentary history and movement of investor liabilities between entities or ventures be examined as one continuous financial and property trail rather than as isolated transactions merely because different documentary descriptions or corporate entities were used;<\/span><\/li>\r\n <li><span class=\"pletter\">t.<\/span><span>clarify that none of the reliefs sought by the Respondents is intended to constitute a finding of final criminal guilt against any individual and that all issues of criminal responsibility, property title and final financial entitlement shall remain subject to investigation, trial and adjudication by the competent authorities and Courts; and<\/span><\/li>\r\n <li><span class=\"pletter\">u.<\/span><span>pass such other order or orders as this Hon’ble Court may deem fit and proper in the interests of justice and protection of affected investors.<\/span><\/li>\r\n <\/ul>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Verification<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-verify\">\r\n <p>I, Kalle Nagaraja Giri Prasad Sarma, the deponent above named, do hereby verify that the contents of the foregoing paragraphs are true and correct to the best of my knowledge, information and belief and are based upon the Court records, documents, communications, investor records, DFI publications, website material and other records available with me, and that nothing material has been deliberately suppressed.<\/p>\r\n <p>Wherever statements or allegations made by individual investors, founder members, trustees, former office bearers or other third parties are referred to herein, the same are stated as their respective representations and supporting documents and are placed for verification, investigation and adjudication by the competent authorities and Courts.<\/p>\r\n <p>References to findings or observations of the Hon’ble High Court are based upon the Common Judgment dated 05.05.2026 in Criminal Appeal Nos.1040 to 1047 of 2025.<\/p>\r\n <p>The Respondents do not seek through this Counter Affidavit to pronounce any person finally guilty of a criminal offence and all questions of individual criminal liability shall remain subject to investigation, trial and adjudication in accordance with law.<\/p>\r\n <\/div>\r\n\r\n <p class=\"vrpt-date-line\">Verified at Hyderabad on this ____ day of __________, 2026.<\/p>\r\n\r\n <div class=\"vrpt-signature\">\r\n <div class=\"line\"><\/div>\r\n <strong>DEPONENT<\/strong>\r\n <span>Kalle Nagaraja Giri Prasad Sarma<\/span>\r\n <span>Founder & Convenor, Victims Rights Protection Trust<\/span>\r\n <span>Respondent No.5<\/span>\r\n <\/div>\r\n\r\n <p class=\"vrpt-footer-note\">W.P. No.26667 of 2026 · Counter Affidavit on behalf of Respondent Nos. 4 to 6<\/p>\r\n\r\n<\/div>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0affa03 elementor-widget elementor-widget-image\" data-id=\"0affa03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"821\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-798x1024.jpeg\" class=\"attachment-large size-large wp-image-897\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-798x1024.jpeg 798w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-234x300.jpeg 234w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-768x985.jpeg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-1197x1536.jpeg 1197w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT.jpeg 1247w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd662df elementor-widget elementor-widget-html\" data-id=\"fd662df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n.gbwa-caf-wrap {\r\n\tmax-width: 900px;\r\n\tmargin: 30px auto;\r\n\tbackground: #FFFDF7;\r\n\tborder: 1px solid #E4CFA0;\r\n\tborder-radius: 10px;\r\n\tbox-shadow: 0 2px 14px rgba(58,44,26,0.08);\r\n\tpadding: 50px 55px;\r\n\tfont-family: Georgia, \"Times New Roman\", Times, serif;\r\n\tcolor: #2b2118;\r\n\tline-height: 1.85;\r\n\tbox-sizing: border-box;\r\n}\r\n.gbwa-caf-wrap * { box-sizing: border-box; }\r\n\r\n.gbwa-caf-header { text-align: center; margin-bottom: 10px; }\r\n.gbwa-caf-eyebrow {\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n\tfont-size: 12px;\r\n\tfont-weight: 700;\r\n\tletter-spacing: 3px;\r\n\ttext-transform: uppercase;\r\n\tcolor: #A6531A;\r\n\tmargin-bottom: 14px;\r\n}\r\n.gbwa-caf-title {\r\n\tfont-size: 28px;\r\n\tfont-weight: 700;\r\n\tletter-spacing: 2px;\r\n\ttext-transform: uppercase;\r\n\tcolor: #6b2b16;\r\n\tmargin: 0 0 10px;\r\n}\r\n.gbwa-caf-subtitle {\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n\tfont-size: 14px;\r\n\tfont-weight: 700;\r\n\tcolor: #7a5a30;\r\n\tletter-spacing: 0.5px;\r\n\tmargin-bottom: 22px;\r\n}\r\n.gbwa-caf-rule {\r\n\theight: 3px;\r\n\twidth: 120px;\r\n\tmargin: 0 auto 36px;\r\n\tbackground: linear-gradient(90deg, transparent, #C97A1E, transparent);\r\n}\r\n\r\n.gbwa-caf-body { font-size: 16.5px; }\r\n.gbwa-caf-para {\r\n\tdisplay: flex;\r\n\tgap: 14px;\r\n\tmargin-bottom: 22px;\r\n\ttext-align: justify;\r\n\ttext-justify: inter-word;\r\n}\r\n.gbwa-caf-num {\r\n\tflex: 0 0 auto;\r\n\tmin-width: 30px;\r\n\tfont-weight: 700;\r\n\tcolor: #A6531A;\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n}\r\n.gbwa-caf-text { flex: 1 1 auto; }\r\n.gbwa-caf-text q,\r\n.gbwa-caf-quote {\r\n\tfont-style: italic;\r\n\tcolor: #4a3820;\r\n}\r\n\r\n.gbwa-caf-divider {\r\n\tborder: none;\r\n\tborder-top: 1px dashed #E4CFA0;\r\n\tmargin: 40px 0;\r\n}\r\n\r\n.gbwa-caf-prayer {\r\n\tbackground: #FFF6E8;\r\n\tborder: 1px solid #EBD9B8;\r\n\tborder-radius: 8px;\r\n\tpadding: 22px 26px;\r\n\tmargin-top: 6px;\r\n}\r\n\r\n.gbwa-caf-signature {\r\n\tmargin-top: 56px;\r\n\ttext-align: right;\r\n\tpadding-top: 18px;\r\n\tborder-top: 1px solid #EBD9B8;\r\n}\r\n.gbwa-caf-sign-name {\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n\tfont-weight: 800;\r\n\tletter-spacing: 1.5px;\r\n\tfont-size: 16px;\r\n\tcolor: #2b2118;\r\n\ttext-transform: uppercase;\r\n}\r\n.gbwa-caf-sign-role {\r\n\tfont-style: italic;\r\n\tcolor: #7a5a30;\r\n\tmargin-top: 4px;\r\n}\r\n\r\n@media (max-width: 640px) {\r\n\t.gbwa-caf-wrap { padding: 28px 20px; }\r\n\t.gbwa-caf-title { font-size: 22px; }\r\n\t.gbwa-caf-body { font-size: 15.5px; }\r\n\t.gbwa-caf-para { gap: 10px; }\r\n}\r\n\r\n@media print {\r\n\t.gbwa-caf-wrap { box-shadow: none; border: none; }\r\n}\r\n<\/style>\r\n\r\n<div class=\"gbwa-caf-wrap\">\r\n\r\n\t<div class=\"gbwa-caf-header\">\r\n\t\t<div class=\"gbwa-caf-eyebrow\">Before the Hon'ble High Court<\/div>\r\n\t\t<h1 class=\"gbwa-caf-title\">Counter Affidavit<\/h1>\r\n\t\t<div class=\"gbwa-caf-subtitle\">W.P. No. 26667 of 2026<\/div>\r\n\t\t<div class=\"gbwa-caf-rule\"><\/div>\r\n\t<\/div>\r\n\r\n\t<div class=\"gbwa-caf-body\">\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">1.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">I respectfully submit that the following facts are placed before this Hon'ble Court as part of the present Counter Affidavit in order to demonstrate the manner in which the petitioner and the persons\/entities connected with it dealt with the monies collected from members in the name of various ventures, particularly the Vijayawada Venture, and thereafter sought to shift the liabilities of such investors to other ventures including Vizag, Kanchikacherla, Bangalore, Siddipet and Yadadri\/Yadagirigutta. The material documents reveal a continuing pattern of collection of substantial amounts from investors, issuance of receipts and assurances regarding allotment of plots, prolonged non-completion of the promised venture, offering unusually high interest\/refund commitments, and thereafter shifting the same investors and their financial claims from one venture to another without first conclusively settling the original venture.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">2.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Vijayawada Venture records are particularly significant. The Minutes of Meeting dated 25.10.2014 themselves disclose that considerable delay had already occurred in completion of the registration process. The Organisation attributed such delay to mutation requirements, production of pass books and title deeds, online entries, Samaikya Andhra agitation, strikes by employees, elections and increase in land prices after announcement of the proposed State Capital near Vijayawada. The Organisation further stated that it had acquired only about 18.12 acres of land and could not make further purchases. However, while substantial amounts had already been collected from members and plots had apparently been allotted, the said Minutes do not disclose complete survey numbers, registered document numbers, boundaries, title chain, approved layout particulars or member-wise correlation between the amount collected and a legally identifiable plot.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">3.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The seriousness of this omission is apparent from the questions raised by the members themselves during the 2014 meeting. The members specifically questioned why the land had not been purchased when the venture had already started about 2½ years earlier and, more importantly, “How the plots were allotted without land & approved Layout.” They also questioned why the land already purchased could not be allotted on a first-come-first-served basis and sought a written commitment concerning delivery of land after two years. Thus, the basic issue of collecting money and making plot allotments without complete land procurement and an approved layout was not raised for the first time subsequently by the victims; it was contemporaneously recorded in the Organisation's own Minutes in 2014.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">4.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">Instead of immediately furnishing complete title particulars and settling the members through registration of identifiable plots, the Organisation proposed multiple options. One such option was repayment of the amounts collected together with 24% simple interest to partly paid members and 36% simple interest to fully paid members from the date of cheque realisation. This proposal was recorded not only in the Minutes but was again repeated in the formal Vijayawada Venture Option Letter. The promise of 24% and 36% simple interest was therefore a written representation to the members and not merely an oral statement. Such extraordinarily high rates themselves require scrutiny as to whether the Organisation possessed the financial capacity to honour them, whether provision for such liabilities was reflected in the books of account, and whether such promises were used to retain investor confidence and discourage immediate withdrawal.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">5.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Minutes further record that the Executive Director assured the members that the Organisation would not go back from its commitment of promoting “Agraharams” and would not merely wash away its hands by refunding the money with interest. The Organisation preferred continuation-oriented options which would require another one to two years. It was further represented that the proposed layout would be extended from 32 acres to 50 acres within about 1½ to 2 years and that existing members would be allotted plots at the earlier agreed price, while enhanced rates would be collected from new entrants. The Organisation also represented that increase in land cost would be borne by it and that existing members would receive their plots at the agreed price. Accordingly, the investors were made to believe in 2014 that the problem was temporary and that the Vijayawada Venture would be completed within approximately two years.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">6.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">However, the communication dated 27.07.2021 issued in the name of Dharani Sheltors Pvt. Ltd. and signed by Dr. P. Kamalakara Sharma, Managing Director, demonstrates that the Vijayawada Venture remained unresolved even nearly seven years thereafter. A venture which was represented in 2014 as capable of being completed within 1½ to 2 years was still being described as pending in July 2021. The later communication introduced a new set of explanations, including that a broker had allegedly misguided the Organisation, land had been procured in piecemeal, road connectivity could not be secured, the broker had absconded, landowners did not honour their promises, COVID intervened, the earlier Executive Director Sri V.S. Rao had died, there was a change of Government in Andhra Pradesh, CRDA remained uncertain and surrounding lands had been acquired for weaker sections. The reasons offered in 2021 were therefore substantially different from the reasons recorded in 2014.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">7.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is respectfully submitted that the central issue is not merely whether one or more of those external circumstances existed. The fundamental issue is what happened to the investors' money and whether each amount collected can be correlated to a lawful asset or repayment. Irrespective of agitation, Government policy, brokers, landowners, COVID, change of management or litigation, the petitioner and the connected entities were required to maintain and produce a complete investor-wise financial and property trail showing the amount received, date of receipt, bank account into which it was credited, land purchased from such funds, survey number, registered sale deed, title holder, approved layout, plot allotted, registration completed and outstanding balance liability.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">8.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The 2014 Minutes further show that the members themselves suggested practical asset-based solutions. They proposed that the existing agricultural land be distributed proportionately, that layout approval be obtained for the existing land and proportionate plots be allotted, or alternatively that the land be sold and the money distributed proportionately among the members. The members were therefore asking for settlement against the asset which the Organisation itself claimed to have already purchased. Instead of conclusively closing the Vijayawada liability against such identified assets, the investors were offered the option of moving their money into other ventures.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">9.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The 2014 Option Letter itself reveals the beginning of this practice. An additional ninth option permitted transfer of the Vijayawada advance together with 36% interest for fully paid members and 24% interest for partly paid members towards allotment of a plot in the Vizag Venture. The Organisation represented that about 50 acres had been procured there, NALA permissions had been obtained and registrations would start within four months. Thus, as early as 2014, instead of finally settling the Vijayawada liability, an investor was being offered transfer of that liability to another venture. This requires examination as a possible rollover of investor liability from one project to another.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">10.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The pattern became much clearer in the communication dated 27.07.2021. Instead of completing the original Vijayawada obligation, the investors were offered several alternative ventures. They were offered Kanchikacherla at the same extent and rate, with additional extent at Rs.5,000\/- per square yard; Vizag with additional extent at Rs.6,000\/- per square yard; Bangalore at Devanahalli with only 50% of the Vijayawada extent converted into square feet and additional extent at Rs.1,500\/- per square foot; Yadadri\/Yadagirigutta with only 2\/3rd or 66.67% of the Vijayawada extent and additional extent at Rs.9,000\/- per square yard; and Siddipet at Ananthasagar with 200% extent of the Vijayawada venture. This is not merely a change in location. It involves revaluation of the original investment, alteration of promised extent, transfer of liability and the possibility of further collections from the same investors.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">11.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Yadadri\/Yadagirigutta option is particularly important. The 2021 communication expressly offered Vijayawada members accommodation in the Yadadri Venture at Yadagirigutta, but only to the extent of 66.67% of the Vijayawada extent, while prescribing Rs.9,000\/- per square yard for additional land. It also stated that ten members had already given their consent. Thus, there is a direct documentary link showing that investors originally brought into the Vijayawada Venture were subsequently invited to shift their investment liability to the Yadagirigutta Venture. The Vijayawada and Yadagirigutta transactions therefore cannot be treated as wholly unrelated wherever the same investor's money was carried forward from one venture to the other.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">12.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The sequence emerging from the documents therefore requires serious examination. Money was collected for Vijayawada; the venture remained incomplete; high interest was promised; the members were asked to continue waiting; alternate ventures were offered; the original liability was assigned a new valuation or extent; and the investors were invited to move into another project rather than first receiving either a registered plot in the original venture or complete repayment. Where further money was collected for additional extent in the substituted venture, the authorities must examine whether the process effectively converted an unresolved old liability into a fresh opportunity for further collection.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">13.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">Another highly significant contradiction concerns the rate of refund. In 2014, the Organisation offered 36% simple interest to fully paid members and 24% simple interest to partly paid members. By 27.07.2021, the refund option had been reduced to 10% simple interest, with a stated processing period of two to three months. There is no explanation in the documents presently available as to how a written commitment of 24%\/36% was reduced to 10% after the investors' money had remained with the Organisation for several additional years. There is also no material in the two communications demonstrating individual consent of all members, a settlement agreement, a Board Resolution or any contractual provision authorising such reduction. This substantial alteration requires investigation into whether the earlier unusually high interest assurance had been used as an inducement to retain the members within the venture.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">14.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The absence of complete property identification is another major concern. A receipt cannot by itself constitute ownership of immovable property. A venture name cannot substitute for a survey number. A tentative plot number cannot substitute for an approved layout. An assurance of future registration cannot substitute for a legally transferable title. Where substantial money is collected on the representation that a member will receive a plot, the Organisation must be capable of establishing the complete chain from the money received to the particular land purchased and finally to the registered plot delivered to that member.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">15.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The investor-wise forensic exercise must therefore follow the sequence: Receipt → Bank Credit → Ledger Entry → Land Purchase → Survey Number → Registered Title → Approved Layout → Plot Allotment → Registration. If any material link in this chain is absent, it is necessary to determine where the corresponding money was utilised and whether the amount was diverted, carried to another venture, adjusted against another liability or otherwise dealt with.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">16.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Organisation's own Minutes state that approximately 18.12 acres had already been purchased in connection with the Vijayawada Venture. The present status of this 18.12 acres is therefore critical. The exact survey numbers, sub-divisions, registered sale deed numbers, vendors, dates of purchase, consideration, source of purchase funds, present title holders, Encumbrance Certificates, subsequent sales, mortgages, third-party interests, Government acquisition and compensation, if any, must all be traced. If such land was purchased from investor funds, the fate of that asset directly affects the outstanding liability towards the members.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">17.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">This assumes further significance because, when the members raised the possibility of Government acquisition in 2014, the Organisation itself stated that if Government acquired the land, the compensation could be shared proportionately among all the members. The 2021 communication subsequently referred to Government acquisition of surrounding lands for weaker sections. It is therefore necessary to verify whether any land belonging to the Vijayawada Venture was actually acquired, whether any compensation was awarded, who received such compensation, into which account it was credited and whether any amount was distributed to the concerned investors.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">18.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The 2021 communication further represented that 25 members had accepted shifting to Kanchikacherla, 15 members had consented to Vizag and 10 members had consented to Yadadri. These are directly verifiable statements and the underlying documents must be produced. The concerned entities must produce the complete names of such members, original Vijayawada receipts, investment amounts, written consent letters, transfer statements, interest calculations, new allotment letters, additional amounts collected, ledger entries, survey numbers, plot numbers, registrations and present status. If such a complete chain does not exist, the claim that the investors were lawfully accommodated or shifted requires serious scrutiny.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">19.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The records also reveal a close functional connection between Dhanvantari Foundation International and Dharani Sheltors Pvt. Ltd. The 2014 Minutes state that plots were being allotted to members of DFI, while the Option Letter was addressed to the Executive Director of M\/s Dharani Sheltors Private Limited. The 2021 communication was again issued in the name of Dharani Sheltors Pvt. Ltd., while addressing the recipients as “Dhanwantarians”. The exact financial, managerial and operational relationship between DFI, Dharani Sheltors Pvt. Ltd., their trustees, directors and office bearers must therefore be examined.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">20.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is necessary to determine who approached and induced the investors, who issued the receipts, into whose bank accounts the money was deposited, which entity accounted for the funds, which entity purchased the land, in whose name the property stood, who issued allotment letters, who promised interest and refund, who authorised shifting between ventures, and which entity ultimately carries the outstanding liability. Without this exercise, the entities cannot be permitted to shift responsibility between DFI, Dharani Sheltors or individual office bearers.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">21.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The death of an earlier Executive Director or subsequent change in management cannot extinguish pre-existing liabilities towards investors. The books of account, investor ledgers, title documents, bank records, commitments and liabilities should continue with the concerned legal entities. Accordingly, all handover records, Board Minutes, audited accounts, member ledgers, receipt registers and digital accounting records must be secured and examined.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">22.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The material presently available therefore raises serious concerns regarding whether there existed a systematic practice of collecting money against proposed property allotments without complete identifiable land particulars, maintaining investor confidence by promising extraordinarily high returns or interest, allowing the original venture to remain unresolved for years, and thereafter transferring the investor's liability into another venture instead of first providing either a registered asset or complete repayment.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">23.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The matter cannot be reduced to a simple case of delay in a real-estate project. The issues include collection of money without complete identified property particulars, allotment of plots before complete land procurement and approval, repeated failure of timelines, alteration of promised refund terms, transfer of liabilities from one venture to another, alteration of extent and valuation during such transfer, contemplated collection of further amounts, and absence of a complete investor-wise reconciliation. These aspects require investigation as one continuous financial trail.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">24.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">In particular, where a Vijayawada member was moved to Yadagirigutta, the authorities must prepare a complete investor-wise statement showing the original Vijayawada investment, dates of payment, receipts, interest promised, total liability as on the date of shifting, value actually transferred to Yadagirigutta, extent promised there, additional amounts collected, survey number and title of the Yadagirigutta land, approved layout particulars, plot allotted, sale deed, possession, amounts repaid and present balance liability. The same exercise is required for investors shifted to Vizag, Kanchikacherla, Bangalore, Siddipet or any other connected venture.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">25.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is therefore necessary to conduct a forensic financial reconciliation of Total Investor Collections – Actual Land Purchases – Registered Plots Delivered – Amounts Refunded – Transfers Between Ventures – Additional Amounts Collected – Present Assets – Present Outstanding Investor Liability. Merely producing selected receipts, tentative allotment letters or isolated land documents will not establish proper utilisation of the entire corpus collected from the investors.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">26.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The decisive question is whether every rupee collected from an investor can ultimately be traced either to a specific legally identifiable and registered property delivered to that investor or to a complete lawful repayment. Where neither is demonstrated, the liability cannot disappear merely because the name or location of the proposed venture was subsequently changed.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">27.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Vijayawada records and the communication dated 27.07.2021 therefore constitute material documents demonstrating the necessity of examining the entire chain from Vijayawada to Vizag, Kanchikacherla, Bangalore, Yadadri\/Yadagirigutta, Siddipet and any further connected ventures. Wherever the same investor funds or liabilities were moved from one venture to another, they constitute interconnected transactions for the purpose of tracing money, assets and liability.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">28.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is respectfully submitted that explanations concerning brokers, landowners, Government policies, CRDA, litigation, COVID, change of Government or change of management cannot replace the obligation to produce complete accounts and property records. The petitioner and the connected entities must account for the money, identify the corresponding asset, disclose its present status and establish whether the investor ultimately received registration or repayment.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<hr class=\"gbwa-caf-divider\">\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">29.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">In the circumstances, it is respectfully submitted that while considering the relief sought by the petitioner in W.P. No.26667 of 2026, this Hon'ble Court may take into consideration the aforesaid documentary circumstances and the continuing investor liabilities and may not grant any discretionary or equitable relief without full disclosure and examination of the investor-wise collections, bank transactions, land particulars, title documents, venture transfers, additional collections, registrations, repayments and present assets.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">30.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is further respectfully submitted that all original records relating to the Vijayawada Venture, Yadadri\/Yadagirigutta Venture and other connected ventures, including receipts, member ledgers, bank statements, title deeds, survey particulars, consent letters, transfer calculations, Board Resolutions, audited accounts, digital records, accounting databases, subsequent alienations and encumbrances, are required to be preserved and examined by the competent authorities. Such examination is necessary to establish whether the investor liabilities were genuinely settled or were merely carried forward from one venture to another over a prolonged period.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-prayer\">\r\n\t\t\t<div class=\"gbwa-caf-para\" style=\"margin-bottom:0;\">\r\n\t\t\t\t<div class=\"gbwa-caf-num\">31.<\/div>\r\n\t\t\t\t<div class=\"gbwa-caf-text\">It is therefore respectfully prayed that the above facts may be taken on record as part of the Counter Affidavit in W.P. No.26667 of 2026 and that appropriate orders may be passed in accordance with law, keeping in view the necessity of tracing the complete money trail, preserving the assets corresponding to investor funds, examining the interconnected Vijayawada-to-Yadagirigutta and other venture transactions, and protecting the legitimate claims of the affected investors.<\/div>\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\r\n\t<\/div>\r\n\r\n\t<div class=\"gbwa-caf-signature\">\r\n\t\t<div class=\"gbwa-caf-sign-name\">Giri Prasad Sarma<\/div>\r\n\t\t<div class=\"gbwa-caf-sign-role\">Convenor<\/div>\r\n\t<\/div>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-870c305 elementor-widget elementor-widget-text-editor\" data-id=\"870c305\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Drafted by GPS<\/span><\/p><p><span style=\"color: #000000;\">IN THE HIGH COURT FOR THE STATE OF TELANGANA<\/span><br \/><span style=\"color: #000000;\">AT HYDERABAD<\/span><\/p><p><span style=\"color: #000000;\">W.P. No. ______ OF 2026<\/span><\/p><p><span style=\"color: #000000;\">BETWEEN:<\/span><\/p><ol><li><span style=\"color: #000000;\">Dhanwantri Foundation International (DFI),<\/span><br \/><span style=\"color: #000000;\">Represented by Dr. P. Kamalakar Sharma,<\/span><br \/><span style=\"color: #000000;\">Office at H.No.2-3-693\/4, Old H.No.2-3-693,<\/span><br \/><span style=\"color: #000000;\">Vaddera Basthi, Bagh Amberpet, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">DFI Infra Projects Private Limited,<\/span><br \/><span style=\"color: #000000;\">Represented by Dr. P. Kamalakar Sharma,<\/span><br \/><span style=\"color: #000000;\">Office at H.No.2-3-693\/4, Old H.No.2-3-693,<\/span><br \/><span style=\"color: #000000;\">Vaddera Basthi, Bagh Amberpet, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">Pantangi Kamalakara Sharma<\/span><\/li><li><span style=\"color: #000000;\">Pantangi Jayasree Sharma<\/span><\/li><\/ol><p><span style=\"color: #000000;\">\u2026Petitioners<\/span><\/p><p><span style=\"color: #000000;\">AND<\/span><\/p><ol><li><span style=\"color: #000000;\">The State of Telangana,<\/span><br \/><span style=\"color: #000000;\">Represented by its Principal Secretary,<\/span><br \/><span style=\"color: #000000;\">Home Department, Secretariat, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">The Commissioner of Police,<\/span><br \/><span style=\"color: #000000;\">Hyderabad City, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">The Deputy Commissioner of Police,<\/span><br \/><span style=\"color: #000000;\">Crimes\/Economic Offences Wing,<\/span><br \/><span style=\"color: #000000;\">Central Crime Station, Detective Department, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">The Assistant Commissioner of Police,<\/span><br \/><span style=\"color: #000000;\">Economic Offences Wing, Team\u2013VI,<\/span><br \/><span style=\"color: #000000;\">Central Crime Station, Detective Department, Hyderabad.<\/span><\/li><\/ol><p><span style=\"color: #000000;\">\u2026Respondents<\/span><\/p><p><span style=\"color: #000000;\">COUNTER AFFIDAVIT FILED ON BEHALF OF RESPONDENT NOS.2 TO 4<\/span><\/p><p><span style=\"color: #000000;\">I, ____________________________, S\/o. ____________________________, aged about ___ years, presently working as Deputy Commissioner of Police, Crimes\/Economic Offences Wing, Central Crime Station, Detective Department, Hyderabad, being duly authorised and well acquainted with the facts and circumstances of the case from the official records, investigation papers and case diary in Crime No.358 of 2023, do hereby solemnly affirm and state as follows:<\/span><\/p><ol><li><span style=\"color: #000000;\">I submit that I am the deponent herein and am competent and duly authorised to file this Counter Affidavit on behalf of Respondent Nos.2 to 4. I have perused the affidavit filed in support of the present writ petition, the documents enclosed thereto and the official records pertaining to Crime No.358 of 2023 of EOW Team\u2013VI, CCS, DD, Hyderabad. Except those averments specifically admitted herein, all other averments, allegations, contentions and inferences made by the petitioners are denied as false, misleading and contrary to the investigation record. The petitioners are put to strict proof of the same.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the present writ petition is misconceived, premature and liable to be dismissed. The writ petition has been filed with the apparent object of obstructing, delaying and frustrating a lawful investigation into a serious economic offence involving the collection of substantial amounts from numerous investors, failure to repay principal and promised returns, failure to register plots as assured, diversion and intermingling of investor funds and acquisition or alienation of properties through various interrelated entities and persons operating under the common identity of Dhanwantri Foundation International or \u201cDFI\u201d.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners are attempting to portray the impugned proceedings as a simple dispute concerning possession of an allegedly private property. The investigation, however, concerns not merely the name appearing in the title deed, but also the source of the purchase consideration, beneficial ownership, utilisation of the premises, source of loan repayments, flow of investors\u2019 funds, common control of the Trust and associated companies, storage of DFI records in the premises and the nexus between the property and the offences under investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that Crime No.358 of 2023 was registered on 23.12.2023 by EOW Team\u2013VI, CCS, DD, Hyderabad, for the offences punishable under Sections 406 and 420 read with Section 34 of the Indian Penal Code and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, on the basis of a complaint alleging that Dhanwantri Foundation International and its associated companies collected deposits and investments from members of the public by promising returns and registration of plots, but failed to fulfil the said assurances.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners themselves have admitted in their writ affidavit the registration of Crime No.358 of 2023 and the allegation that Dhanwantri Foundation International and its associated entities, including DFI Ventures Limited, Dharani Shelters Private Limited, DFI Nirmaan Private Limited, DFI Hospitals Private Limited, DFI IT Solutions Private Limited and DFI Srujana Private Limited, collected amounts from members of the public by promising returns and registration of plots.<\/span><\/li><li><span style=\"color: #000000;\">I submit that during the course of investigation, Accused No.__, namely Dr. Pantangi Kamalakara Sharma, was arrested on __________ and was produced before the jurisdictional Court and remanded to judicial custody in accordance with law. The complete particulars relating to his arrest, remand, interrogation, recoveries, bail conditions and subsequent investigation are borne out by the official records and shall be placed before this Hon\u2019ble Court as and when required.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation conducted so far has prima facie disclosed that Dhanwantri Foundation International, the Trust, its associated companies and the persons controlling them operated through a common identity, common management, common office, common logo, common promotional material and interconnected financial and administrative arrangements. The accused cannot be permitted to use the common identity of \u201cDFI\u201d for collecting money from investors and thereafter rely upon the separate legal personality of the Trust, companies and individuals to avoid investigation and accountability.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the contention of the petitioners that Petitioner No.1 Trust never borrowed or received money from any individual is prima facie contradicted by the written communication issued by Dr. Pantangi Kamalakara Sharma himself under the letterhead of Dhanwantri Foundation International, bearing Ref. No.DFI\/2024\/001, dated 22.05.2024, addressed to \u201cDear Investor\/s\u201d.<\/span><\/li><li><span style=\"color: #000000;\">I submit that in the said communication dated 22.05.2024, Dr. Pantangi Kamalakara Sharma expressly admitted that since 2008, DFI had received considerable amounts of investments from various members. He further stated that the main objective was to acquire and develop lands, provide developed lands to members of the Brahmin community at reasonable prices and provide good returns on the investments made by community investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the said communication further admitted that, for a period of about fourteen years up to 2022, DFI was allegedly able to meet the expectations of investors and return their investments on demand. The use of the expressions \u201cinvestments\u201d, \u201creturns\u201d, \u201cprincipal\u201d, \u201cinterest\u201d, \u201cpayments\u201d and \u201cinvestors\u201d in the accused\u2019s own communication is directly relevant to the nature of the transactions under investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that in the writ affidavit, the petitioners have taken a wholly inconsistent stand that Petitioner No.1 Trust never borrowed money from any individual or individuals and that the Trust is completely distinct from the associated companies. However, in the communication dated 22.05.2024, the third petitioner himself admitted that DFI received considerable investments, promised returns, returned investments on demand until 2022 and subsequently failed to service investors\u2019 principal and interest amounts.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the aforesaid stands are mutually destructive. The petitioners cannot address members of the public as investors, admit receipt of investments, acknowledge principal and interest liabilities, propose repayment through sale of DFI assets and thereafter contend before this Hon\u2019ble Court that the Trust never received or borrowed money from individuals.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused repeatedly used the collective expression \u201cDFI\u201d while communicating with investors without clearly identifying whether the amounts were received by the Trust, a private limited company, an associated entity, an individual or a project-specific concern. The interchangeable use of the common name \u201cDFI\u201d requires a detailed investigation into the actual recipient of every investment, the bank account into which the amount was deposited, the entity in whose books the amount was recorded and the ultimate utilisation and diversion of such funds.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the exact entity-wise collection and utilisation of funds can be established only through a comprehensive forensic examination of bank accounts, ledgers, books of accounts, investor application forms, receipts, agreements, memoranda of understanding, property documents, income-tax records, GST records, electronic communications, digital devices and inter-company or related-party transactions.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused also represented the proposed super-speciality hospital as a DFI institutional project. In the communication dated 22.05.2024, it was stated that DFI had decided to establish a super-speciality hospital for regular revenue generation and that the income generated from the hospital would support DFI\u2019s community-development activities.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused further stated that DFI had procured approximately 2,500 square yards of land near Amberpet, Hyderabad, in the year 2020, that the foundation was laid in May 2021 and that the hospital was proposed to be completed and made operational. Therefore, the hospital project was projected to the investors as a project belonging to or connected with DFI and intended to generate income for DFI.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused cannot now seek to separate the hospital, the hospital property, the DFI office, the associated companies and the persons controlling them without permitting the investigating agency to examine the source of funds, beneficial ownership, inter-company transactions and representations made to the investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation has also received material indicating that the accused repeatedly publicised the DFI hospital project through the magazine known as \u201cDhanwantari Vani\u201d over a considerable period. Through the said magazine and other promotional material, the hospital project and other DFI ventures were represented as institutional assets and revenue-generating projects of DFI.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the said publications were allegedly used to create confidence among members and investors and to induce them to contribute or invest further amounts on the assurance that the hospital and other DFI projects would generate regular income and enable DFI to fulfil its commitments. The relevant original issues, publication dates, authorship, circulation and contents of the magazine are being verified and shall be produced before this Hon\u2019ble Court in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">I submit that in the communication dated 22.05.2024, the accused attempted to attribute the failure to repay investors to the registration of the FIR and freezing of DFI bank accounts. The said explanation is misleading. The criminal case was registered only after complaints arose regarding failure to pay principal and interest and failure to honour the representations and assurances made to the investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation and freezing of accounts were consequences of the complaints and material placed before the investigating agency. The accused cannot first default in discharging their obligations, cause investors to lodge complaints and thereafter contend that the investigation itself was the cause of their failure to repay the investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the communication dated 22.05.2024 specifically refers to the inability of DFI to service investors\u2019 principal and interest amounts. The said admission is material and contradicts the attempt to portray the transactions as mere charitable contributions, community membership payments or simple agreements for purchase of plots.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused, in the same communication, proposed the following road map for repayment to investors: obtaining removal of the holds over assets and defreezing of bank accounts, selling the assets of DFI and scheduling and disbursing the sale proceeds to investors. The said proposal constitutes a prima facie admission that the assets treated and represented as DFI assets were intended to be utilised for discharge of investor liabilities.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused cannot now resist preservation, investigation, attachment or lawful control of the properties associated with DFI merely by asserting that the title stands in the name of a particular individual, Trust or company. The source of funds used for acquisition, construction, maintenance and repayment of loans over such properties is required to be independently established.<\/span><\/li><li><span style=\"color: #000000;\">I submit that based on the material collected during investigation, the Government of Telangana issued an ad-interim order under the Telangana Protection of Depositors of Financial Establishments Act for attachment of immovable properties acquired by DFI, its associated entities and persons controlling them.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the Competent Authority thereafter filed Criminal M.P. No.126 of 2024 in Crime No.358 of 2023 before the learned Sessions Judge, Hyderabad, seeking to make the ad-interim attachment absolute. The learned Sessions Judge, Hyderabad, by order dated 29.08.2025, made the attachment orders absolute.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners and associated parties challenged the said order before this Hon\u2019ble Court by filing Criminal Appeal Nos.1040, 1041, 1042, 1043, 1044, 1045, 1046 and 1047 of 2025. This Hon\u2019ble Court, by common judgment dated 05.05.2026, confirmed the attachment orders passed by the learned Sessions Judge and dismissed or disposed of the appeals in accordance with the said judgment.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the present writ petition cannot be permitted to operate as an indirect proceeding to neutralise, frustrate or delay the implementation of attachment proceedings that have already been confirmed by the competent Court and this Hon\u2019ble Court.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have stated that they are taking steps to file a Special Leave Petition before the Hon\u2019ble Supreme Court of India. A mere intention or proposal to file a Special Leave Petition does not create an automatic stay or render the existing judicial orders inoperative. In the absence of a specific stay order from the Hon\u2019ble Supreme Court, the respondents are legally bound to continue the investigation and take all lawful consequential steps.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners claim that the premises bearing H.No.2-3-693\/4, Old H.No.2-3-693, situated at Vaddera Basthi, Bagh Amberpet, Hyderabad, is the personal property of Petitioner Nos.3 and 4 and that it was purchased on 24.04.2023 under a registered sale deed.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have further admitted that Petitioner Nos.3 and 4 obtained finance or a housing loan from Clix Capital Services Private Limited, formerly known as GE Money Financial Services Private Limited, by depositing or mortgaging the title deeds relating to the said Amberpet property.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the admission regarding private finance does not establish that the entire purchase consideration was paid from the legitimate personal income of Petitioner Nos.3 and 4. It also does not exclude the property from investigation into the source and utilisation of investors\u2019 funds.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigating agency is required to examine the total purchase consideration, amount financed by the lender, margin money paid by the purchasers, source of such margin money, bank account from which the amount was paid, disbursement made by the financial institution, repayment of loan instalments and the source of each such repayment.<\/span><\/li><li><span style=\"color: #000000;\">I submit that it is also necessary to examine whether any amount received from investors, DFI, the Trust, the associated companies, directors, trustees, relatives or related entities was directly or indirectly utilised towards purchase of the Amberpet property, payment of margin money, discharge of loan instalments, construction, renovation, maintenance or improvement of the premises.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the complete loan application, sanction letter, valuation report, disbursement particulars, bank statements, repayment schedule, mortgage papers, KYC documents and source-account particulars relating to the alleged private finance are therefore relevant and necessary for the investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the alleged mortgage in favour of a private finance company does not confer immunity from lawful investigation. It is necessary to verify whether the loan was genuine, fully disbursed and contemporaneous with the sale transaction and whether the mortgage or encumbrance was created for a legitimate purpose or to give the property an appearance of third-party financial interest.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the property is stated to have been purchased on 24.04.2023, after DFI had admittedly collected investments from members for several years and only a few months before registration of Crime No.358 of 2023 on 23.12.2023. The timing of the purchase, the source of purchase consideration and the subsequent utilisation of the property by DFI entities are material circumstances requiring investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the respondents have not prejudged the title to the Amberpet property. The investigation is intended to ascertain the source of acquisition, beneficial ownership, nature of possession, utilisation of the premises, source of loan repayments and nexus, if any, with the amounts collected from investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners themselves admit that Petitioner Nos.1 and 2, namely Dhanwantri Foundation International and DFI Infra Projects Private Limited, are functioning from the Amberpet premises. Therefore, the contention that the premises are wholly unrelated to DFI or its associated entities is prima facie untenable.<\/span><\/li><li><span style=\"color: #000000;\">I submit that even assuming that the registered title stands in the names of Petitioner Nos.3 and 4, the admitted use of the premises as the administrative office of DFI and DFI Infra Projects Private Limited creates a clear and direct nexus between the property and the entities under investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that a search-cum-seizure panchanama was conducted on 21.09.2024 at the said Amberpet premises. During the search, original documents pertaining to the Trust, several application forms of members and investors, one laptop, office files and material containing information relating to DFI and its directors were found and seized in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners themselves have admitted in their writ affidavit that original Trust records, application forms of members, a laptop and office files were seized from the Amberpet premises. The said admission establishes that the premises were being used for the administrative and financial activities of the entities under investigation and were not merely an unrelated personal residence.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the presence of original Trust documents, investor application forms, electronic devices and office records at the premises provides a lawful and rational basis for further inspection, preservation of evidence, forensic examination and issuance of notices by the investigating agency.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the notice dated 07.07.2026 was issued during the course of investigation for lawful purposes, including securing relevant documents, records, investor data, property documents and electronic material, preventing destruction or concealment of evidence and protecting the interests of depositors and victims.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the said notice and connected proceedings required production of the complete investor database, individual investor account statements, ledger books, accounting records, original sale deeds, memoranda of understanding, agreements, contracts, powers of attorney, mortgage documents, development agreements, revenue records, company records and Trust records.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the nature of the documents sought establishes the necessity of tracing the full money trail, reconciling investor liabilities, identifying assets acquired through investor funds and verifying ownership, encumbrances, transfers and alienations of properties.<\/span><\/li><li><span style=\"color: #000000;\">I submit that complete entity-wise, account-wise and investor-wise records have not been produced in a consolidated, reconciled and verifiable manner. The investigating agency is required to ascertain the total number of investors, amount collected from each investor, entity and bank account receiving each amount, returns promised, principal and interest paid, amounts outstanding and assets acquired from the amounts collected.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused are also required to disclose transfers between DFI entities, payments made to directors, trustees, their relatives and associated persons, acquisition of properties in individual or related-party names and sale or encumbrance of properties after receipt of investments and after commencement of criminal proceedings.<\/span><\/li><li><span style=\"color: #000000;\">I submit that until the aforesaid reconciliation and forensic examination are completed, any order restraining access to the Amberpet office or allowing the petitioners to continue unrestricted control over the records and electronic devices would seriously prejudice the investigation and the interests of the genuine victims.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the respondents do not dispute the general principle that a Trust, company and individual may possess separate legal identities. However, such separate legal identities cannot be used as a shield to prevent investigation into common control, common management, common branding, common office, common representations, intermingling of funds, beneficial ownership and diversion of public money.<\/span><\/li><li><span style=\"color: #000000;\">I submit that where several entities are controlled by substantially the same persons and operated under the common name and logo of DFI, the investigating agency is legally obligated to examine the complete financial trail across the Trust, companies, directors, trustees, associated persons and related entities.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners cannot insist that the police accept their unilateral classification of properties and transactions without verification, particularly when the accused himself used the common name \u201cDFI\u201d while communicating with investors and admitting receipt of investments and liability to repay principal and interest.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners claim that the Amberpet premises are being used as an administrative office for addressing and clarifying investors\u2019 concerns. The very same assertion makes preservation and lawful supervision of the premises necessary, as investor records, electronic devices, account statements, original documents and evidence relevant to the investigation are admittedly stored or handled therein.<\/span><\/li><li><span style=\"color: #000000;\">I submit that unrestricted operation of the said office by the accused creates a reasonable apprehension of removal, alteration, substitution, suppression or destruction of physical and digital evidence. There is also a possibility of investors being asked to execute consent forms, settlement documents or declarations that may adversely affect the investigation or the rights of other genuine victims.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused cannot claim an unrestricted right to operate an office connected with the alleged offences while failing to produce complete and reconciled records before the investigating agency.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the allegation made by the petitioners that the police have not filed the charge sheet because they know that Petitioner No.1 Trust never borrowed money is false, reckless, defamatory and specifically denied.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation involves a large number of investors, several DFI entities, numerous bank accounts, immovable properties located in different districts and States, extensive digital evidence, inter-company transactions, related-party transfers and allegations of subsequent alienation of properties. The time required for collection, verification and analysis of voluminous evidence cannot be treated as an admission of innocence.<\/span><\/li><li><span style=\"color: #000000;\">I submit that material has also been brought to the notice of the investigating agency regarding sale, transfer or alienation of properties allegedly connected with investors\u2019 funds during the pendency of the criminal and attachment proceedings.<\/span><\/li><li><span style=\"color: #000000;\">I submit that documents and representations have been received concerning properties situated at Gundaram Village, Bejjanki Mandal, Siddipet District, including allegations that certain properties were recently sold or transferred by the accused or persons connected with them. The document numbers, dates, vendors, purchasers, consideration, source of title and nexus with investor funds are under verification.<\/span><\/li><li><span style=\"color: #000000;\">I submit that if the official records disclose that any property was sold, transferred or encumbered in violation of attachment orders, restraint orders, statutory provisions or bail conditions, appropriate legal action shall be initiated against all persons responsible, in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the written communication dated 22.05.2024 is a relevant and material admission as it was issued by the third petitioner after registration of the FIR and was intended to persuade investors to continue waiting for repayment.<\/span><\/li><li><span style=\"color: #000000;\">I submit that through the said communication, the accused acknowledged receipt of investments, commitments regarding returns, liability relating to principal and interest, inability to make payments, investigation and hold over DFI assets and the proposal to sell DFI assets for repayment to investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the subsequent stand in the writ petition that the Trust never received money and that all entities and properties are entirely separate is prima facie an afterthought intended to avoid the consequences of investigation, attachment and recovery proceedings.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have not approached this Hon\u2019ble Court with complete candour and clean hands. While relying upon formal title documents and the plea of separate legal identity, they have not satisfactorily explained the admissions made in the communication dated 22.05.2024 and the promotional representations made through Dhanwantari Vani magazine and other DFI publications.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have also failed to explain why DFI admitted receiving investments, why it promised returns, why it referred to principal and interest, why it proposed sale of DFI assets for repayment, why the Amberpet premises were used by DFI entities and why original Trust and investor records were found in the allegedly personal premises.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have further failed to disclose the complete source of the purchase consideration for the Amberpet property, source of the margin contribution, source of repayment of the alleged private finance and the financial relationship between the hospital project, DFI, its associated companies and the amounts received from investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the allegation of mala fides against Respondent No.4 is false and emphatically denied. The notice and proceedings were initiated bona fide in discharge of statutory and investigative duties based upon the material collected in Crime No.358 of 2023, attachment proceedings, judicial orders and the necessity of preserving evidence and protecting the interests of investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that Respondent No.4 has no personal animosity against the petitioners and has acted strictly in the course of official duties. The allegation of violation of Articles 14 and 21 of the Constitution is misconceived and is made only to create an artificial constitutional dispute out of a lawful criminal investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the present matter concerns the rights and life savings of a large number of investors and depositors who allegedly parted with their money on the basis of representations and assurances made by DFI and the persons controlling it.<\/span><\/li><li><span style=\"color: #000000;\">I submit that any order preventing inspection of the office, restricting access to records or permitting uncontrolled continuation of activities from the Amberpet premises may result in loss of evidence, further alienation of assets and serious prejudice to the genuine victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 1 of the writ affidavit, I submit that the description of the petitioners is a matter of record. All other allegations and inferences inconsistent with this Counter Affidavit are denied.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 2 of the writ affidavit, I submit that the allegation that the notice dated 07.07.2026 is illegal, unconstitutional or without jurisdiction is false and denied. The notice was issued during the course of a lawful investigation and for the purpose of securing records, assets and evidence connected with Crime No.358 of 2023.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 3 of the writ affidavit, the registration of Crime No.358 of 2023 on 23.12.2023 is admitted. The petitioners\u2019 self-serving interpretation of the allegations is denied. The investigation concerns collection of deposits and investments, promises of returns and plots, failure to repay, diversion of funds and the role of DFI and its associated entities.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 4 to 8 of the writ affidavit, I submit that the Government attachment order, proceedings before the learned Sessions Judge and common judgment of this Hon\u2019ble Court are matters of record. The attachment was made absolute by the learned Sessions Judge and confirmed by this Hon\u2019ble Court. The petitioners cannot dilute or circumvent the said orders through the present writ petition.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 9 of the writ affidavit, I submit that the petitioners\u2019 intention to file a Special Leave Petition does not create an automatic stay. In the absence of a specific stay order from the Hon\u2019ble Supreme Court, the existing orders continue to operate and the respondents are entitled and obligated to proceed in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 10 and 11 of the writ affidavit, I submit that the claim that the Amberpet premises are purely personal property is denied insofar as the petitioners seek to exclude the premises from investigation. The admitted use of the premises by DFI and DFI Infra Projects Private Limited and the recovery of DFI records from the premises establish a direct investigative nexus.<\/span><\/li><li><span style=\"color: #000000;\">I further submit in reply to paragraph 11 that the alleged loan from Clix Capital Services Private Limited requires verification of the complete loan file, sanction, disbursement, borrowers\u2019 contribution, repayment trail and source of each payment. The existence of such finance does not prevent investigation into the source of funds used to acquire or maintain the property.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 12 and 13 of the writ affidavit, the allegations that the respondents acted without authority or threatened unlawful dispossession are denied. The respondents acted in furtherance of the investigation, preservation of evidence and implementation of lawful orders.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 14 of the writ affidavit, it is admitted to the extent borne out by the official search proceedings that original Trust records, member and investor application forms, a laptop and office files were found and seized from the Amberpet premises. The said recovery supports the case of the respondents that the premises are directly connected with DFI and its associated entities.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 15 of the writ affidavit, the assertion that the police have not filed the charge sheet because the Trust never borrowed money is wholly false and denied. The petitioners\u2019 own communications to investors contradict the said assertion. The investigation into the complete money trail and role of each entity is in progress.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 16 of the writ affidavit, the allegations are denied. The petitioners have selectively interpreted the notice and proceedings. The respondents crave leave to produce the original notice, investigation papers, case diary and relevant judicial orders before this Hon\u2019ble Court.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 17 of the writ affidavit, the allegation that 375 investors have opposed the auction is not admitted and the petitioners are put to strict proof thereof. In any event, private representations or consent forms allegedly obtained from selected persons cannot override statutory attachment proceedings or the rights of all genuine victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 18 to 20 of the writ affidavit, the allegations are denied. The respondents are legally obligated to secure and preserve evidence and prevent frustration of the investigation. Merely describing the premises as an investor-service or administrative office does not place it beyond lawful investigative control.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 21 to 24 of the writ affidavit, the allegations of mala fides, arbitrariness and violation of Articles 14 and 21 are false and denied. The action was based on relevant material, undertaken in public interest and strictly connected with the investigation in Crime No.358 of 2023.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have not made out any legal or factual ground for interference by this Hon\u2019ble Court under Article 226 of the Constitution of India. Grant of interim protection would seriously prejudice the investigation, preservation of evidence, recovery of assets and rights of genuine investors.<\/span><\/li><\/ol><p><span style=\"color: #000000;\">PRAYER<\/span><\/p><p><span style=\"color: #000000;\">In the above facts and circumstances, it is most respectfully prayed that this Hon\u2019ble Court may be pleased to dismiss the writ petition as being devoid of merit, premature and intended to obstruct the investigation in Crime No.358 of 2023; vacate any interim or ex parte order, if granted in favour of the petitioners; permit the respondents to continue the investigation, including inspection, search, seizure, preservation and forensic examination of records, documents, properties and electronic devices strictly in accordance with law; direct the petitioners to produce the complete investor database, individual investor statements, ledgers, bank-account records, original title documents, mortgage records, agreements, company records, Trust records and digital evidence sought by the investigating agency; direct the petitioners not to alienate, transfer, encumber or create any third-party interest in any property connected with DFI, its Trust, companies, directors, trustees or associated entities except with the permission of the competent Court; direct the petitioners to preserve the Amberpet premises and all physical and digital evidence situated therein and not to remove, destroy, alter or conceal any record; permit the respondents to obtain from Clix Capital Services Private Limited the complete loan application, sanction file, valuation report, disbursement particulars, mortgage documents, repayment statement, KYC documents and source-account details relating to the Amberpet property; and pass such other order or orders as this Hon\u2019ble Court may deem fit and proper in the interests of justice, effective investigation, preservation and recovery of assets and protection of the rights of genuine victims and depositors.<\/span><\/p><p><span style=\"color: #000000;\">VERIFICATION<\/span><\/p><p><span style=\"color: #000000;\">I, ____________________________, the deponent above named, do hereby verify that the contents of paragraphs 1 to 85 are based upon the official records, investigation papers, case diary and information received during the course of investigation and are true and correct to the best of my knowledge, information and belief. The legal submissions made herein are based upon legal advice received and believed to be correct. No material fact has been deliberately suppressed.<\/span><\/p><p><span style=\"color: #000000;\">Verified at Hyderabad on this ___ day of __________, 2026.<\/span><\/p><p><span style=\"color: #000000;\">DEPONENT<\/span><\/p><p><span style=\"color: #000000;\">Solemnly affirmed and signed before me on this ___ day of __________, 2026, at Hyderabad.<\/span><\/p><p><span style=\"color: #000000;\">BEFORE ME<\/span><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5a82f78 e-flex e-con-boxed e-con e-parent\" data-id=\"5a82f78\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f1239c elementor-widget elementor-widget-html\" data-id=\"4f1239c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div style=\"text-align:center; margin:25px 0;\">\r\n\r\n<h2>\ud83d\udcc4 \u0c28\u0c3f\u0c02\u0c26\u0c3f\u0c24\u0c41\u0c32\u0c41 \u0c26\u0c3e\u0c16\u0c32\u0c41 \u0c1a\u0c47\u0c38\u0c3f\u0c28 \u0c15\u0c4a\u0c24\u0c4d\u0c24 \u0c30\u0c3f\u0c1f\u0c4d \u0c2a\u0c3f\u0c1f\u0c3f\u0c37\u0c28\u0c4d\u200c<\/h2>\r\n\r\n<p>Click below to view the complete Court Document.<\/p>\r\n\r\n<a href=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/KAMALAKAR-NOTICE-REPLY-IN-COURT.pdf\"\r\ntarget=\"_blank\"\r\nstyle=\"display:inline-block;\r\npadding:14px 30px;\r\nbackground:#0056b3;\r\ncolor:#fff;\r\ntext-decoration:none;\r\nborder-radius:6px;\r\nfont-size:18px;\r\nfont-weight:bold;\">\r\n\ud83d\udcc4 VIEW COURT DOCUMENT\r\n<\/a>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f438e8c elementor-widget elementor-widget-text-editor\" data-id=\"f438e8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li><h1><span style=\"color: #000000;\">IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD<\/span><\/h1><h2><span style=\"color: #000000;\">I.A. No. ____ of 2026<\/span><\/h2><h3><span style=\"color: #000000;\">In<\/span><\/h3><h2><span style=\"color: #000000;\">W.P. No. ____ of 2026<\/span><\/h2><h3><span style=\"color: #000000;\">AFFIDAVIT<\/span><\/h3><p><span style=\"color: #000000;\">I, <strong>Sri Kalle Nagaraja Giri Prasad<\/strong>, S\/o Kalle Nagaraja Sarma, aged about 55 years, Occupation: Convenor, Founder and Authorised Representative of the <strong>Victims Rights Protection Trust<\/strong>, Registration No.209\/2025, having its registered office at D.No.3-4-1005\/6, Dantupalli\u00a0 Chambers, 5th Floor, Barkatpura, Hyderabad, do hereby solemnly affirm and state as follows:<\/span><\/p><ol><li><span style=\"color: #000000;\">I am the proposed implead petitioner and the Founder as well as the Authorised Representative of the Victims Rights Protection Trust, a registered Trust bearing Registration No.209\/2025. I am fully acquainted with the facts and circumstances of the present case and am duly authorised to swear this affidavit on behalf of the Trust. The Trust represents and safeguards the interests of more than <strong>1,198 victims and depositors<\/strong> who have been adversely affected by the activities of <strong>Dhanwantri Foundation International (DFI)<\/strong> and its associated entities. In the discharge of its responsibilities, the Trust has been collecting, preserving and submitting victims’ statements, receipts, bank transaction records, company documents, property-related information and other material evidence before the investigating authorities to facilitate a fair, complete and effective investigation.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust, along with another affected depositor, has already instituted <strong>W.P. No.17816 of 2026<\/strong> before this Hon’ble Court against the State of Telangana, the Director General of Police, the Commissioner of Police, the Deputy Commissioner of Police, CCS, Hyderabad, Dhanwantri Foundation International, Dr. Patangi Kamalakar Sharma and other persons associated with the affairs of DFI. In the said writ petition, this Hon’ble Court has been requested to issue appropriate directions for identifying, tracing, freezing, attaching and securing all movable and immovable properties, bank accounts, investments, proceeds of crime and benami assets allegedly belonging to the accused persons, their associates, agents and benamidars so that the same may ultimately be utilised for compensating the genuine victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">More particularly, in W.P. No.17816 of 2026, the petitioners have specifically sought directions for the immediate sealing and seizure of the DFI office situated at Amberpet, Hyderabad, together with all mobile phones, computers, laptops, electronic gadgets, digital storage devices, financial records, investor applications, receipt books, title documents and every other material connected with the alleged fraudulent activities. The writ petition further seeks comprehensive searches, inspections and raids at the residences, offices and benami premises of the accused persons, their associates, agents and other individuals connected with the fraudulent transactions so as to preserve valuable evidence and prevent its destruction, concealment or manipulation.<\/span><\/li><li><span style=\"color: #000000;\">The said writ petition also seeks a direction for conducting a Government-supervised public e-auction of all properties attached or seized in connection with the alleged offences committed by the accused persons and their benamidars. It has further been prayed that the entire sale proceeds be deposited into a designated Government account under the supervision of this Hon’ble Court and thereafter distributed equitably among the genuine victims and depositors together with their principal investments, accrued interest, compensation and such other lawful entitlements as may be determined in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">On <strong>12-06-2026<\/strong>, this Hon’ble Court was pleased to issue <strong>Notice Before Admission<\/strong> in W.P. No.17816 of 2026. The learned Assistant Government Pleader for Home accepted notice on behalf of respondent Nos.1 to 4 and sought time to obtain instructions. This Hon’ble Court also permitted the petitioners to serve personal notice upon respondent Nos.5 to 12 through Speed Post with Acknowledgment Due. Consequently, the issue relating to the sealing, preservation and seizure of the DFI office situated at Amberpet is already the subject matter of judicial consideration before this Hon’ble Court.<\/span><\/li><li><span style=\"color: #000000;\">During the hearing of W.P. No.17816 of 2026, it was specifically submitted on behalf of the petitioners that they were victims who had invested substantial amounts after being induced by the unofficial respondents to purchase residential plots and participate in various investment schemes promoted by DFI. It was brought to the notice of this Hon’ble Court that despite receiving huge sums of money from the victims, neither were the promised plots allotted and delivered nor were the invested amounts refunded. The learned Government Pleader for Home submitted that the investigation was actively progressing, that several properties connected with the case had already been attached and that any further material supplied by the petitioners would be duly examined and acted upon in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">While the aforesaid writ petition is pending adjudication, the petitioners in the present writ petition have challenged the notice dated <strong>07-07-2026<\/strong> issued by the Assistant Commissioner of Police, Economic Offences Wing, Team-VI, Central Crime Station, Hyderabad, directing Dhanwantri Foundation International and DFI Infra Projects Private Limited to vacate the Amberpet office premises. The present writ petition seeks to portray the controversy merely as a dispute relating to a police notice concerning possession of privately owned premises without placing before this Hon’ble Court the complete factual background in which the said notice came to be issued.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners have failed to disclose that the very same Amberpet office premises are already the subject matter of a specific prayer in W.P. No.17816 of 2026 seeking their immediate sealing and seizure. They have also omitted to disclose that Dhanwantri Foundation International, Dr. Patangi Kamalakar Sharma and the other persons connected with the affairs of DFI have already been arrayed as unofficial respondents in the earlier writ petition and that this Hon’ble Court has issued <strong>Notice Before Admission<\/strong> in the said proceedings. Such suppression of material facts has prevented this Hon’ble Court from being apprised of the complete factual and procedural background concerning the disputed premises and has the effect of presenting an incomplete picture of the controversy.<\/span><\/li><li><span style=\"color: #000000;\">The impugned notice dated <strong>07-07-2026<\/strong> cannot be examined in isolation from the larger criminal investigation arising out of <strong>Crime No.358 of 2023<\/strong>, the attachment proceedings initiated under the <strong>Telangana Protection of Depositors of Financial Establishments Act<\/strong>, the ongoing investigation conducted by the investigating agency, the necessity of preserving physical and digital evidence and the pendency of W.P. No.17816 of 2026 wherein this Hon’ble Court is already seized of the issue relating to the sealing and seizure of the very same Amberpet office. All these proceedings are intrinsically interconnected and any adjudication confined solely to the impugned notice, without considering the broader factual and legal background, would inevitably result in an incomplete appreciation of the issues involved.<\/span><\/li><li><span style=\"color: #000000;\">The sequence of events clearly indicates that immediately after the victims approached this Hon’ble Court by filing W.P. No.17816 of 2026 seeking directions for the sealing and seizure of the Amberpet office, the accused persons instituted the present writ petition challenging only the subsequent police notice dated <strong>07-07-2026<\/strong>, while deliberately omitting any reference to the pendency of the earlier writ petition. Such suppression has the effect of seeking protection in respect of the very same premises without affording the victims or their representative Trust an opportunity of being heard. If any interim protection is granted in these proceedings without impleading the Victims Rights Protection Trust, the same would seriously prejudice the rights of more than <strong>1,198 victims and depositors<\/strong> and may directly frustrate the reliefs already sought in W.P. No.17816 of 2026.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the present writ petition appears to have been instituted as a litigation strategy intended to isolate the impugned police notice from the broader criminal investigation and from the comprehensive reliefs already sought by the victims in W.P. No.17816 of 2026. The controversy raised herein cannot be viewed independently of the ongoing investigation into the large-scale financial fraud allegedly committed through Dhanwantri Foundation International and its associated entities. Unless the Victims Rights Protection Trust, representing more than <strong>1,198 victims and depositors<\/strong>, is impleaded as a party to these proceedings, any interim protection granted by this Hon’ble Court may directly prejudice the victims and substantially frustrate the reliefs already pending consideration before this Hon’ble Court.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners themselves have admitted that Crime No.358 of 2023 has been registered, that attachment proceedings have been initiated under the Telangana Protection of Depositors of Financial Establishments Act, that the learned Sessions Court has made the attachment absolute and that the said attachment has subsequently been confirmed by the Hon’ble High Court. Having acknowledged these significant judicial developments, the petitioners nevertheless seek to portray the Amberpet office exclusively as the personal property of petitioner Nos.3 and 4 while overlooking the material issue as to whether the premises were utilised for carrying on the affairs of Dhanwantri Foundation International and its associated entities. The true nature, character and use of the premises constitute matters requiring thorough investigation and judicial scrutiny.<\/span><\/li><\/ol><h3><span style=\"color: #000000;\"><strong>AFFIDAVIT (Part\u20132)<\/strong><\/span><\/h3><ol start=\"13\"><li><span style=\"color: #000000;\">The mere fact that the premises stand registered in the names of private individuals does not preclude the investigating agency from examining whether the same were used for collecting deposits from investors, issuing receipts, inducing members of the public to invest, maintaining investor applications and financial records, managing the affairs of Dhanwantri Foundation International and its associated entities, storing documentary and electronic evidence, or carrying on transactions connected with the alleged offences. Ownership of immovable property and its actual use in connection with criminal activities are distinct legal and factual issues. Therefore, the ownership of the premises cannot, by itself, be treated as a bar against lawful investigation, search, seizure, preservation of evidence, or any other action permissible under law wherever the facts and circumstances so justify.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners themselves have admitted that on <strong>21-09-2024<\/strong>, the investigating authorities conducted search and seizure proceedings at the Amberpet premises and seized original Trust documents, members’ application forms, one laptop, office files and other records containing institutional as well as personal information. This admission clearly establishes that the Amberpet office has a direct and substantial nexus with the investigation relating to <strong>Crime No.358 of 2023<\/strong>. It further demonstrates that the said premises were actively utilised for activities connected with Dhanwantri Foundation International and that valuable documentary and electronic evidence had already been recovered therefrom during the course of investigation.<\/span><\/li><li><span style=\"color: #000000;\">The fact that an earlier search and seizure operation was conducted at the Amberpet office does not lead to the conclusion that all relevant evidence has already been recovered. Investigations involving complex financial frauds are dynamic and continuous in nature. Additional records, digital data, electronic devices, financial documents or other incriminating material may subsequently be created, transferred, concealed or stored at the same premises or at connected locations. Consequently, the investigating agency must remain free to undertake such further searches, inspections, forensic examinations and seizures as may become necessary during the course of investigation in accordance with law and based upon fresh information or investigative requirements.<\/span><\/li><li><span style=\"color: #000000;\">The mere circumstance that a final charge sheet has not yet been filed cannot be relied upon as a ground to prevent or restrict the preservation of evidence. On the contrary, during the pendency of an ongoing criminal investigation, it is imperative that the investigating authorities are permitted to preserve the premises, identify and secure additional records, conduct digital forensic imaging of electronic devices, trace financial transactions, identify connected companies and entities, prevent the destruction, concealment or transfer of evidence, and secure assets that may ultimately be utilised for compensating the victims and depositors. Any premature interference with these investigative measures would seriously impede the effective administration of criminal justice and frustrate the ultimate recovery process.<\/span><\/li><li><span style=\"color: #000000;\">Dhanwantri Foundation International was represented before members of the Brahmin community as a charitable Trust established for the welfare and upliftment of the community. However, the material presently available with the victims indicates that the name, identity, goodwill and logo of DFI were simultaneously utilised in connection with several commercial companies, investment schemes, real estate ventures and other business activities promoted by the accused persons. Receipts, brochures, advertisements, assurances and other representations bearing the DFI name and logo created confidence among innocent investors, many of whom genuinely believed that they were dealing with a welfare institution functioning solely for charitable purposes. Acting upon such representations, they invested substantial sums of money, which have neither been returned nor properly accounted for.<\/span><\/li><li><span style=\"color: #000000;\">The material collected by the Victims Rights Protection Trust further indicates that numerous companies, firms and business entities were either established or operated by using the expression <strong>“DFI”<\/strong>, the DFI logo or the identity of Dhanwantri Foundation International. It is presently believed that approximately <strong>46 companies or business entities<\/strong> may have been promoted or controlled by the principal accused and their associates. However, the exact number of such entities, their legal status, directorship, shareholding pattern, beneficial ownership, registered offices, bank accounts, financial transactions and assets can only be ascertained through a comprehensive investigation involving the Ministry of Corporate Affairs, Registrar of Companies, banking institutions, GST authorities, the Income Tax Department and other competent statutory agencies. Such investigation is indispensable for determining the true extent of the financial network allegedly created by the accused persons and for identifying every asset liable to attachment and recovery.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust respectfully submits that an organisation projected before the public as a charitable institution established for community welfare cannot subsequently seek to avoid legal responsibility by contending that its associated commercial companies, Trust, directors and individual promoters are entirely separate and independent entities. Whether these entities genuinely functioned independently or were utilised collectively as an integrated mechanism for mobilising public deposits, conducting financial transactions and diverting investors’ funds is a matter requiring detailed forensic, financial and legal investigation. Such issues cannot be conclusively determined without a comprehensive examination of the entire organisational structure, management and financial dealings of the entities concerned.<\/span><\/li><li><span style=\"color: #000000;\">The records collected from numerous victims clearly indicate that the DFI office situated at <strong>Vaddera Basthi, Amberpet, Hyderabad<\/strong>, was repeatedly utilised for meeting investors, receiving applications and documents, issuing receipts, providing assurances, maintaining investor records and conducting the affairs of Dhanwantri Foundation International and its associated entities. The repeated use of the said premises for such activities establishes a direct nexus between the office and the transactions presently under investigation. Accordingly, the Amberpet office constitutes a vital location for the preservation, recovery and forensic examination of documentary as well as electronic evidence, and its continued protection is indispensable for ensuring an effective and meaningful investigation into the alleged offences.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust has also received credible information indicating that the premises known as <strong>Raghavendra Hospital<\/strong>, situated at <strong>Raghavendra Hills, Mylardevpally, Hyderabad<\/strong>, together with the connected premises, were allegedly utilised in connection with the affairs of Dhanwantri Foundation International and its associated companies. The information available suggests that the said premises may have been used for business communications, maintenance of accounts, administration of DFI-related entities and other institutional activities connected with the alleged fraudulent transactions. There is, therefore, a reasonable apprehension that account books, receipts, investor databases, financial records, computers, servers, mobile phones, storage devices, property documents and other material relevant to the ongoing investigation may still be available at the said premises. In these circumstances, a comprehensive investigation of the said premises has become both necessary and legally justified.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the relief sought is not intended to interfere with or disrupt any genuine medical services being rendered to patients. The Trust is not seeking the indiscriminate closure of the hospital or any action that may adversely affect emergency healthcare services. The limited prayer is that the investigating authorities be directed to conduct a lawful search, inspection and forensic examination of the hospital premises, including all offices, administrative sections, record rooms, digital facilities and other connected areas wherever there exists a reasonable possibility of locating material connected with Dhanwantri Foundation International and its associated entities. If any DFI-related records, financial documents, electronic devices, computers, servers, investor databases or other incriminating material are found, the same should be properly inventoried, digitally preserved wherever necessary, seized and secured strictly in accordance with the procedure established by law.<\/span><\/li><\/ol><h3><span style=\"color: #000000;\"><strong>AFFIDAVIT (Part\u20133)<\/strong><\/span><\/h3><ol start=\"23\"><li><span style=\"color: #000000;\">The proposed implead petitioner further submits that, in the event genuine hospital services are being provided at the said premises, the investigating authorities may take all necessary measures to ensure that emergency and essential medical services continue without interruption or inconvenience to patients. However, the existence of a functioning hospital cannot be permitted to operate as a shield against lawful investigation into office activities, financial transactions, corporate records, digital evidence or any other material connected with the affairs of Dhanwantri Foundation International and its associated entities. The investigating agency must be allowed to discharge its statutory duties in accordance with law while simultaneously ensuring that legitimate medical services remain unaffected to the greatest extent possible.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that unless the Amberpet DFI office and the relevant portions of the Raghavendra Hospital premises are immediately secured and preserved, there exists a grave and imminent risk that crucial documentary as well as electronic evidence may be removed, concealed, altered, destroyed or transferred to undisclosed locations. There is also a substantial possibility that bank records, property documents, investor applications, financial accounts, digital databases, computers, mobile devices and other material evidence may be tampered with or permanently lost. Such delay may further facilitate the continued misuse of the DFI name and logo, enable the dissipation or transfer of assets, mislead investors, obstruct the ongoing investigation and seriously prejudice the rights of thousands of affected victims and depositors. Preservation of these premises is, therefore, indispensable for ensuring a fair, effective and meaningful investigation and for safeguarding the administration of justice.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners have stated that they intend to challenge the orders passed by the Hon’ble High Court before the Hon’ble Supreme Court by filing a Special Leave Petition. However, the mere expression of such an intention does not automatically suspend, stay or nullify the operation of the existing attachment orders or the ongoing criminal investigation. Unless a competent Court grants a specific order of stay or suspension, every judicial order already passed continues to remain valid, binding and enforceable. Consequently, the investigating authorities remain fully empowered to proceed with the investigation and to undertake every lawful measure necessary for preserving evidence, securing assets and protecting the interests of the victims in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the grant of any interim order suspending or interfering with the notice dated <strong>07-07-2026<\/strong>, without first hearing the Victims Rights Protection Trust, would cause serious and irreparable prejudice to the rights and interests of more than <strong>1,198 victims and depositors<\/strong> represented by the Trust. Such an order may indirectly defeat, frustrate or render ineffective the specific reliefs already sought in <strong>W.P. No.17816 of 2026<\/strong>, particularly those relating to the sealing, preservation and seizure of the Amberpet office and the safeguarding of valuable documentary and electronic evidence. In the interests of justice, equity and fair adjudication, no interim protection ought to be granted in the absence of the proposed implead petitioner, whose presence is indispensable for placing the complete factual background before this Hon’ble Court.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust is neither a stranger to the present controversy nor an unrelated third party. On the contrary, it is the principal petitioner in the earlier writ petition concerning the very same alleged financial fraud, the same accused persons, the same <strong>Crime No.358 of 2023<\/strong>, the same DFI office situated at Amberpet, the same documentary and electronic evidence, the same attached assets and the rights and interests of more than <strong>1,198 victims and depositors<\/strong>. The issues involved in both proceedings are substantially interconnected and arise out of the same transactions and cause of action. Accordingly, the Trust is both a proper and necessary party whose presence is indispensable for the complete, effective and just adjudication of the present writ petition.<\/span><\/li><li><span style=\"color: #000000;\">The presence of the proposed implead petitioner is essential to enable this Hon’ble Court to effectively, comprehensively and finally adjudicate all the issues arising out of the present proceedings. Impleadment of the Victims Rights Protection Trust will ensure that the complete factual background, the pendency of <strong>W.P. No.17816 of 2026<\/strong>, the interests of the victims and the requirements of the ongoing criminal investigation are fully brought to the notice of this Hon’ble Court. Such impleadment will also avoid conflicting or inconsistent judicial orders in interconnected proceedings and will facilitate the effective administration of justice.<\/span><\/li><li><span style=\"color: #000000;\">The balance of convenience overwhelmingly favours the preservation of the Amberpet office, the relevant portions of the Raghavendra Hospital premises and all connected documentary and electronic evidence until the completion of the investigation. No irreparable prejudice would be caused to the petitioners if the investigating authorities are permitted to undertake lawful inventory, forensic imaging, preservation and seizure of records in accordance with law. Conversely, if such measures are delayed or obstructed, the victims may suffer irreversible loss owing to the destruction, concealment or alteration of vital evidence, thereby seriously compromising the investigation and frustrating the eventual recovery of assets intended for compensating the victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the petitioners cannot invoke the extraordinary equitable jurisdiction of this Hon’ble Court under <strong>Article 226 of the Constitution of India<\/strong> while withholding or suppressing material facts having a direct bearing on the controversy. It was incumbent upon the petitioners to make a full, fair and candid disclosure of the pendency of <strong>W.P. No.17816 of 2026<\/strong>, the reliefs sought therein relating to the very same Amberpet office and the proceedings already pending before this Hon’ble Court. Suppression of such material facts disentitles a litigant from seeking discretionary or equitable relief and warrants appropriate consideration by this Hon’ble Court while exercising its extraordinary jurisdiction.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully reserves the right to place before this Hon’ble Court such further material, victim statements, receipts, bank transaction records, company master data, documents bearing the DFI name and logo, address records, financial documents, digital evidence and any other relevant material as may become available during the course of investigation or as may be required by this Hon’ble Court for the proper adjudication of the present proceedings. The proposed implead petitioner further undertakes to extend full cooperation to the investigating authorities as well as to this Hon’ble Court to ensure that the truth is brought on record, the interests of the victims are effectively protected and the ends of justice are fully secured.<\/span><\/li><\/ol><h2><span style=\"color: #000000;\"><strong>PRAYER<\/strong><\/span><\/h2><p><span style=\"color: #000000;\">In the above facts and circumstances, it is therefore most respectfully prayed that this Hon’ble Court may be pleased to implead the <strong>Victims Rights Protection Trust<\/strong>, Registration No.209\/2025, represented by its Founder and Authorised Representative <strong>Sri Kalle Nagaraja Giri Prasad<\/strong>, as an additional respondent in the present writ petition; take judicial notice of the pendency of <strong>W.P. No.17816 of 2026<\/strong> and the proceedings already pending therein; decline to grant any ex parte or interim protection in relation to the notice dated <strong>07-07-2026<\/strong> or the Amberpet office without first hearing the proposed implead petitioner; direct the official respondents to immediately secure, inspect and, wherever legally required, seal the DFI office situated at Vaddera Basthi, Bagh Amberpet, Hyderabad; conduct a comprehensive inventory, preservation, forensic examination and seizure of all records, documents, electronic devices and materials connected with Dhanwantri Foundation International and its associated entities; direct an immediate lawful search, inspection and digital forensic examination of the premises known as <strong>Raghavendra Hospital<\/strong>, together with all connected premises at Raghavendra Hills, Mylardevpally, Hyderabad, while ensuring that genuine emergency medical services remain uninterrupted; further direct the competent authorities to investigate all companies, firms, Trusts and other entities using the name <strong>“DFI”<\/strong>, the DFI logo or the identity of Dhanwantri Foundation International through the Ministry of Corporate Affairs, Registrar of Companies, banks, Income Tax Department, GST authorities, Registration Department and other statutory agencies; order a comprehensive forensic audit of all financial transactions, investor records and digital evidence connected with DFI and its associated entities; and finally pass such other order or orders as this Hon’ble Court may deem fit and proper in the interests of justice, protection of victims’ rights, preservation of evidence, effective investigation, recovery of assets and equitable compensation to the genuine victims and depositors affected by the alleged fraudulent activities of Dhanwantri Foundation International.<\/span><\/p><h2><span style=\"color: #000000;\"><strong>VERIFICATION<\/strong><\/span><\/h2><p><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 I, <strong>Sri Kalle Nagaraja Giri Prasad<\/strong>, the deponent above named, do hereby verify that the contents of paragraphs <strong>1 to 31<\/strong> of this affidavit are true and correct to the best of my knowledge, information and belief. The factual averments are based upon the records maintained by the <strong>Victims Rights Protection Trust<\/strong>, documents furnished by the victims and depositors, and the court and investigation records presently available. The legal submissions are based upon legal advice received and believed by me to be true and correct. Nothing material has been concealed therefrom.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Verified at Hyderabad on this ___ day of __________, 2026.<\/strong><\/span><\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f8e63d elementor-widget elementor-widget-text-editor\" data-id=\"9f8e63d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h1><span style=\"color: #000000;\">PRESS NOTE<\/span><\/h1><p><span style=\"color: #000000;\"><strong>Hyderabad, 24 July 2026<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Sri <strong>Giri Prasad Sarma Kalle<\/strong>, Founder & Convenor of <strong>Victims Rights Protection Trust (VRPT)<\/strong>, has expressed serious concern regarding the continued delay in investigation, judicial progress, and communication with victims in the <strong>Dhanwantri Foundation International (DFI)<\/strong> fraud case.<\/span><\/p><p><span style=\"color: #000000;\">He stated that while the Hon’ble High Court for the State of Telangana has made remarkable progress in adopting technology and improving digital accessibility, there is still considerable scope for strengthening the efficiency of case listing, timely publication of judicial orders, and expeditious hearing of matters involving thousands of innocent victims.<\/span><\/p><p><span style=\"color: #000000;\">According to him, victims approach the Hon’ble High Court only after exhausting every available remedy before the police and other authorities. Therefore, once a matter reaches the constitutional court, every effort should be made to ensure timely listing, effective hearing and prompt judicial response so that justice is not unnecessarily delayed.<\/span><\/p><p><span style=\"color: #000000;\">Referring to the DFI case, he stated that nearly <strong>4,250 investors<\/strong> are alleged to have suffered losses estimated at approximately <strong>\u20b91,500 crore<\/strong>. He observed that despite the gravity of the allegations and the large number of affected families, many victims continue to await meaningful progress.<\/span><\/p><p><span style=\"color: #000000;\">He further stated that <strong>Criminal Petition (CRLP) No. 58 of 2026<\/strong>, filed before the Hon’ble High Court seeking cancellation of bail, remains pending. According to him, despite placing documentary material before the Court, the matter is yet to reach final consideration.<\/span><\/p><p><span style=\"color: #000000;\">He also stated that <strong>Writ Petition No. 17816 of 2026<\/strong>, filed by Victims Rights Protection Trust seeking various directions relating to investigation, tracing of assets, seizure proceedings and protection of victims’ interests, also remains pending before the Hon’ble High Court.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad observed that although proceedings before various courts have continued, the victims remain deeply concerned that, according to their understanding, the accused continue to enjoy the alleged proceeds of the fraud while many affected investors continue to experience severe financial hardship and emotional distress.<\/span><\/p><p><span style=\"color: #000000;\">He expressed concern that, to the best of the Trust’s knowledge, <strong>no final charge sheet or preliminary charge sheet has yet been filed<\/strong> in the criminal case. According to him, this has caused anxiety among thousands of victims who are awaiting completion of the investigation and commencement of trial.<\/span><\/p><p><span style=\"color: #000000;\">He further stated that the Trust has submitted <strong>approximately ten official representations<\/strong> to the Central Crime Station (CCS), Hyderabad, requesting investigation updates and specific investigative action. However, according to the Trust, <strong>no formal written replies have been received<\/strong> to those representations.<\/span><\/p><p><span style=\"color: #000000;\">He also expressed concern that <strong>no comprehensive official public statement<\/strong> has been issued by CCS explaining the present status of the investigation, the progress of asset tracing, recovery proceedings, or the proposed roadmap for securing justice to the victims. He stated that periodic official communication would greatly reduce uncertainty among affected investors.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad further stated that several complaints and representations were submitted requesting immediate action for preservation of documentary and digital evidence. According to him, the Trust is concerned that the <strong>DFI office situated at Amberpet has not yet been seized<\/strong>, despite directions sought before the Hon’ble High Court and repeated representations requesting preservation of evidence. He stated that this has raised serious concerns among victims regarding protection of crucial records and electronic evidence.<\/span><\/p><p><span style=\"color: #000000;\">He further stated that the Trust has also submitted complaints alleging continued alienation and sale of certain properties by the accused and has requested immediate intervention by the investigating authorities. According to him, the victims expect prompt verification of such complaints and appropriate action wherever warranted under law.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad observed that victims frequently approach senior police officers seeking updates. However, he expressed the view that effective supervision should be accompanied by continuous monitoring of the investigation so that victims receive timely responses and meaningful progress.<\/span><\/p><p><span style=\"color: #000000;\">He reiterated that the Trust has voluntarily collected and submitted documents, receipts, affidavits, witness statements and other material to assist the investigation and will continue extending complete cooperation to all competent authorities.<\/span><\/p><p><span style=\"color: #000000;\">Considering the magnitude of the alleged fraud, the number of victims involved, the complexity of financial transactions, and the necessity for comprehensive tracing of assets, <strong>Victims Rights Protection Trust has urged the Government of Telangana to transfer the Dhanwantri Foundation International (DFI) investigation to the Enforcement Directorate (ED) and the Crime Investigation Department (CBCID)<\/strong> for an independent, specialised and coordinated investigation into all financial, property and related aspects of the case.<\/span><\/p><p><span style=\"color: #000000;\">The Trust has further requested that the investigating agencies provide periodic official updates to victims, expedite tracing and attachment of assets, preserve all documentary and digital evidence, and complete the investigation within a reasonable time in accordance with law.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad also announced that, in view of continuing concerns regarding the investigation and protection of victims’ rights, <strong>Victims Rights Protection Trust is in the process of filing additional proceedings before the Hon’ble High Court seeking further appropriate directions on issues affecting the interests of thousands of innocent depositors.<\/strong><\/span><\/p><p><span style=\"color: #000000;\">The Trust reaffirmed its commitment to cooperate fully with all investigating agencies and the judiciary and expressed hope that all pending legal proceedings will be concluded expeditiously so that justice is delivered to the affected victims in accordance with law.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Issued by:<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Victims Rights Protection Trust (Regd. No. 209\/2025)<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Sri Giri Prasad Sarma Kalle<\/strong><\/span><br \/><span style=\"color: #000000;\">Founder & Convenor<\/span><br \/><span style=\"color: #000000;\">Hyderabad<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d967fb elementor-widget elementor-widget-image\" data-id=\"4d967fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"960\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-683x1024.png\" class=\"attachment-large size-large wp-image-839\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-683x1024.png 683w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-200x300.png 200w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-768x1152.png 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM.png 1024w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04a7dd7 elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"04a7dd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{"drop_cap":"yes"}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<blockquote><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>To\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a023\/06\/2026<\/strong><\/span><br \/><span style=\"color: #000000;\">The Deputy Commissioner of Police<\/span><br \/><span style=\"color: #000000;\">Central Crime Station (CCS)<\/span><br \/><span style=\"color: #000000;\">Detective Department, Hyderabad<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Through Proper Channel\u00a0 The ACP Team VI. CCS DD Hyderabd<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Subject:<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Crime No.358\/2023 \u2013 Dhanwantri Foundation International (DFI) Fraud Case \u2013 Representation seeking Immediate Consequential Action pursuant to the Common Judgment dated 05-05-2026 of the Hon’ble High Court of Telangana, including Identification and Recovery of Concealed Assets, Custodial Examination of Accused and Associates, Preservation of Electronic and Documentary Evidence, Protection of Depositor Interests, and Initiation of Proceedings before the Hon’ble Special Court for Asset Realization, Public Auction, Creation of Court-Supervised Escrow Account, Victim Verification, Approval of Distribution Mechanism and Eventual Restitution of Investor Funds to Genuine Victims \u2013 Reg.<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Respected Sir,<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 We respectfully submit that Crime No.358\/2023 registered by the Central Crime Station, Hyderabad pertains to a large-scale financial fraud affecting thousands of innocent investors, senior citizens, pensioners <\/span><br \/><span style=\"color: #000000;\">and middle-class families who invested their hard-earned savings in Dhanwantri Foundation International (DFI), DFI Trust and its interconnected entities on the promise of plots, debentures, shares, welfare schemes, financial benefits and assured returns. It is respectfully submitted that the Hon’ble High Court of Telangana, vide Common Judgment dated 05-05-2026 in Criminal Appeal Nos.1040, 1041, 1042, 1043, 1044, 1045, 1046 and 1047 of 2025, dismissed all appeals preferred by DFI, DFI Trust and associated entities and affirmed the attachment proceedings initiated under the Telangana Protection of Depositors of Financial Establishments Act, 1999. The Hon’ble High Court has categorically upheld the applicability of the Depositors Act and rejected the principal contentions advanced by the accused entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Further, the learned Special Court at Nampally has already made the attachment proceedings absolute. Consequently, the legal protection afforded to depositor interests has attained finality at the present stage and the matter now requires progression towards identification of all assets, recovery of proceeds of crime, realization of attached properties and eventual restitution of investor funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">At the outset, it is respectfully submitted that substantial concerns continue to exist regarding the existence of undisclosed assets, concealed transactions, benami holdings, diverted funds and suppressed records connected with the accused persons and their associates. Information available with victims indicates that the properties presently attached may not represent the entirety of the assets acquired, controlled or enjoyed through investor funds mobilized by DFI and its group entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims continue to receive information from various sources suggesting the existence of additional lands, layouts, immovable properties, bank accounts, investments, fixed deposits, locker contents, gold holdings, jewellery, digital assets, cash reserves and benami properties which may not yet have been brought within the scope of investigation or attachment proceedings. If such information is found to be true upon investigation, the presently attached properties alone may not represent the full recovery potential available for the benefit of depositors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In these circumstances, it is respectfully requested that CCS may undertake a comprehensive and intensive exercise for tracing all remaining assets connected directly or indirectly with the principal accused, trustees, directors, office bearers, family members, representatives, agents, associates, intermediary entities and suspected benamidars.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (VRPT) is prepared to cooperate fully with the investigating agency and furnish additional documentary material, transaction details, property information and other evidentiary leads presently available with victims, which may assist CCS in identifying concealed assets and undisclosed transactions.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is further submitted that if considered necessary in the interest of effective investigation, tracing of concealed assets, identification of proceeds of crime and recovery of evidence, CCS may kindly examine the necessity of custodial interrogation and custodial examination of the principal accused persons and key associates connected with DFI and its group entities. Such examination may assist in identifying undisclosed assets, locating hidden records, tracing diverted funds, identifying benami transactions, recovering digital evidence and determining the complete extent of investor funds mobilized and diverted.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">If any additional permissions, authorizations or judicial directions are required for such custodial examination, search proceedings or recovery measures, it is respectfully requested that appropriate applications may be moved before the competent authorities and jurisdictional courts in accordance with law.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is further submitted that complaints continue to be received from victims regarding the existence of records, databases, investor information and operational materials connected with DFI and its associated establishments. Since such records may constitute crucial evidence in Crime No.358\/2023, it is respectfully requested that all relevant investor registers, subscriber records, deposit records, allotment records, debenture records, accounting records, ledgers, computer systems, servers, mobile devices, cloud storage accounts and electronic records may be secured, preserved and examined in accordance with law.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Particular attention may kindly be given to preservation of electronic evidence. Mobile phones, laptops, computers, hard disks, accounting software, digital communication records and other electronic devices may contain critical information relating to undisclosed assets, diversion of investor funds, financial transactions and involvement of associated persons. Preservation and forensic examination of such evidence may substantially assist the investigation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is also respectfully submitted that all banking transactions connected with the accused persons, their associates, related entities and suspected benamidars require comprehensive scrutiny. Victims continue to express serious apprehension regarding possible movement of funds, transfers, withdrawals and diversion of assets after registration of Crime No.358\/2023 and during the pendency of attachment proceedings.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Accordingly, it is requested that CCS may examine all relevant financial transactions and, wherever legally warranted, consider seeking appropriate orders for monitoring, protection, preservation or freezing of accounts, investments and financial instruments so that depositor interests are not prejudiced by dissipation or concealment of assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims further submit that Sections 3, 4 and 7 of the Telangana Protection of Depositors of Financial Establishments Act, 1999 provide a statutory framework for attachment, administration and protection of assets for the benefit of depositors. In view of the affirmation of attachment proceedings by the Hon’ble High Court and the orders already passed by the learned Special Court, the matter is now ripe for consequential recovery proceedings.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Accordingly, it is respectfully requested that CCS may prepare appropriate reports and place necessary material before the Competent Authority and Learned Public Prosecutor for moving suitable applications before the learned Special Court seeking consequential directions relating to identification of additional assets, consolidation of attached and benami properties, valuation of assets, realization of properties, auction proceedings and recovery of funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Upon completion of asset tracing and valuation, appropriate steps may kindly be initiated for realization of attached properties through transparent legal mechanisms including public auction wherever considered appropriate by the learned Special Court.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims further submit that all amounts realized through auction, recovery proceedings, settlements, liquidation of assets or other lawful means may be deposited into a Court-supervised Escrow Account or Nodal Account maintained in a Nationalized Bank under appropriate judicial oversight. Such a mechanism would ensure transparency, accountability and protection of recovered funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Thereafter, a comprehensive victim verification process may be undertaken by scrutinizing receipts, agreements, certificates, payment records, bank statements and other supporting material so that a final authenticated register of eligible claimants may be prepared.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Following completion of verification, appropriate proposals may be placed before the learned Special Court seeking approval of a transparent and equitable distribution mechanism so that recovered funds may ultimately be disbursed to genuine victims in accordance with law.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims respectfully submit that such a recovery mechanism is neither unprecedented nor unknown to Indian jurisprudence. Similar approaches have been adopted in major depositor protection matters under the MPID Act, TNPID Act and other large-scale financial fraud cases where attached assets were realized and recovered funds were distributed under judicial supervision for the benefit of depositors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims further submit that throughout the course of investigation they have consistently cooperated with CCS and have pursued remedies strictly through lawful means. The filing of W.P. No.17816 of 2026 before the Hon’ble High Court was not intended to inconvenience the investigating agency but was necessitated by circumstances and undertaken solely for protection of depositor interests.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is respectfully submitted that the victims do not desire to initiate another round of litigation against CCS or other authorities. It is neither their intention nor their preference to burden the investigating agency with further writ proceedings. On the contrary, the victims sincerely hope that all necessary consequential measures will now be undertaken administratively and legally in view of the judgment dated 05-05-2026.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">However, if consequential recovery proceedings, tracing of concealed assets, preservation of evidence and protection of depositor interests continue to remain unattended despite repeated representations and the judicial developments already referred to above, the victims may unfortunately be left with no efficacious alternative remedy except to once again invoke the extraordinary jurisdiction of the Hon’ble High Court for protection of their legal rights and interests.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims sincerely hope that such a course of action will not become necessary. It is their earnest expectation that CCS will continue to extend full cooperation and take all lawful measures required for tracing concealed assets, securing evidence, protecting depositor interests and advancing the matter towards recovery and restitution.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In these circumstances, we humbly request your good office to consider this representation in its true spirit and initiate all consequential investigative and legal measures permissible under law so that justice may be delivered to thousands of affected investors who have been waiting for recovery of their life savings for several years.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">REPORT ON THE ORIGIN, STRUCTURE AND SUBSEQUENT MISUSE OF DHANWANTARI FOUNDATION INTERNATIONAL (DFI) BY THE ACCUSED<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Upon examination of the official website of <strong>Dhanwantari Foundation International (DFI)<\/strong>, the Trust Board details, Life Trustee information, organizational objectives, membership claims, achievements and associated publications, it is evident that DFI was originally projected as a charitable, social, educational and community welfare organization intended to work for the upliftment of the Brahmin community. The website prominently displays religious mottos, social service objectives, educational goals, healthcare initiatives, student welfare activities, employment generation programs and community development projects. The representations made on the website created a strong impression that DFI was a genuine public welfare trust supported by eminent personalities, professionals, retired civil servants, doctors, scholars and respected members of society.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records displayed on the website reveal that the organization was initially structured around a Trust model with multiple Trustees and Life Trustees. The names displayed include <strong>Dr. Pantangi Kamalakara Sharma (Founder Chairman & Managing Trustee), Dr. Pantangi Jayasree Sharma (Trust Board Member), Dr. Vithal Rao, Dr. Mahabhashyam Vijay Kumar, Dr. Sanivarapu Venkata Krishna Rao, Late Sri P.V.R.K. Prasad IAS (Retd.), Sri R. Prabhakar Rao IPS (Retd.), Sri Chebiyam Ramakrishna, Dr. B.N. Ravikumar, Dr. Madhusudan Joshi and Dr. A.V. Ratnam<\/strong>. The website further presents these individuals as Trustees, Advisors, Board Members and distinguished professionals associated with the Trust. Their names, professional credentials, addresses, telephone numbers and contact details were publicly displayed on the official DFI platform, thereby creating confidence among members of the Brahmin community that the organization was being administered collectively by respected and credible individuals.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website further claims that DFI had grown into an international organization with a membership exceeding <strong>2,50,000 persons<\/strong>, spread across India and abroad. The website states that the members included Doctors, Engineers, Advocates, Bureaucrats, Chartered Accountants, Professors, Industrialists, Bankers, Students and other professionals. Such representations created a perception that DFI had acquired significant social standing, organizational strength and financial credibility. These claims were repeatedly used to attract new members, donors, investors and supporters.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The stated objectives of DFI, as displayed on the website, include establishment of Veda Pathasalas, Sanskrit Colleges, Medical Colleges, Engineering Colleges, Professional Colleges, Research Institutions, Hospitals, Vocational Training Centres, Self-Employment Projects, Student Hostels, Old Age Homes, Marriage Assistance Programs and various welfare activities. The website also claims that DFI intended to establish a Deemed University and create a worldwide network for the welfare of the Brahmin community. These lofty objectives, combined with the involvement of eminent personalities, generated enormous goodwill and trust among the public.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website further contains a lengthy list of claimed achievements, including conduct of major religious programs, Chandi Yagams, Gayatri Yagams, Upanayanams, Marriage Conventions, Scholarship Programs, Health Camps, Medical Services, Employment Programs, Establishment of Branches in multiple States, Educational Activities, Publications and Community Service Programs. It also claims that DFI had distributed scholarships, conducted health camps serving thousands of patients, created a land bank of approximately 2,200 acres, established various institutions and undertaken numerous welfare activities. These representations substantially enhanced the public image of DFI and encouraged members of the Brahmin community to repose confidence in the organization.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">However, the material collected by Victims Rights Protection Trust (VRPT), including victim complaints, financial records, publications, company documents, agreements, receipts, promotional brochures and communications, indicates that the original charitable image of DFI was gradually transformed into a platform for mobilization of funds through various commercial entities floated and controlled by the accused. Evidence indicates that after gaining public confidence through the Trust structure and the association of eminent Trustees, the accused progressively centralized control over DFI affairs and began operating through multiple private companies and commercial ventures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records reveal that over a period of time, many of the original Trustees and respected personalities who lent credibility to the organization ceased to have any visible operational role in the management of the affairs that subsequently emerged. Despite the public display of a large Trust Board and collective governance structure, the actual decision-making process increasingly came under the control of the accused and his immediate associates. Numerous commercial entities including <strong>DFI Nirmaan Pvt. Ltd., Dharani Shelters Pvt. Ltd., DFI Ventures Ltd., DFI Infra Projects Pvt. Ltd., DFI IT Solutions Pvt. Ltd.<\/strong> and other associated concerns were floated and promoted while continuing to utilize the name, logo, reputation and goodwill of Dhanwantari Foundation International.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The most significant aspect emerging from the records is that the DFI logo, Trust identity, membership network and charitable image were repeatedly used in connection with real estate ventures, investment schemes, debenture programs, plot bookings, development charges, maintenance charges, infrastructure projects, IT ventures and various collection programs. Investors and members were encouraged to invest money not merely on the basis of commercial merit but on the belief that the ventures were being undertaken under the umbrella of a respected charitable Trust dedicated to community welfare.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VRPT’s investigation indicates that this transition from a charitable Trust model to a network of commercial collection entities occurred without transparency to members and investors. Many victims have specifically stated that they invested money because they trusted the DFI name, the Trust structure, the involvement of eminent Trustees and the repeated representations that the funds would be utilized for community development and welfare projects. The continued use of the Trust name and logo alongside private commercial ventures created an impression that all such ventures carried the endorsement and institutional backing of the Trust.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The evidence further indicates that while large-scale collections were made through real estate projects, memberships, investments, debentures and related schemes, the promised projects either remained incomplete, failed to materialize, remained unregistered or did not yield the promised returns. Simultaneously, the accused continued publishing promotional material, issuing assurances, launching new ventures and seeking further collections. Even after serious financial distress became evident and investor liabilities accumulated, collections reportedly continued through multiple channels.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VRPT has received and verified thousands of complaints, representations, emails and supporting documents from victims across various States. The investigation conducted by VRPT indicates that the goodwill generated by the Trust, the names of eminent Trustees, the projected membership strength, the religious and social service activities and the public image of DFI were instrumental in attracting investors and facilitating collections. The evidence suggests that the accused first established credibility through a Trust-based structure supported by respected personalities and subsequently utilized that credibility to promote and expand a network of commercial ventures and collection activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the considered opinion of VRPT, the entire sequence of events requires thorough investigation by the competent authorities to determine the extent to which the Trust name, Trust logo, membership network, trustee structure and charitable representations were utilized for mobilization of public funds through associated commercial entities. The circumstances also require examination of the role of various companies floated under the DFI banner, the movement of funds between such entities, the utilization of investor funds, the authorization for use of the DFI identity and the extent to which members, investors and even original Trustees may have been kept unaware of the true nature and scale of subsequent financial operations.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The material presently available indicates that the accused initially built public confidence by associating with highly respected personalities, presenting DFI as a community welfare Trust and projecting ambitious social objectives. Thereafter, the DFI identity was extensively used for launching multiple commercial ventures, collecting funds from the public and expanding financial activities. The resulting losses suffered by thousands of investors, coupled with the subsequent criminal proceedings, make it imperative that the entire evolution of DFI from a charitable Trust into a network of collection-oriented commercial entities be investigated comprehensively so that responsibility may be fixed upon all persons involved and justice may be secured for the victims.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">========<\/span><br \/><span style=\"color: #000000;\"><strong>REPORT ON MULTIPLE DFI TRUST WINGS, DONATION ACCOUNTS, ONLINE COLLECTIONS AND MISUSE OF CHARITABLE IMAGE<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">According to the website pages displayed under the name of <strong>Dhanwantari Foundation International<\/strong>, the accused Dr. P. Kamalakara Sharma did not restrict his activities only to real estate ventures. The website shows that several trusts, wings, donation schemes, membership plans, goshala schemes, hospital donation plans, old age home services, Brahmana Jagruti activities and online payment facilities were projected under the DFI name and logo. These pages created an impression that DFI was a large charitable, spiritual, social and community welfare institution, while in parallel the same name, logo, office structure and public faith were used for collecting money under multiple heads.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website page relating to <strong>DFI Gosamrakshana Trust<\/strong> states that the Trust was founded on 30.07.2015 by Dr. P. Kamalakara Sharma at Mallapuram Village, Midjil Mandal, Mahabubnagar District. The page displays trustees including Dr. P. Kamalakara Sharma as Managing Trustee, Late Sri P.V.R.K. Prasad IAS (Retd.) as Chief Adviser, Late Sri V.S. Rao as General Secretary, Smt. V. Prameela Rani, Smt. P. Satyasree, Sri Nippani Rama Mohana Rao, Smt. Akella Anuradha, Sri K. Vasudeva Murthy and Smt. L. Padmaja. The website further claims that the total project cost was Rs.58 lakhs and lists works such as sheds for desi cows, caretakers\u2019 quarters, chaff cutter and storage shed, veterinary clinic, bull shed, calf shed, sick animal treatment shed, bore well, rain gun irrigation and vermicompost shed. The website states that the above works were completed.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website further states that the Goshala had 54 desi cows and that DFI was taking care of their health with the assistance of the Veterinary Department. It also states that another 100 desi cows could be accommodated in a proposed additional Goshala and that construction would cost approximately Rs.50 lakhs. The page also displays donor details for August and September 2023 with names, places, receipt numbers, type of donation and amounts. This shows that even during 2023, when investor grievances and financial defaults were already serious, the DFI website continued to collect and publish donations in the name of Goshala and Go Seva.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The same page further states that donations could be made by cheque or demand draft in favour of <strong>\u201cDFI Gosamrakshana Trust\u201d<\/strong> and could also be made online to <strong>Union Bank of India, Himayathnagar Branch, Account No.555702010003644, IFSC Code UBIN0802018<\/strong>. It also directs members to contact <strong>Sri N. Rama Mohana Rao, Mobile No.9441585999<\/strong> for further details. This shows that a separate banking route was publicly created for Goshala donations, apart from the real estate and investment accounts already promoted through other DFI-linked entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website also displays an <strong>Online Payment<\/strong> section under DFI, showing membership plans and donation options. The membership plans include General Membership at Rs.50\/-, Life Membership at Rs.1,500\/-, Premier Life Membership at Rs.2,000\/-, NRI Membership at USD 100, Corpus Fund Donation from Rs.100\/- to a maximum of Rs.1 crore, and Satyanarayana Vratam Donation of Rs.1,116\/- for one month and Rs.6,116\/- for one year. This clearly indicates that the accused had created an online collection system for different categories of payments under the DFI name.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The online payment page further shows <strong>DFI Donations<\/strong> under the heading of <strong>DFI Niraamayam & Hospital<\/strong>. The donation categories displayed include DFI Swasthya Health Card under DSC General for Rs.11,000\/-, One Square Feet Donor for Rs.2,000\/-, Poshaka Donor for Rs.1,00,000\/-, Rajaposhaka Donor for Rs.5,00,000\/-, Maharaja Poshaka Donor for Rs.50,00,000\/- and Chakravarthi Poshaka Donor for Rs.1,00,00,000\/-. The page mentions privileges such as acknowledgement receipt, income tax deduction certificate and thankful letter, with validity periods ranging from 5 years to 20 years. In some categories, it states that the donor\u2019s name would be displayed on common boards, inpatient rooms or one floor of the hospital. These hospital-related donation slabs show that very large donations were solicited in the name of hospital construction and health services.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website also shows <strong>DFI Gosamrakshana Donations<\/strong> with separate categories such as cow fodder expense at Rs.599\/-, cow fodder expense for a week at Rs.1,400\/-, monthly veterinary and medicine expenses at Rs.11,000\/-, Go Puja expense at Rs.1,111\/-, Go Daanam involving cow and calf at Rs.58,000\/- and a future contribution scheme at Rs.11,111\/-. Each category contains a \u201cPay Now\u201d facility. This establishes that the accused and his associates had opened multiple online payment channels not only for membership and hospital donations but also for cow protection, religious services and related charitable collections.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website page relating to <strong>DFI Bhavya \u2013 Old Age Home for Brahmins<\/strong> states that DFI Bhavya was established during May 2012 to facilitate helpless elders of the community to live peacefully and with dignity. The page displays facilities such as air-conditioned rooms, non-air-conditioned rooms, dormitory and day care. It also mentions amenities including TV, newspaper, periodic general health check-up, breakfast, lunch, evening tea and dinner. The page identifies <strong>Dr. P. Kamalakara Sharma as Founder Trustee<\/strong> and gives contact details of <strong>Sri N. Rama Mohana Rao, Administrator, Mobile No.9441585999<\/strong>. This shows that old age home services were also used as part of the charitable image projected by DFI.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website page relating to <strong>DFI Brahmana Jagruti<\/strong> states that Satyanarayana Vratam was conducted at DFI Administrative Office on every Pournami day and that DFI staff would visit an orphanage and donate an amount equal to one day meal to inmates. The page lists trustees of DFI Brahmana Jagruti as Dr. Pantangi Kamalakara Sharma, Founder Chairman and Managing Trustee, Dr. Pantangi Jayasree Sharma, Trustee, Sri Vennelaganti Subba Rao, General Secretary, and Smt. Peesapati Satyasree, Trustee. The page further invites members to participate in Satyanarayana Vratams by paying Rs.1,116\/- and also permits participation by depositing Rs.6,116\/-, stating that the pooja would be performed every month with Gotranamas and Prasadam would be sent by post. It also states that members could participate personally every year, and that the advance amount could be refunded on request.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The Brahmana Jagruti page further directs members to remit amounts to <strong>Dhanwantari Foundation International Brahmana Jagruti, Union Bank of India, Himayathnagar, Account No.555702010002124, IFSC Code UBIN0802018<\/strong>. It also states that cheques could be sent to the Administrative Office of Dhanwantari Foundation International Brahmana Jagruti at H.No.2-2-1108\/6\/8, Tilaknagar X Roads, Amberpet, Hyderabad \u2013 500044. For further details, members were directed to contact <strong>Smt. B. Uma Rani, Mobile No.9963344113<\/strong>. This again shows a separate collection route in the name of religious and community activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The cumulative website material shows that the accused created and projected several different wings under the DFI banner, including DFI Gosamrakshana Trust, DFI Niraamayam and Hospital, DFI Brahmana Jagruti, DFI Bhavya Old Age Home, membership plans, corpus fund donation schemes, Satyanarayana Vratam schemes, health card donations and Go Seva donations. Each activity was projected as charitable, religious, social or community welfare work. However, each activity also contained separate payment categories, bank accounts, Pay Now buttons, contact persons and donation slabs. This establishes that DFI was being used as a broad collection platform under several different emotional, religious and welfare-oriented heads.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The most serious issue is that when Crime No.358\/2023 was registered, many complainants and victims were not aware of the full extent of these multiple wings, accounts, donation schemes, trust accounts, online payment categories, real estate entities and associated companies. The initial complaint was therefore not based on the entire financial network of DFI but on limited information available to a small group of victims. The accused and his associates were able to project the matter as if it related only to depositors or a limited investment dispute, while the larger structure of multiple accounts, trusts, companies, donation routes and online collections remained outside the knowledge of many victims at that stage.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records now examined by VRPT show that the accused was not operating one simple trust or one simple investment scheme. He created a complex ecosystem of charitable trusts, real estate companies, infrastructure entities, hospital donation schemes, goshala donation schemes, religious donation schemes, membership plans, old age home services and online payment mechanisms. All these were promoted under the common DFI name, logo, website and trust image. This method created public confidence, attracted elderly persons, retired employees, pensioners, families and Brahmin community members, and enabled continuous collections over several years.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The accused also used respected names, trustees, retired officials, doctors and social personalities in the original trust structure. By displaying prominent names and presenting DFI as a large Brahmin welfare institution, he gained the confidence of the community. However, the subsequent records indicate that control over the actual activities, bank accounts, companies and collections was centralized around the accused and his close associates. Many victims state that they trusted the DFI name because they believed it was a charitable and community institution supported by respectable people, not a private collection network controlled by a few persons.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The conduct becomes more serious because the accused allegedly stopped paying interest to investors from around 2019, but continued collections through different schemes until the registration of Crime No.358\/2023 and even thereafter through different routes. Victims include senior citizens, retired employees, pensioners, women, middle-class families and persons who invested gratuity amounts, retirement savings and life savings. While the accused later pleaded age and health considerations to obtain bail, the victims include persons older than him who were financially ruined after trusting his representations.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The entire matter requires deeper investigation beyond the limited original complaint. All accounts displayed on the DFI website, all Pay Now facilities, all trust accounts, all company accounts, all donor categories, all hospital donation schemes, all Goshala donation schemes, all religious schemes, all membership collections and all real estate collections must be traced and audited. The flow of money from each account must be examined. The role of each trustee, administrator, coordinator, marketing head, signatory and beneficiary must be verified. The source and use of funds collected under the name of welfare, Go Seva, hospital construction, old age home, membership, pooja, corpus fund and real estate must be investigated.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VRPT submits that the website evidence clearly demonstrates that DFI was used as a public-facing trust platform to generate confidence, while several parallel accounts and schemes were created for collections. The absence of strict scrutiny and effective regulatory monitoring enabled the accused to register and operate multiple entities, accounts and schemes under similar names and branding. This enabled a white-collar fraud pattern where public faith, religious sentiment, community identity and charitable language were used to mobilize crores of rupees from innocent victims.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Therefore, the competent investigating authorities, particularly DCP, DD-CCS, Hyderabad, are requested to treat the DFI website pages, donation screens, online payment pages, trust pages and bank account details as important evidence in Crime No.358\/2023. These materials show the scale, design and method of public collection used by the accused and his associates. The investigation must be expanded to cover not merely the deposits mentioned in the original FIR but the entire network of collections carried out through DFI Trust, DFI-linked companies, donation accounts, membership accounts, Goshala accounts, Brahmana Jagruti accounts, hospital donation accounts and related entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>PROJECT-WISE INVESTIGATION REPORT<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>DFI HOSPITAL PROJECT \u2013 PUBLIC COLLECTIONS VS BANK FINANCING<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Accused<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Dr. Pantangi Kamalakara Sharma<\/strong><\/span><br \/><span style=\"color: #000000;\">Founder & Managing Trustee<\/span><br \/><span style=\"color: #000000;\">Dhanwantari Foundation International (DFI)<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol><li><span style=\"color: #000000;\"><strong> Background of the Hospital Project<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The DFI group publicly promoted the establishment of a large multi-speciality hospital at Amberpet, Hyderabad. The project was presented as a charitable healthcare initiative intended to provide medical services to society while simultaneously inviting financial participation from members of the public. Through extensive publicity campaigns, website promotions and organizational activities, the project was projected as a major healthcare infrastructure initiative being undertaken under the DFI banner.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In connection with the hospital project, various donation categories were advertised to the public. These included the DFI Swasthya Health Card Scheme at \u20b911,000, the One Square Feet Donor Scheme at \u20b92,000, Poshaka Donor at \u20b91,00,000, Raja Poshaka Donor at \u20b95,00,000, Maharaja Poshaka Donor at \u20b950,00,000 and Chakravarthi Poshaka Donor at \u20b91,00,00,000. Donors were promised recognition, income-tax deduction certificates, display of donor names, naming privileges and other long-term benefits associated with the proposed hospital.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These public representations indicate that substantial funds were mobilized specifically in the name of hospital construction and healthcare development.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"2\"><li><span style=\"color: #000000;\"><strong> Simultaneous Public Fund Mobilisation Through Multiple Schemes<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Apart from the hospital-related donation programmes, the accused and associated entities were simultaneously collecting money from the public through numerous other channels. These included various DFI membership schemes such as General Membership, Life Membership, Premier Life Membership and NRI Membership.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Additional collections were made through Corpus Fund contributions, Satyanarayana Vratham schemes, Goshala-related programmes, Brahmana welfare activities, old age home donations, health card programmes, real-estate related investments and fixed deposit schemes. Each of these programmes involved separate appeals to the public and separate mechanisms for collection of funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The existence of multiple parallel collection channels demonstrates that public funds were being mobilized continuously through a wide variety of charitable, religious, healthcare, welfare and investment-oriented platforms.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"3\"><li><span style=\"color: #000000;\"><strong> Simultaneous Bank Borrowings for the Same Project<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">While public collections were being undertaken on a significant scale, records available through the CRISIL Rating Report dated 17 December 2021 reveal that DFI Hospitals Private Limited had simultaneously obtained ratings for substantial banking facilities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The report indicates sanctioned facilities consisting of a Term Loan of \u20b948.25 Crores and Cash Credit facilities of \u20b91.75 Crores, aggregating approximately \u20b950 Crores. The lending institution identified in the report is Union Bank of India.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The CRISIL documentation further records that DFI Hospitals Private Limited was engaged in setting up a 150-bed tertiary care hospital at Amberpet, Hyderabad. The promoters identified in the report include Dr. Kamalakara Sharma Pantangi, Dr. Jayasree Sharma Pantangi, Peesapati Satyasree and Anuradha Akella.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These records establish the existence of substantial institutional funding in addition to public fund mobilisation.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"4\"><li><span style=\"color: #000000;\"><strong> Fundamental Question Requiring Investigation<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A significant investigative issue arises from the coexistence of extensive public collections and large-scale bank financing.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">If public donations, donor contributions, health card collections and corpus fund receipts were genuinely utilized towards hospital construction, it becomes necessary to ascertain why an additional \u20b950 Crore banking facility was required for the same project.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The investigating agency may therefore determine the total amounts collected through donor programmes, health card schemes, membership schemes, corpus funds, real estate schemes and other fundraising activities connected with the project. The relationship between these collections and the bank borrowings requires detailed examination.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"5\"><li><span style=\"color: #000000;\"><strong> Possibility of Dual Funding Structure<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available material indicates the possibility that the hospital project may have been financed through two independent sources simultaneously.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The first source consists of public donations and contributions collected through various DFI programmes. The second source consists of institutional borrowings obtained from banking channels.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The investigation may therefore ascertain whether the project was funded entirely through public contributions, entirely through bank finance or through a combination of both. If both sources contributed towards financing the project, it becomes essential to identify the utilisation pattern of each category of funds and determine the ultimate destination of the public contributions collected.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"6\"><li><span style=\"color: #000000;\"><strong> Financial Risk Indicators Recorded by CRISIL<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The CRISIL assessment itself records several financial concerns relating to the project. The report refers to ongoing project risk, significant leverage, debt-funded expansion, risks of cost overruns, delays in commencement and dependence upon future revenues for viability.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The report further records an Adjusted Debt to Net Worth ratio of approximately negative 40.55 times, indicating a highly leveraged financial position. These observations suggest that the project was dependent upon substantial external funding and faced considerable financial risks even at the rating stage.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"7\"><li><span style=\"color: #000000;\"><strong> Subsequent Non-Disclosure Before CRISIL<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A subsequent CRISIL Advisory dated February 2023 records that DFI Hospitals Private Limited did not provide adequate information required for continuation and review of the rating process.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">CRISIL specifically noted the non-availability of information necessary for proper rating review. Such observations raise important questions concerning transparency, disclosure obligations and the availability of complete financial records for independent scrutiny.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"8\"><li><span style=\"color: #000000;\"><strong> Pattern of Fund Collections Across Multiple Themes<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Material collected from DFI websites and promotional documents indicates a recurring pattern wherein funds were mobilized under multiple emotional, charitable, religious and social themes.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These included hospital development, healthcare services, health cards, Goshala activities, Go Seva programmes, old age home projects, Brahmana welfare initiatives, Satyanarayana Vratham schemes, membership programmes, corpus fund collections and real-estate ventures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Each programme maintained separate appeals and collection mechanisms while operating under the broader DFI umbrella. Collectively, these activities appear to have generated sustained public confidence and facilitated continuous mobilisation of funds from members of society.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"9\"><li><span style=\"color: #000000;\"><strong> Larger Financial Network Discovered During Investigation<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">At the time Crime No.358 of 2023 was initially registered, many complainants were not aware of the full extent of the DFI corporate and financial structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Subsequent examination has revealed the existence of multiple companies, multiple entities, various collection mechanisms, separate donation programmes, banking facilities, online payment systems and interconnected organisational structures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The hospital project therefore cannot be viewed in isolation. Rather, it forms part of a larger network of entities and financial arrangements that may require integrated examination by the investigating authorities.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"10\"><li><span style=\"color: #000000;\"><strong> Matters Requiring Detailed Investigation<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the interests of a complete and transparent investigation, it may be necessary to obtain the complete banking records of DFI Hospitals Private Limited, including sanction documents, loan agreements, utilisation certificates and transaction statements relating to the Union Bank facilities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The total amount collected through hospital donations, health card programmes, donor categories and other public fundraising activities may also be identified and verified. A comprehensive forensic audit may then compare public collections, loan proceeds and actual project expenditure in order to determine whether any diversion, misapplication or unexplained movement of funds has occurred.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The investigation may further ascertain whether the same project was financed simultaneously through public donations and institutional borrowings, and if so, how each category of funds was utilized. Responsibility may thereafter be fixed upon all directors, trustees, promoters, office bearers and beneficiaries found to have participated in the management, control or utilisation of such funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Conclusion<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available material indicates that substantial amounts were collected from members of the public in the name of hospital construction, healthcare services and charitable welfare activities. At the same time, DFI Hospitals Private Limited appears to have obtained banking facilities of approximately \u20b950 Crores for the very same hospital project.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The central question that therefore requires detailed examination is straightforward: if the proposed hospital project was being financed through extensive public donations and contribution schemes, what was the precise utilisation of those public funds, and why was an additional \u20b950 Crore banking facility required?<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These issues merit detailed forensic financial examination by the competent investigating authorities, including CCS, banking regulators, Income Tax authorities and any other agencies empowered to trace the complete financial trail, identify fund utilisation patterns and protect the interests of affected investors and contributors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Analysis of Corporate Network Associated with Kamalakara Sharma Pantangi<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The corporate records reflected in the available database indicate that Mr. Kamalakara Sharma Pantangi (DIN: 00134889) has been associated with a large number of companies operating in diverse sectors over a period exceeding three decades. The records show active and historical involvement in pharmaceuticals, hospitals, construction, real estate, information technology, education, social welfare and infrastructure-related businesses. Such a broad corporate footprint naturally warrants closer examination to understand the nature and extent of interconnections among these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records show that Sree Raghavendra Hospitals Private Limited was incorporated in July 1994 and Sree Siva Raghavendra Remedies Private Limited in May 2001. These entities appear to represent the earliest phase of business activities linked to the group. Subsequently, additional companies were incorporated across unrelated sectors, indicating a gradual expansion from healthcare and pharmaceutical activities into other commercial domains.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Between 2007 and 2017, several additional entities were reportedly incorporated, including DFI Infotech India Private Limited, Dhanwantari Therapeutics Private Limited, Dhanwantari Bhavans Private Limited, Shruti Tutelage Private Limited, DFI Infra Projects Private Limited and DFI I.T. Solutions Private Limited. The incorporation of multiple companies across different industries raises important questions regarding common management, common funding sources and operational relationships between these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available records further indicate that Mr. Kamalakara Sharma Pantangi maintained directorship positions in a significant number of companies simultaneously. According to the information displayed, he has been associated with approximately 19 business entities and multiple associated individuals. Such a corporate structure may require examination to determine whether assets, liabilities, investments or business activities were distributed across different entities under common control.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records also identify several individuals who may have been associated with the same corporate network. These include Dr. Jayasree Sharma Pantangi, Akella Anuradha, Akella Renuka, Padmaja Lakkaraju, Annapurna Sarma Venkata Sreerangam, Rama Mohana Rao Nippani, Satya Sree Peesapati, Vennelaganti Subba Rao and Tata Satya Sai Baba Venkata. The exact nature of their involvement, whether as directors, shareholders, office bearers, associates or related parties, would require verification through official filings and regulatory records.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">From an investigative perspective, authorities may consider examining whether there were inter-company transactions, common bank signatories, common office addresses, related-party dealings, movement of funds between group entities, transfers of assets, development agreements, mortgage transactions or other financial arrangements involving these companies. Such examination may help establish whether the companies functioned independently or formed part of a larger interconnected business structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The existence of multiple companies across different sectors does not by itself establish any wrongdoing. However, where allegations of financial irregularities, diversion of funds or concealment of assets arise, a comprehensive forensic review of all connected entities becomes essential. Such an exercise would help identify the true ownership of assets, the flow of funds, the extent of liabilities and the role of various individuals connected with the corporate network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the interest of transparency and investor protection, it may therefore be appropriate for competent authorities to conduct a detailed examination of all associated companies, directors, shareholders, financial transactions, movable and immovable properties and related-party relationships. A complete understanding of the corporate structure would assist investigators in tracing assets, identifying responsibilities and ensuring that all relevant facts are placed before the appropriate judicial and regulatory authorities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Comprehensive Analysis of the Corporate Network Associated with the DFI Group<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A review of publicly available corporate records relating to the DFI Group indicates the existence of an extensive network of companies operating across a wide range of sectors including pharmaceuticals, hospitals, real estate, construction, information technology, publications, trading, education, social welfare, television and entertainment. The repeated appearance of a relatively small group of individuals as directors across multiple entities raises important questions regarding common management, centralized decision-making and the overall structure of the corporate network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Annapurana Sarma Venkata Sreerangam (DIN: 02841096) is reflected in corporate records as a Director of Sree Siva Raghavendra Remedies Private Limited, a pharmaceutical company incorporated on 10 May 2001. Available records indicate a long-standing association extending for approximately twenty-five years. Such a lengthy association suggests familiarity with the company’s historical operations, management structure, business activities and financial decisions over an extended period.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Anuradha Akella (DIN: 07221829) appears to be one of the key individuals associated with the broader DFI network. Corporate records show her serving as a Director in eight companies spanning real estate, information technology, healthcare, construction and entertainment sectors. These include DFI Infra Projects Private Limited, DFI I.T Solutions Private Limited, DFI Hospitals Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, PSS Avenues Private Limited and Clown Pictures Private Limited. The presence of a single individual across multiple sectors warrants careful examination of the operational and financial relationships among these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Rama Mohana Rao Nippani (DIN: 03483076) is associated primarily with companies engaged in construction and real estate activities, including PJS Avenues Private Limited, Pantangi Avenues Private Limited and DFI Nirmaan Private Limited. His long-standing involvement in these companies may be relevant in understanding property acquisitions, development activities, construction projects and asset-related transactions undertaken within the network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dr. Jayasree Sarma Pantangi (DIN: 00134991) appears to occupy a central position within the corporate structure. Public records reflect her association with eighteen companies over a period exceeding three decades. Her directorships include Dhanwantari Bhavans Private Limited, Shruti Tutelage Private Limited, Sree Raghavendra Hospitals Private Limited, Dhanwantari Therapeutics Private Limited, Dharani Sheltors Private Limited, DFI Publications Private Limited, DFI Traders & Distribution Company Private Limited and DFI Viniyog Private Limited. Her involvement across healthcare, pharmaceuticals, construction, publications, trading and business services suggests a significant role in the overall corporate framework.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Satya Sree Peesapati (DIN: 02608613) is associated with sixteen companies covering real estate, information technology, publications, trading, business services and construction. His directorships include DFI Infra Projects Private Limited, DFI I.T Solutions Private Limited, DFI Publications Private Limited, DFI Traders & Distribution Company Private Limited, DFI Viniyog Private Limited, SRS Avenues Private Limited and PKS Avenues Private Limited. The extensive overlap of directorships across multiple entities highlights the interconnected nature of the corporate structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Padmaja Lakkaraju (DIN: 07220283) is reflected as a Director in DFI Traders & Distribution Company Private Limited and SRS Avenues Private Limited. Her involvement in entities operating within trading and construction sectors may be relevant when examining business relationships and financial transactions among associated companies.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Akella Renuka (DIN: 08988826) appears as a Director in Clown Pictures Private Limited and DFI Television Private Limited. These entities operate within media, publication and entertainment-related sectors. Their role within the larger corporate ecosystem may require examination to determine whether they functioned independently or as part of an integrated group structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Tata Satya Sai Baba Venkata (DIN: 08411344) is reflected as a Director of DFI Television Private Limited. His association with the company appears to extend over several years and may be relevant in understanding media-related operations and corporate communications associated with the group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The overall pattern emerging from these records indicates that several individuals repeatedly appear across multiple entities incorporated between 1994 and 2020. The companies operate in diverse sectors including real estate, construction, healthcare, pharmaceuticals, information technology, publications, trading, television and entertainment. Where a common group of individuals occupies leadership positions across numerous entities, it becomes important to examine the nature of inter-company relationships, financial transactions, asset movements and governance structures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">This matter is no longer merely a question of corporate structure. Crime No. 358 of 2023 registered by CCS, Hyderabad has already resulted in several directors, management personnel and associated individuals connected with the DFI Group being named as accused persons. A number of such individuals have obtained anticipatory bail, while the principal accused, Dr. Kamalakar Sharma, is presently on regular bail. Proceedings relating to cancellation of bail are also presently under judicial consideration.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Through W.P. No. 17816 of 2026, Victims Rights Protection Trust (Regd. No. 209\/2025) has placed before the Hon’ble High Court serious concerns relating to investor protection, identification of assets, associated companies, benami transactions, alienation of properties and recovery of public funds. The dismissal of the stay relief sought by the accused has further strengthened the process of judicial scrutiny and investigation into the affairs of the DFI network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The primary objective of Victims Rights Protection Trust (Regd. No. 209\/2025) is not retribution, but the protection of investor interests and the lawful recovery of assets. Victims Rights Protection Trust (Regd. No. 209\/2025) seeks the identification of all movable and immovable properties allegedly acquired through public deposits and investor funds, the preservation of such assets under lawful supervision, and the establishment of an independent mechanism to ensure transparency and accountability.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) has consistently maintained that assets acquired through monies collected from thousands of investors must be identified, secured and brought within a transparent recovery framework. The Trust has requested judicial oversight and the formation of an appropriate committee mechanism capable of tracing assets, verifying ownership, examining liabilities and protecting the interests of affected investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The core concept advanced by Victims Rights Protection Trust (Regd. No. 209\/2025) is the creation of a transparent, government-supervised and legally compliant process through which identified assets may be brought to public e-auction, converted into recoverable funds and distributed fairly among all eligible investors. The objective is to ensure that every affected investor receives equitable treatment through a structured and accountable process rather than through private negotiations or informal arrangements.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Accordingly, the ultimate purpose of W.P. No. 17816 of 2026 is the identification of all assets connected with the DFI network, examination of ownership structures, tracing of financial flows, prevention of further alienation of properties, and implementation of a transparent recovery and distribution mechanism. Through these proceedings, Victims Rights Protection Trust (Regd. No. 209\/2025) seeks to maximize recovery for thousands of affected families and secure a fair, lawful and equitable resolution for all investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Report on Additional Companies Floated Under the DFI Corporate Network<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The additional company records indicate that the DFI group and its associated persons floated several companies over a short span of time, particularly between 2007 and 2011. These companies were created across different sectors such as publications, pharmaceuticals, construction, trading, healthcare, travel, advertising, information technology and business services. The pattern suggests that the accused persons did not operate through a single entity alone, but created a wider corporate structure with multiple companies, common addresses, common promoters, common directors and overlapping business purposes.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Common Registered Address Pattern<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A major feature visible from the records is that many companies were registered at the same or similar address, namely 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad, Telangana \u2013 500005. This address appears repeatedly in the records of DFI Publications Private Limited, Dhanwantari Therapeutics Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, Dhanwantari Bhavans Private Limited, Dharani Sheltors Private Limited, DFI Traders & Distribution Company Private Limited, DFI Vihar Private Limited, DFI Infotech India Private Limited, DFI Viniyog Private Limited, DFI Advertising Company Private Limited and DFI Health Care Services Private Limited. This repeated address pattern indicates that the companies may have been centrally controlled or operated from a common base.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Early Pharmaceutical and Healthcare Entities<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Sree Siva Raghavendra Remedies Private Limited was incorporated on 10 May 2001 as a private unlisted Indian non-government company engaged in manufacture of chemicals and chemical products. Its CIN is U24231TG2001PTC036693. The company has an authorized share capital of \u20b95 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 6-3-166, Inner Ring Road, Sivarampally, R.R. District, Telangana. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 30 September 2023. This appears to be one of the older companies in the network and may represent the early pharmaceutical or remedies-related foundation of the group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dhanwantari Therapeutics Private Limited was incorporated on 14 March 2008 as a private unlisted Indian non-government company engaged in manufacture of chemicals and chemical products. Its CIN is U24100TG2008PTC058165. The company has an authorized share capital of \u20b925 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 30 September 2023. This company appears to be part of the healthcare and pharmaceutical projection of the DFI structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Health Care Services Private Limited was incorporated on 20 March 2009 as a private unlisted Indian non-government company engaged in health and social work. Its CIN is U85100TG2009PTC063125. The company has an authorized share capital of \u20b95 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, Keshavagiri Post, R.R. District, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. This company appears to have been floated to strengthen the healthcare identity of the group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Publications, Media and Advertising Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Publications Private Limited was incorporated on 24 March 2008 as a private unlisted Indian non-government company engaged in publishing, printing and reproduction of recorded media. Its CIN is U22212TG2008PTC058289. The company has an authorized share capital of \u20b91 lakh and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 29 September 2022. This company may have been used for publication-related activities, promotional materials, printed communications or public image building connected with the DFI group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Advertising Company Private Limited was incorporated on 1 December 2009 as a private unlisted Indian non-government company engaged in other business activities. Its CIN is U74900TG2009PTC066052. The company has an authorized share capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. This company may require examination in relation to advertising, promotional campaigns, investor communications and brand-building activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Construction and Real Estate Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dharani Sheltors Private Limited was incorporated on 17 March 2008 as a private unlisted Indian non-government company engaged in construction. Its CIN is U45400TG2008PTC058202. The company has an authorized share capital of \u20b93 crores and paid-up capital of \u20b91.85 crores. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. The comparatively high paid-up capital of this company makes it an important entity for investigation in relation to construction activities, property acquisition, fund movement and asset creation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Nirmaan Private Limited was incorporated on 1 January 2010 as a private unlisted Indian non-government company engaged in construction. Its CIN is U45200TG2010PTC066524. The company has an authorized share capital of \u20b95 crores and paid-up capital of \u20b91.01 crores. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. This company appears to be one of the major construction entities within the network and should be examined for property development, land transactions, project agreements and source of capital.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Ventures Limited was incorporated on 15 January 2010 as a public unlisted Indian non-government company engaged in construction. Its CIN is U45209TG2010PLC066701. The company has an authorized share capital of \u20b910 crores and paid-up capital of \u20b91.261 crores. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. Since this company is a public unlisted company with substantial authorized capital, it may be an important vehicle in the larger construction and asset-holding framework.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dhanwantari Bhavans Private Limited was incorporated on 20 December 2011 as a private unlisted Indian non-government company engaged in construction. Its CIN is U45209TG2011PTC078111. The company has an authorized share capital of \u20b91 lakh and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 30 September 2023. This company appears to be another construction-related entity within the same network and requires scrutiny for property and building-related transactions.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Trading, Business Services and Travel Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Traders & Distribution Company Private Limited was incorporated on 21 June 2008 as a private unlisted Indian non-government company engaged in retail trade. Its CIN is U52100TG2008PTC059788. The company has an authorized share capital of \u20b91.25 crores and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. This company requires investigation to understand whether it had genuine trading operations or whether it was part of the financial and commercial structure of the DFI group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Viniyog Private Limited was incorporated on 22 December 2008 as a private unlisted Indian non-government company engaged in other business activities. Its CIN is U74900TG2008PTC062309. The company has an authorized share capital of \u20b95 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. The name \u201cViniyog\u201d itself suggests investment or utilization, and therefore this company may require examination for fund routing, business service billing and related-party transactions.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Vihar Private Limited was incorporated on 25 February 2010 as a private unlisted Indian non-government company engaged in supporting and auxiliary transport activities and activities of travel agencies. Its CIN is U63030TG2010PTC067244. The company has an authorized share capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. This company may require examination to determine whether it carried genuine travel-related operations or was connected with group activities, pilgrim services, member services or promotional outreach.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Information Technology Entity<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Infotech India Private Limited was incorporated on 20 December 2007 as a private unlisted Indian non-government company engaged in computer and related activities. Its CIN is U72200TG2007PTC056789. The company status is shown as Strike Off. It had authorized share capital of \u20b92.52 crores and paid-up capital of \u20b913.15 lakhs. Its latest balance sheet date available is 31 March 2014 and the last AGM was held on 29 September 2014. Even though the company is presently struck off, its past financial records, bank accounts, software-related activities, investor database handling, digital communication systems and website operations may remain relevant for investigation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Capital Pattern and Financial Questions<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records show a pattern where several companies had low paid-up capital of \u20b91 lakh, while some companies carried substantially higher authorized capital or paid-up capital. Dharani Sheltors Private Limited had paid-up capital of \u20b91.85 crores, DFI Nirmaan Private Limited had paid-up capital of \u20b91.01 crores and DFI Ventures Limited had paid-up capital of \u20b91.261 crores. DFI Infotech India Private Limited, though struck off, had paid-up capital of \u20b913.15 lakhs and authorized capital of \u20b92.52 crores. These differences require careful financial examination to identify the source of capital, shareholders, bank transactions, inter-company transfers and possible links with investor funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Pattern of Incorporation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A notable feature is that many companies were incorporated in a concentrated period from December 2007 to January 2010. DFI Infotech India Private Limited was incorporated in December 2007, Dhanwantari Therapeutics Private Limited and Dharani Sheltors Private Limited in March 2008, DFI Publications Private Limited in March 2008, DFI Traders & Distribution Company Private Limited in June 2008, DFI Viniyog Private Limited in December 2008, DFI Health Care Services Private Limited in March 2009, DFI Advertising Company Private Limited in December 2009, DFI Nirmaan Private Limited in January 2010, DFI Ventures Limited in January 2010 and DFI Vihar Private Limited in February 2010. This indicates rapid expansion of the corporate network within a limited time frame.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Relevance to Crime No.358 of 2023 and W.P. No.17816 of 2026<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These companies assume serious relevance in view of Crime No.358 of 2023 registered by CCS, Hyderabad, in which the DFI group, directors, promoters and associated persons are under investigation. The existence of several companies across multiple sectors creates a need to verify whether funds collected from investors, members, depositors or contributors were moved into any of these companies, used to acquire properties, shown as business capital, routed as loans, transferred through related-party transactions or utilized for asset creation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Through W.P. No.17816 of 2026, Victims Rights Protection Trust (Regd. No. 209\/2025) has brought before the Hon\u2019ble High Court of Telangana the need for identification of all DFI-linked companies, properties, bank accounts, directors, shareholders, benami holders, transactions and assets. Victims Rights Protection Trust (Regd. No. 209\/2025) seeks a transparent mechanism for tracing the assets, preserving them from further alienation and ensuring that such assets are eventually made available for recovery and distribution to affected investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Main Concern of Victims Rights Protection Trust (Regd. No. 209\/2025)<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The central concern of Victims Rights Protection Trust (Regd. No. 209\/2025) is that the companies may have been floated, expanded or used as part of a broader structure through which public deposits and investor funds were collected, routed, parked, invested or converted into assets. Therefore, each company must be examined not merely as a separate legal entity but as a possible part of an interconnected financial and asset-holding network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Suggested Investigation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The competent authorities may examine the incorporation documents, Memorandum and Articles of Association, shareholding patterns, directors\u2019 details, annual returns, balance sheets, bank statements, income tax records, GST records, loan documents, mortgage documents, charge records, property purchases, development agreements, related-party transactions and inter-company fund transfers of all the above companies. Such examination may reveal the real source of funds, beneficial ownership of assets and the role played by directors and associated persons.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Conclusion for this PART.<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available corporate details indicate that the accused and associated persons floated a large number of companies under the DFI and Dhanwantari-related network across healthcare, construction, pharmaceuticals, publications, advertising, trading, IT, travel and business services. Many of these companies shared the same registered address, similar management pattern and overlapping persons. In the background of Crime No.358 of 2023 and the proceedings in W.P. No.17816 of 2026, these companies must be treated as material entities requiring full forensic examination.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) seeks that all assets, bank accounts, properties, investments and financial trails connected with these companies be identified, protected and brought under lawful supervision. The ultimate object is to ensure that properties and assets allegedly created from public deposits and investor funds are not alienated, concealed or misused, but are brought into a transparent recovery framework, subjected to lawful e-auction wherever appropriate, and distributed equitably among all affected investors under proper supervision.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>DFI OVERVIEW \u2013 PART II<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Analytical Report on Additional Companies, Common Directors and Asset-Tracing Requirements<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The company overview placed for consideration shows that the DFI-related corporate network is much wider than a single trust, company or hospital entity. The records indicate that at least twenty-six companies are associated with the DFI, Dhanwantari, Raghavendra, Pantangi and Avenues naming pattern. These companies are shown as being incorporated in Telangana and are spread across healthcare, hospitals, pharmaceuticals, real estate, construction, publications, advertising, trading, information technology, travel services, education, television and related activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Broad Corporate Network<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The list shows that several companies are still active, while DFI Infotech India Private Limited is shown as \u201cStrike Off\u201d. The active companies include DFI Publications Private Limited, Dhanwantari Therapeutics Private Limited, Sree Siva Raghavendra Remedies Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, Dhanwantari Bhavans Private Limited, Dharani Sheltors Private Limited, DFI Traders & Distribution Company Private Limited, DFI Vihar Private Limited, DFI Viniyog Private Limited, DFI Advertising Company Private Limited, DFI Health Care Services Private Limited, DFI Hospitals Private Limited, Shruti Tutelage Private Limited, Sree Raghavendra Hospitals Pvt Ltd, DFI Infra Projects Private Limited, DFI I.T Solutions Private Limited, DFI Television Private Limited, Pantangi Avenues Private Limited, PJS Avenues Private Limited, DFI Upahar Private Limited, PSS Avenues Private Limited, SRS Avenues Private Limited, VSR Avenues Private Limited and PKS Avenues Private Limited.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Repeated Common Directors<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The overview shows that many of these companies have common directors. DFI Traders & Distribution Company Private Limited, DFI Viniyog Private Limited and DFI Advertising Company Private Limited show four common directors each. Several other companies show two or three common directors. This pattern strongly indicates that the companies were not isolated or independent in practical terms, but may have functioned as a connected corporate structure under overlapping control and management.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Common Address Pattern<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A striking feature in the company details is the repeated use of the same registered address, namely 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad, Telangana \u2013 500005. This address appears in the records of DFI Hospitals Private Limited, Shruti Tutelage Private Limited, DFI Infra Projects Private Limited, Pantangi Avenues Private Limited, PJS Avenues Private Limited, PSS Avenues Private Limited, SRS Avenues Private Limited, VSR Avenues Private Limited, PKS Avenues Private Limited and Sree Raghavendra Hospitals Pvt Ltd. This common address pattern requires serious examination to determine whether these companies were centrally managed from the same premises.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Healthcare and Hospital Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Hospitals Private Limited was incorporated on 05 May 2009 and is shown as an active private unlisted company engaged in health and social work. Its authorized share capital is \u20b910 crores, while its paid-up capital is only \u20b91 lakh. The company\u2019s CIN is U85100TG2009PTC063543 and its registered office is at 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The major difference between authorized capital and paid-up capital requires scrutiny, particularly because hospital-related claims were reportedly used to create public confidence among investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Shruti Tutelage Private Limited was incorporated on 10 April 2013 and is also shown as active. It is engaged in health and social work, with authorized and paid-up capital of \u20b91 lakh each. Its CIN is U85100TG2013PTC086920 and it shares the same Raghavendra Hills address. Though the company name suggests education or tutelage, its main business line is shown as health and social work. This mismatch between name and business classification may require examination.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Sree Raghavendra Hospitals Pvt Ltd is one of the oldest entities in the network. It was incorporated on 05 July 1994 and is shown as active. Its authorized share capital is \u20b95 crores and paid-up capital is \u20b966.05 lakhs. Its CIN is U85110TG1994PTC017860 and the registered address is D.No.8-1-206\/A, Raghavendra Hills, Mylardevpally, Keshavagiri Post, Hyderabad \u2013 500005. Being a long-standing company connected with health and social work, this entity requires detailed scrutiny with respect to hospital assets, mortgage transactions, loan records, land ownership, and any relationship with investor funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Real Estate and Infrastructure Company<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Infra Projects Private Limited was incorporated on 19 December 2017 and is shown as active. It is engaged in real estate activities. Its authorized share capital is \u20b95.50 crores and paid-up capital is \u20b93.76535 crores. Its CIN is U70109TG2017PTC121325 and it shares the same Raghavendra Hills address. This company stands out because of its high paid-up capital and real estate classification. It should be treated as a key entity for examination of land purchases, project development, property sales, mortgages, agreements, and fund sources.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Construction and Avenues Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Pantangi Avenues Private Limited was incorporated on 01 September 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45200TG2009PTC064908 and it shares the same Raghavendra Hills address. The use of the \u201cPantangi\u201d name is significant and the company should be examined for property-related transactions, especially because of its direct naming link with the principal accused family.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">PJS Avenues Private Limited was incorporated on 16 July 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45209TG2009PTC064406 and it also shares the Raghavendra Hills address. Its role must be examined along with related Avenues companies to identify whether lands, layouts, development agreements or sale proceeds passed through these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">PSS Avenues Private Limited was incorporated on 15 July 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45209TG2009PTC064376 and it shares the same registered address. The date of incorporation, common address and common business line indicate that it may be part of a cluster of real estate and construction entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">SRS Avenues Private Limited was incorporated on 04 February 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45400TG2009PTC062716 and it shares the same address. This company also falls within the Avenues cluster and requires examination of land transactions, capital source, directors, bank statements and inter-company dealings.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VSR Avenues Private Limited was incorporated on 18 July 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45400TG2009PTC064422 and it shares the same Raghavendra Hills address. Its incorporation date is close to PJS Avenues and PSS Avenues, suggesting a simultaneous or coordinated creation of construction-related entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">PKS Avenues Private Limited was incorporated on 17 February 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45200TG2009PTC062798 and it shares the same address. This company, along with PJS, PSS, SRS, VSR and Pantangi Avenues, must be examined as part of the broader construction and land-holding network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Capital and Asset Concerns<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The data shows several companies with low paid-up capital but active status for many years. At the same time, certain entities such as DFI Hospitals Private Limited, DFI Infra Projects Private Limited, DFI Ventures Limited, DFI Nirmaan Private Limited, Dharani Sheltors Private Limited and Sree Raghavendra Hospitals Pvt Ltd show higher authorized or paid-up capital. This contrast raises questions regarding the actual source of capital, movement of funds, related-party transactions, shareholder contributions, loans, mortgages and possible conversion of investor funds into corporate assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Pattern of Company Creation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The timeline shows that many construction and Avenues companies were incorporated during 2009, while healthcare, real estate and DFI-branded companies were created before and after that period. This pattern suggests organized expansion into multiple sectors. It becomes necessary to examine whether each company had genuine independent business operations or whether these entities were floated to hold assets, route funds, create credibility, or distribute transactions across multiple legal vehicles.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Relevance to Crime No.358 of 2023<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the background of Crime No.358 of 2023 registered by CCS, Hyderabad, these companies become highly relevant. CCS Hyderabad has already taken steps by seizing or identifying several lands, properties and bank accounts. However, the concern of victims is that the accused may have concealed many more assets, including non-recorded properties, private holdings, gold in bank lockers, cash in hand, black money, secret accounts, mobile phone records, digital evidence, contribution accounts and undisclosed investment trails.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Concern Regarding Sale of Lands During Investigation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">One of the most serious concerns is that the accused persons allegedly continued to sell or deal with lands even during the period of investigation. If any sale deeds, agreements, GPAs, mortgages, development agreements or transfers occurred after the registration of the criminal case or during the pendency of court proceedings, such transactions require urgent scrutiny. Such transactions may directly affect the recovery rights of investors and may reduce the asset pool available for repayment.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Investigation of Hidden Assets<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) respectfully submits that the present issue is not limited to assets already discovered by CCS Hyderabad. The real question is whether the accused have fully disclosed all assets before the police and courts. The Trust believes that additional assets may still be hidden in the form of unrecorded lands, family properties, benami holdings, bank lockers, gold, jewellery, cash reserves, secret bank accounts, personal investments, third-party holdings and movable assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Digital and Mobile Phone Evidence<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Mobile phones, laptops, computers, email accounts, WhatsApp chats, cloud storage, digital wallets and other electronic devices may contain crucial information regarding sale negotiations, receipt of cash, land transfers, investor communications, internal instructions and hidden accounts. Forensic examination of such digital evidence may reveal important facts that are not visible from company records alone.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Financial and Statutory Records<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) seeks examination of the last six years of balance sheets, annual returns, bank statements, auditor reports, income tax returns, GST records, contribution account statements, investor ledgers, membership records, commission records, loan files, charge documents and mortgage records of all companies and associated persons. This examination is necessary to trace the real flow of funds and identify whether investor money was diverted into corporate or private assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Government-Supervised Recovery Mechanism<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Through W.P. No.17816 of 2026, Victims Rights Protection Trust (Regd. No. 209\/2025) has placed before the Hon\u2019ble High Court the need for a transparent recovery mechanism. The purpose is to identify all known and unknown assets, prevent further alienation, preserve digital and documentary evidence, bring all recoverable properties under lawful control, and create a complete asset pool for recovery.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Main Objective<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The objective of Victims Rights Protection Trust (Regd. No. 209\/2025) is not to interfere with the work already done by CCS Hyderabad. The objective is to support and strengthen the investigation by ensuring that no concealed asset, secret account, benami property, gold holding, cash reserve, digital trail or private asset escapes scrutiny. The Trust believes that the accused have not fully disclosed several important facts before the police and courts, and therefore a deeper investigation is necessary.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>FINAL PRAYER<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the foregoing circumstances, and having regard to the gravity of the allegations involved in Crime No.358 of 2023, the dismissal of the connected Criminal Appeals before the Hon’ble High Court, and the pendency of W.P. No.17816 of 2026 wherein notices have already been issued to the concerned Government and Police authorities, the Victims Rights Protection Trust (Regd. No.209\/2025) most respectfully prays that your good office may be pleased to initiate immediate and appropriate action on the following issues:<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol><li><span style=\"color: #000000;\"><strong> Action Against Co-Accused Persons<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To examine the role of all co-accused persons, directors, trustees, office bearers, representatives, associates, agents, beneficiaries and other persons connected with the DFI network, and wherever sufficient material is available, to initiate appropriate legal proceedings including arrest, custodial interrogation and remand in accordance with law.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"2\"><li><span style=\"color: #000000;\"><strong> Examination of Bail Violations<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To verify the repeated instances of alleged violation of bail conditions by the accused persons and, upon satisfaction, to forward appropriate recommendations to the learned Public Prosecutor and competent authorities for initiation of proceedings for cancellation of bail.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"3\"><li><span style=\"color: #000000;\"><strong> Securing of DFI Amberpet Office<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To secure, preserve and protect the DFI Amberpet office premises and all records maintained therein until further orders of the competent Court, so as to prevent tampering, destruction or removal of evidence. Any future access may be permitted only under judicial supervision or with appropriate permission from the competent Court.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"4\"><li><span style=\"color: #000000;\"><strong> Seizure and Forensic Examination of Digital Evidence<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To immediately identify, seize, preserve and subject to forensic examination all digital devices and records connected with the accused persons and associated entities, including:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"color: #000000;\">Mobile phones;<\/span><\/li><li><span style=\"color: #000000;\">Computers and laptops;<\/span><\/li><li><span style=\"color: #000000;\">Hard disks and storage devices;<\/span><\/li><li><span style=\"color: #000000;\">E-mail accounts;<\/span><\/li><li><span style=\"color: #000000;\">Cloud storage accounts;<\/span><\/li><li><span style=\"color: #000000;\">WhatsApp communications;<\/span><\/li><li><span style=\"color: #000000;\">Call Detail Records (CDRs);<\/span><\/li><li><span style=\"color: #000000;\">Digital transaction records;<\/span><\/li><li><span style=\"color: #000000;\">Social media accounts and communication platforms.<\/span><\/li><\/ul><\/li><\/ul><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Particular emphasis may be placed on recovery and analysis of data relating to the last several years so as to identify hidden assets, fund transfers, property transactions, communications and destruction of evidence, if any.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"5\"><li><span style=\"color: #000000;\"><strong> Investor Verification Statements<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To consider issuing official investor verification statements indicating:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"color: #000000;\">Principal amount invested;<\/span><\/li><li><span style=\"color: #000000;\">Amount acknowledged during investigation;<\/span><\/li><li><span style=\"color: #000000;\">Status of verification;<\/span><\/li><li><span style=\"color: #000000;\">Recovery position;<\/span><\/li><li><span style=\"color: #000000;\">Distribution eligibility status;<\/span><\/li><li><span style=\"color: #000000;\">Any other relevant particulars available with the investigating agency.<\/span><\/li><\/ul><\/li><\/ul><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Such transparency would greatly assist thousands of investors and prevent misinformation and confusion.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"6\"><li><span style=\"color: #000000;\"><strong> Protection of Victims<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To ensure that victims and investors are not directed to approach accused persons for settlement, verification or documentation purposes.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Information received from several victims indicates that signatures may allegedly be obtained on blank papers, declarations, vakalat forms or other documents. Any verification process may therefore be undertaken only through CCS or through a Court-approved mechanism to safeguard the legal rights of investors.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"7\"><li><span style=\"color: #000000;\"><strong> Comprehensive Asset Discovery Exercise<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To undertake a complete and exhaustive asset-tracing exercise covering:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"color: #000000;\">Movable and immovable properties;<\/span><\/li><li><span style=\"color: #000000;\">Benami assets;<\/span><\/li><li><span style=\"color: #000000;\">Agricultural and non-agricultural lands;<\/span><\/li><li><span style=\"color: #000000;\">Apartments, villas and commercial properties;<\/span><\/li><li><span style=\"color: #000000;\">Gold, jewellery and valuables;<\/span><\/li><li><span style=\"color: #000000;\">Bank lockers;<\/span><\/li><li><span style=\"color: #000000;\">Domestic and foreign bank accounts;<\/span><\/li><li><span style=\"color: #000000;\">Contribution and donation accounts;<\/span><\/li><li><span style=\"color: #000000;\">Corporate investments;<\/span><\/li><li><span style=\"color: #000000;\">Shares and securities;<\/span><\/li><li><span style=\"color: #000000;\">Related-party transactions;<\/span><\/li><li><span style=\"color: #000000;\">Digital assets and virtual holdings;<\/span><\/li><li><span style=\"color: #000000;\">Undisclosed income streams;<\/span><\/li><li><span style=\"color: #000000;\">Assets held in the names of associates, nominees or beneficiaries.<\/span><\/li><\/ul><\/li><\/ul><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Further scrutiny may also be undertaken of the financial statements, annual returns, balance sheets, statutory filings and corporate records of all DFI-linked entities and associated companies.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"8\"><li><span style=\"color: #000000;\"><strong> Further Custodial Interrogation, if Required<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">If legally permissible and considered necessary by the investigating agency, to take appropriate steps for further custodial interrogation of the principal accused and other relevant persons for tracing concealed assets, identifying beneficiaries, recovering digital evidence and establishing the complete financial trail.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"9\"><li><span style=\"color: #000000;\"><strong> Recovery and Distribution Mechanism<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To take necessary steps towards creation of a transparent, Court-monitored and Government-supervised recovery framework, including identification, attachment, preservation and valuation of all available assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Any future recovery process, including public e-auction of attached properties wherever legally permissible, should be undertaken only after complete asset identification so as to maximize realization and ensure equitable distribution among all eligible investors.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"10\"><li><span style=\"color: #000000;\"><strong> Urgent Action in Public Interest<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Considering:<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol><li><span style=\"color: #000000;\">Crime No.358 of 2023 registered by CCS, Hyderabad;<\/span><\/li><li><span style=\"color: #000000;\">Disposal of the connected Criminal Appeals before the Hon’ble High Court;<\/span><\/li><li><span style=\"color: #000000;\">Pendency of W.P. No.17816 of 2026;<\/span><\/li><li><span style=\"color: #000000;\">Notices issued by the Hon’ble High Court to senior Government and Police authorities;<\/span><\/li><li><span style=\"color: #000000;\">The continuing hardship faced by thousands of affected investors;<\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 We most respectfully request your good office to treat this representation as a matter of utmost urgency and to take immediate investigative, preventive and recovery measures for safeguarding investor interests, preserving evidence, securing assets and ensuring that the objectives of law are fully achieved.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Victims Rights Protection Trust reiterates that its objective is not confrontation but lawful recovery, transparency, accountability and protection of investor interests through due process of law. We remain committed to extending full cooperation to the investigating agency and all competent authorities in achieving these objectives.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong><em>Declaration<\/em><\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong><em>\u00a0 This Representation is submitted bonafide in the interest of protection of depositors and recovery of investor funds. The Victims Rights Protection Trust (VRPT) and affected investors remain committed to extending lawful cooperation to CCS, Competent Authorities and Courts. The objective of this Representation is to assist the investigation, facilitate recovery of concealed assets and ensure eventual restitution of investor funds through lawful and transparent mechanisms.<\/em><\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong><em>\u00a0“The victims do not desire to initiate further litigation against CCS or any Government authority. It is sincerely hoped that consequential recovery proceedings will now be initiated pursuant to the Hon’ble High Court Judgment dated 05-05-2026. However, if recovery-related measures continue to remain unattended despite repeated representations and judicial developments, the victims may be compelled to seek appropriate directions from the Hon’ble High Court. It is earnestly hoped that such a situation will not arise and that the matter will progress through administrative and legal action by the concerned authorities themselves.”<\/em><\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Kalle Giri Prasad Sarma<\/strong><\/span><br \/><span style=\"color: #000000;\">Convenor<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Mamillapally Vijay Kumar<\/strong><\/span><br \/><span style=\"color: #000000;\">Co-Convenor<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>\/06\/2026<\/strong><\/span><\/p><p style=\"padding-left: 40px;\">\u00a0<\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c730695 elementor-widget elementor-widget-image\" data-id=\"c730695\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"427\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-1024x683.jpeg\" class=\"attachment-large size-large wp-image-646\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-1024x683.jpeg 1024w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-300x200.jpeg 300w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-768x512.jpeg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47.jpeg 1536w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-30a1daf elementor-widget elementor-widget-image\" data-id=\"30a1daf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"361\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-1024x577.jpeg\" class=\"attachment-large size-large wp-image-650\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-1024x577.jpeg 1024w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-300x169.jpeg 300w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-768x433.jpeg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-1536x866.jpeg 1536w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00.jpeg 1600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2243b80 elementor-widget elementor-widget-image\" data-id=\"2243b80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"895\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-732x1024.jpg\" class=\"attachment-large size-large wp-image-228\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-732x1024.jpg 732w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-214x300.jpg 214w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-768x1074.jpg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-1098x1536.jpg 1098w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE.jpg 1248w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9271005 e-flex e-con-boxed e-con e-parent\" data-id=\"9271005\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ca51532 elementor-widget elementor-widget-image\" data-id=\"ca51532\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"895\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-732x1024.jpg\" class=\"attachment-large size-large wp-image-226\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-732x1024.jpg 732w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-214x300.jpg 214w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-768x1074.jpg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-1098x1536.jpg 1098w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8.jpg 1248w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3b37a9b e-flex e-con-boxed e-con e-parent\" data-id=\"3b37a9b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ba80003 elementor-widget elementor-widget-image\" data-id=\"ba80003\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"895\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-732x1024.jpg\" class=\"attachment-large size-large wp-image-227\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-732x1024.jpg 732w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-214x300.jpg 214w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-768x1074.jpg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-1098x1536.jpg 1098w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK.jpg 1248w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9b76cad e-flex e-con-boxed e-con e-parent\" data-id=\"9b76cad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-29a3a9a e-flex e-con-boxed e-con e-parent\" data-id=\"29a3a9a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01dbe53 elementor-widget elementor-widget-html\" data-id=\"01dbe53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t```html\r\n<!DOCTYPE html>\r\n<html lang=\"en\">\r\n<head>\r\n<meta charset=\"UTF-8\">\r\n<meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\">\r\n\r\n<title>DFI Victims Forum<\/title>\r\n\r\n<style>\r\n\r\nbody{\r\n margin:0;\r\n padding:0;\r\n background:#f6fbff;\r\n font-family: \"Segoe UI\", Arial, sans-serif;\r\n color:#1f2937;\r\n}\r\n\r\n.main-container{\r\n width:90%;\r\n max-width:1100px;\r\n margin:40px auto;\r\n background:#ffffff;\r\n border-radius:30px;\r\n overflow:hidden;\r\n box-shadow:0 15px 40px rgba(0,0,0,0.08);\r\n border:1px solid #dbeafe;\r\n}\r\n\r\n.header{\r\n padding:60px 50px;\r\n text-align:center;\r\n background:linear-gradient(135deg,#eff6ff,#fefce8,#fdf2f8);\r\n}\r\n\r\n.header h1{\r\n margin:0;\r\n font-size:42px;\r\n color:#0f172a;\r\n font-weight:800;\r\n letter-spacing:1px;\r\n}\r\n\r\n.header h2{\r\n margin-top:15px;\r\n color:#1d4ed8;\r\n font-size:22px;\r\n font-weight:600;\r\n}\r\n\r\n.header-line{\r\n width:120px;\r\n height:5px;\r\n background:#60a5fa;\r\n margin:25px auto 0;\r\n border-radius:20px;\r\n}\r\n\r\n.content{\r\n padding:50px;\r\n}\r\n\r\n.intro-box{\r\n background:#f8fafc;\r\n border-left:6px solid #2563eb;\r\n padding:30px;\r\n border-radius:20px;\r\n font-size:20px;\r\n line-height:1.9;\r\n color:#334155;\r\n box-shadow:0 6px 18px rgba(0,0,0,0.05);\r\n}\r\n\r\n.section{\r\n margin-top:40px;\r\n}\r\n\r\n.section-title{\r\n font-size:28px;\r\n font-weight:700;\r\n color:#0f172a;\r\n margin-bottom:20px;\r\n position:relative;\r\n}\r\n\r\n.section-title:after{\r\n content:'';\r\n display:block;\r\n width:90px;\r\n height:4px;\r\n background:#93c5fd;\r\n border-radius:20px;\r\n margin-top:10px;\r\n}\r\n\r\n.paragraph-box{\r\n background:#ffffff;\r\n border:1px solid #e2e8f0;\r\n border-radius:24px;\r\n padding:32px;\r\n margin-bottom:28px;\r\n box-shadow:0 6px 18px rgba(15,23,42,0.05);\r\n transition:0.3s ease;\r\n}\r\n\r\n.paragraph-box:hover{\r\n transform:translateY(-4px);\r\n box-shadow:0 12px 28px rgba(15,23,42,0.08);\r\n}\r\n\r\n.paragraph-box p{\r\n margin:0;\r\n font-size:18px;\r\n line-height:2;\r\n color:#334155;\r\n text-align:justify;\r\n}\r\n\r\n.highlight{\r\n background:linear-gradient(135deg,#dbeafe,#fef9c3);\r\n padding:30px;\r\n border-radius:24px;\r\n text-align:center;\r\n margin-top:45px;\r\n box-shadow:0 10px 25px rgba(0,0,0,0.06);\r\n}\r\n\r\n.highlight h3{\r\n margin:0;\r\n font-size:30px;\r\n color:#0f172a;\r\n}\r\n\r\n.highlight p{\r\n margin-top:15px;\r\n font-size:20px;\r\n line-height:1.8;\r\n color:#374151;\r\n font-weight:500;\r\n}\r\n\r\n.footer{\r\n background:#f8fafc;\r\n text-align:center;\r\n padding:30px;\r\n color:#334155;\r\n font-size:17px;\r\n border-top:1px solid #e2e8f0;\r\n font-weight:600;\r\n}\r\n\r\n@media(max-width:768px){\r\n\r\n.header{\r\n padding:40px 25px;\r\n}\r\n\r\n.header h1{\r\n font-size:30px;\r\n}\r\n\r\n.header h2{\r\n font-size:18px;\r\n}\r\n\r\n.content{\r\n padding:25px;\r\n}\r\n\r\n.intro-box{\r\n font-size:17px;\r\n}\r\n\r\n.paragraph-box p{\r\n font-size:16px;\r\n}\r\n\r\n.section-title{\r\n font-size:24px;\r\n}\r\n\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n\r\n<body>\r\n\r\n<div class=\"main-container\">\r\n\r\n <div class=\"header\">\r\n <h1>DFI Victims Forum<\/h1>\r\n <h2>The Collective Legal Journey of Thousands of Investors<\/h2>\r\n <div class=\"header-line\"><\/div>\r\n <\/div>\r\n\r\n <div class=\"content\">\r\n\r\n <div class=\"intro-box\">\r\n The story of the DFI Victims Forum is not merely a legal battle. \r\n It is the collective voice of thousands of ordinary investors who came together \r\n after realizing that their hard-earned savings, retirement funds, and future security \r\n had become trapped in a large and deeply structured financial network operating under \r\n the banner of Dhanwantari Foundation International (DFI) and its associated entities.\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n The Beginning of the Movement\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n At the center of this movement stood Sri K.N. Giri Prasad and \r\n Sri Mamillapally Vijaykumar, who gradually transformed scattered grievances \r\n into an organized legal and social movement. What initially appeared to be \r\n isolated complaints slowly unfolded into a statewide issue involving thousands \r\n of victims, multiple entities, real estate ventures, debenture schemes, \r\n financial collections, and interconnected companies.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n One of the biggest challenges faced by the victims was the complete absence \r\n of coordination. Investors were spread across different districts, many were \r\n elderly citizens, and several were emotionally broken. Most victims had no \r\n legal guidance or understanding about how to proceed. At that stage, \r\n Sri K.N. Giri Prasad and Sri Mamillapally Vijaykumar personally started \r\n gathering information from affected investors, collecting receipts, agreements, \r\n payment records, investment details, company records, and documentary evidence.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Formation of DFI Victims Forum & VRPT\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n Over time, this effort evolved into the formation of the \r\n \u201cDFI Victims Forum,\u201d which later received structural and legal backing through \r\n the establishment of the Victims Rights Protection Trust (VRPT). \r\n The purpose of VRPT was not merely public protest or media publicity, \r\n but to create a legally recognized platform capable of representing \r\n investors before courts, police authorities, media agencies, and \r\n government institutions.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n Through systematic coordination, the Forum gradually exposed that the matter \r\n was not confined to one or two transactions or a simple civil dispute. \r\n The records gathered reflected a vast corporate structure involving multiple \r\n sectors such as publications, real estate ventures, hospitals, remedies, \r\n advertising, infra projects, IT solutions, traders, hospitality, healthcare, \r\n and media-related entities.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Public Awareness and Media Efforts\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n One of the major contributions of Sri K.N. Giri Prasad and \r\n Sri Mamillapally Vijaykumar was the expansion of public awareness. \r\n Through WhatsApp coordination, victim meetings, documentation drives, \r\n media exposure, and continuous communication, the Forum succeeded in \r\n bringing hundreds and later thousands of affected investors together.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n Many victims who had remained silent out of fear or hopelessness \r\n began approaching the Forum with records and complaints. \r\n This collective realization became the foundation of the larger movement \r\n and transformed the issue into a major public concern involving \r\n alleged large-scale economic offences.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Legal Proceedings Before the High Court\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n The Forum\u2019s work extended far beyond media statements. \r\n Continuous legal proceedings were initiated through implead petitions, \r\n counters, criminal petitions, written submissions, victim coordination, \r\n and representations before investigating authorities and the Hon\u2019ble \r\n High Court for the State of Telangana.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n The legal submissions highlighted that thousands of investors had not yet \r\n been properly heard and that the investigation required expansion to expose \r\n the full extent of the alleged fraud network. The Forum also repeatedly \r\n raised concerns regarding continuation of activities, handling of properties, \r\n preservation of evidence, and protection of investor interests.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Present Status of the Case\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n The legal struggle eventually reached a crucial stage before the \r\n Hon\u2019ble High Court of Telangana. Multiple petitions connected with \r\n the accused side came under judicial scrutiny. Ultimately, the Hon\u2019ble \r\n High Court pronounced orders dismissing the petitions filed by the accused side, \r\n and the stay protection also came to an end.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n However, despite these developments, the concerns of the victims \r\n have not completely ended. The DFI Victims Forum continues to maintain \r\n that the matter remains highly sensitive because allegations continue \r\n regarding sale of lands, handling of properties, and movement of assets. \r\n Therefore, the Forum continues to seek stronger investigation, preservation \r\n of records, and protection of investor interests.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n At the same time, the accused continues to maintain innocence, and \r\n final determination of criminal liability remains subject to investigation, \r\n evidence, and judicial process. The Forum therefore continues its legal and \r\n public efforts while respecting the due process of law.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"highlight\">\r\n <h3>\r\n From Silence to Legal Recognition\r\n <\/h3>\r\n\r\n <p>\r\n The journey of the DFI Victims Forum represents how ordinary investors, \r\n senior citizens, middle-class families, and financially distressed victims \r\n united under organized leadership to transform scattered suffering into \r\n a structured legal movement before the courts and the public domain.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"footer\">\r\n DFI Victims Forum | Victims Rights Protection Trust (VRPT) | Hyderabad\r\n <\/div>\r\n\r\n<\/div>\r\n\r\n<\/body>\r\n<\/html>\r\n```\r\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Preliminary Prayer & Submission \u2014 Before the Additional Affidavit In the High Court for the State of Telangana at Hyderabad Preliminary Prayer and Submission Before the Additional Affidavit Most Respectfully Sheweth At the very threshold, the Petitioner\/Deponent most respectfully submits that the present Additional Affidavit is being placed before this Hon’ble Court not merely to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-643","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages\/643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=643"}],"version-history":[{"count":70,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages\/643\/revisions"}],"predecessor-version":[{"id":906,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages\/643\/revisions\/906"}],"wp:attachment":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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\n\t\t\t\t\t\r\n\r\n\r\n\r\n\r\nPreliminary Prayer & Submission \u2014 Before the Additional Affidavit<\/title>\r\n<style>\r\n :root{\r\n --saffron:#C97A1E;\r\n --saffron-deep:#A6531A;\r\n --cream:#FFFDF7;\r\n --cream-alt:#FFF6E8;\r\n --ink:#2b2117;\r\n --ink-soft:#4a3b2a;\r\n --rule:#e7d3b3;\r\n }\r\n\r\n *{box-sizing:border-box;}\r\n\r\n body{\r\n margin:0;\r\n padding:0;\r\n background:var(--cream);\r\n color:var(--ink);\r\n font-family:\"Georgia\",\"Cambria\",\"Times New Roman\",serif;\r\n line-height:1.75;\r\n font-size:16px;\r\n -webkit-font-smoothing:antialiased;\r\n }\r\n\r\n .vrpt-doc{\r\n max-width:880px;\r\n margin:0 auto;\r\n padding:0 20px 60px;\r\n }\r\n\r\n \/* ===== Masthead ===== *\/\r\n .vrpt-masthead{\r\n background:linear-gradient(135deg,var(--saffron) 0%,var(--saffron-deep) 100%);\r\n color:#FFFDF7;\r\n padding:34px 34px 28px;\r\n border-radius:0 0 18px 18px;\r\n margin:0 -20px 32px;\r\n text-align:center;\r\n }\r\n .vrpt-masthead .court{\r\n font-size:0.82em;\r\n 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.vrpt-prayer-list li{\r\n display:flex;\r\n gap:14px;\r\n padding:13px 20px;\r\n border-bottom:1px solid var(--rule);\r\n text-align:justify;\r\n }\r\n .vrpt-prayer-list li:last-child{border-bottom:none;}\r\n .vrpt-prayer-list li:nth-child(odd){background:var(--cream-alt);}\r\n .vrpt-prayer-list .pletter{\r\n flex:0 0 auto;\r\n font-weight:700;\r\n color:var(--saffron-deep);\r\n min-width:1.6em;\r\n }\r\n\r\n \/* ===== Pull quote ===== *\/\r\n .vrpt-pullquote{\r\n background:var(--cream-alt);\r\n border:1px solid var(--rule);\r\n border-radius:10px;\r\n padding:22px 26px;\r\n margin:0 0 24px;\r\n font-style:italic;\r\n color:var(--ink-soft);\r\n text-align:justify;\r\n }\r\n .vrpt-pullquote p{margin:0 0 10px;}\r\n .vrpt-pullquote p:last-child{margin-bottom:0;}\r\n .vrpt-pullquote strong{color:var(--saffron-deep);font-style:normal;}\r\n\r\n .vrpt-footer-note{\r\n text-align:center;\r\n font-size:0.85em;\r\n color:var(--ink-soft);\r\n margin-top:50px;\r\n padding-top:18px;\r\n border-top:1px dashed var(--rule);\r\n font-style:italic;\r\n }\r\n\r\n @media (max-width:600px){\r\n .vrpt-masthead{padding:26px 18px 22px;}\r\n .vrpt-masthead .heading1{font-size:1.15em;}\r\n .vrpt-title{font-size:1.2em;}\r\n .vrpt-section h2{font-size:0.95em;padding:10px 14px;}\r\n body{font-size:15.5px;}\r\n .vrpt-statute-wrap li{flex-direction:column;gap:2px;}\r\n }\r\n\r\n @media print{\r\n body{background:#fff;}\r\n .vrpt-masthead{background:#fff !important;color:var(--ink) !important;border:2px solid var(--saffron-deep);}\r\n .vrpt-section h2{background:#fff !important;color:var(--saffron-deep) !important;border:1px solid var(--saffron-deep);}\r\n }\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"vrpt-doc\">\r\n\r\n <div class=\"vrpt-masthead\">\r\n <p class=\"court\">In the High Court for the State of Telangana at Hyderabad<\/p>\r\n <p class=\"heading1\">Preliminary Prayer and Submission<\/p>\r\n <p class=\"heading2\">Before the Additional Affidavit<\/p>\r\n <\/div>\r\n\r\n <h1 class=\"vrpt-title\">Most Respectfully Sheweth<\/h1>\r\n\r\n <p>At the very threshold, the Petitioner\/Deponent most respectfully submits that the present Additional Affidavit is being placed before this Hon’ble Court not merely to controvert isolated allegations made against the Victims Rights Protection Trust (VRPT), but to bring to the notice of this Hon’ble Court a continuing, systematic and legally significant pattern of conduct on the part of Dr. Pantangi Kamalakar Sharma and the entities\/persons acting in concert with him, which, prima facie, appears calculated to obstruct, delay, divert and frustrate the lawful investigation, attachment, preservation, realisation and eventual restitution of monies\/assets claimed by a very large body of investors\/victims.<\/p>\r\n\r\n <p>The detailed facts, dates, proceedings, prayers made in successive Writ Petitions, judicial orders, attachment proceedings, appellate proceedings and subsequent attempts directed against VRPT are set out point-by-point in the accompanying Additional Affidavit, supported, wherever available, by official Court records and other documentary material.<\/p>\r\n\r\n <p>It is respectfully emphasised that the particulars relating to WP No.13025\/2024, WP No.28172\/2024 and WP No.29204\/2024 are not statements invented, manufactured or created by VRPT. They are matters reflected in the official online judicial record. The significance of those proceedings lies in the consistent nature of the reliefs sought therein.<\/p>\r\n\r\n <p>In WP No.13025\/2024, the principal accused approached this Hon’ble Court complaining of alleged harassment by police authorities including the concerned Police Stations and sought protection against investigation-related action.<\/p>\r\n\r\n <p>Thereafter, in WP No.28172\/2024, when CCS officials allegedly required cooperation and production\/submission of NOCs and connected documents before the learned Metropolitan Sessions Court, the very requirement of such cooperation was questioned before this Hon’ble Court.<\/p>\r\n\r\n <p>Again, in WP No.29204\/2024, when the Investigating Agency, in connection with Crime No.358 of 2023, sought particulars as to the amounts collected from donors, members and investors, the utilisation thereof, and supporting financial documentation, the notice requiring such information itself came to be challenged.<\/p>\r\n\r\n <p>Thus, the issue before this Hon’ble Court is not the mere exercise of a citizen’s constitutional right to approach a Court. No person can be faulted merely for invoking a legal remedy. The grave issue arises where judicial proceedings are repeatedly invoked, on shifting foundations, with the effect—or, if established by evidence, with the design—of preventing the truth from being ascertained, resisting production of material records, obstructing lawful investigation, postponing attachment and asset-realisation proceedings, and keeping substantial investors’ claims indefinitely trapped in litigation.<\/p>\r\n\r\n <p>The subsequent history assumes greater significance. The attachment proceedings before the competent Metropolitan Sessions Court culminated in orders making the attachments absolute. Challenges thereafter travelled further in appellate proceedings, including Criminal Appeal Nos.1040 to 1047 of 2025, which were dismissed by this Hon’ble Court on 22.06.2026. Yet litigation concerning the same broad subject matter has continued thereafter, including further proceedings instituted during 2026.<\/p>\r\n\r\n <p>The present attempt to characterise VRPT itself as wrongful, to restrain its activities, or to seek suspension\/interference with the Trust, therefore deserves examination not in isolation, but against the entire chronology.<\/p>\r\n\r\n <div class=\"vrpt-pattern\">\r\n <p style=\"margin:0 0 10px;font-weight:700;color:var(--ink-soft);\">The pattern that emerges requires judicial scrutiny:<\/p>\r\n <ul>\r\n <li>when the Police investigate — the investigation is characterised as harassment;<\/li>\r\n <li>when documents and accounts are sought — the demand itself is challenged;<\/li>\r\n <li>when statutory attachment proceedings are pursued — the attachment is challenged;<\/li>\r\n <li>when Governmental action\/Government Orders operate against the assets — such action is questioned;<\/li>\r\n <li>when the victims organise themselves and approach the constitutional Court seeking protection, identification, preservation, auction and distribution of assets — the victims’ organisation itself is sought to be restrained or discredited.<\/li>\r\n <\/ul>\r\n <\/div>\r\n\r\n <p>The Petitioner respectfully submits that a constitutional remedy cannot be permitted to be converted into a perpetual litigation shield behind which accountability to thousands of investors can be postponed indefinitely.<\/p>\r\n\r\n <p>Where successive proceedings are founded upon incomplete disclosure, suppression of material facts, mutually inconsistent stands, knowingly inaccurate averments, fabricated material or information calculated to misdirect a Court or a statutory authority, such conduct travels far beyond legitimate defence. It enters the field of abuse of the process of Court, fraud upon the judicial process and interference with the administration of justice, subject always to the facts being established on the judicial record.<\/p>\r\n\r\n <p>The Hon’ble Supreme Court has repeatedly held that jurisdiction under Article 226 of the Constitution of India is extraordinary, equitable and discretionary, and a litigant invoking such jurisdiction is under an overriding obligation to approach the Court with clean hands, clean heart and complete disclosure of material facts. Suppression of material information intended to secure an advantage has been judicially recognised as capable of amounting to fraud upon the Court. The Supreme Court has reiterated that a petition or affidavit containing misleading or inaccurate statements for an ulterior purpose may constitute an abuse of the judicial process. (<a href=\"https:\/\/api.sci.gov.in\/supremecourt\/2022\/31691\/31691_2022_11_1501_53922_Judgement_22-Jul-2024.pdf\" target=\"_blank\" rel=\"noopener\">Sci API<\/a>)<\/p>\r\n\r\n <p>The jurisdiction of this Hon’ble Court under Articles 226 and 227 of the Constitution of India is not merely remedial; it carries with it the constitutional responsibility to protect the purity of judicial proceedings and to ensure that the Court is not employed as an instrument for defeating lawful investigation or frustrating administration of justice. Article 227 additionally vests the High Court with supervisory jurisdiction over Courts and Tribunals within its territorial jurisdiction. (<a href=\"https:\/\/www.legislative.gov.in\/static\/uploads\/2025\/08\/cb1b190ea633a1746368ed1fac35fb30.pdf\" target=\"_blank\" rel=\"noopener\">Legislative Assembly<\/a>)<\/p>\r\n\r\n <p>The rights of the accused to due process undoubtedly require protection. Equally, Articles 14 and 21 of the Constitution cannot be viewed as operating solely for the benefit of an accused while the rights of victims to a fair, non-arbitrary and reasonably expeditious legal process remain unattended. The constitutional commitment contained in Article 39-A to equal justice further reinforces the obligation of the State machinery and the justice-delivery system to ensure that economic incapacity, age, vulnerability or multiplicity of victims does not render access to justice illusory.<\/p>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Prima Facie Statutory Consequences<\/h2>\r\n <\/div>\r\n\r\n <p>Without requesting this Hon’ble Court to prejudge any criminal liability, it is respectfully submitted that if the documentary record ultimately establishes deliberate falsehood, fabrication, suppression, destruction or concealment of evidence, false declarations, knowingly false information to public authorities, fraudulent concealment of property, obstruction of lawful public functions or a concerted agreement to accomplish such unlawful objects, the conduct may require examination under the relevant penal provisions applicable on the date of each act.<\/p>\r\n\r\n <p class=\"vrpt-statute-label\">For conduct governed by the Bharatiya Nyaya Sanhita, 2023, the provisions potentially relevant, depending strictly upon proof of their statutory ingredients, include:<\/p>\r\n <div class=\"vrpt-statute-wrap\">\r\n <ul>\r\n <li><span class=\"sec\">Section 61<\/span><span>Criminal Conspiracy<\/span><\/li>\r\n <li><span class=\"sec\">Section 212<\/span><span>Furnishing False Information<\/span><\/li>\r\n <li><span class=\"sec\">Section 216<\/span><span>False Statement on Oath or Affirmation to a Public Servant<\/span><\/li>\r\n <li><span class=\"sec\">Section 217<\/span><span>False Information with Intent to Cause a Public Servant to Exercise Lawful Power to the Injury of Another<\/span><\/li>\r\n <li><span class=\"sec\">Section 221<\/span><span>Obstructing a Public Servant in Discharge of Public Functions<\/span><\/li>\r\n <li><span class=\"sec\">Sections 227, 228 & 229<\/span><span>Giving False Evidence, Fabricating False Evidence and Punishment Therefor<\/span><\/li>\r\n <li><span class=\"sec\">Section 233<\/span><span>Using Evidence Known to be False<\/span><\/li>\r\n <li><span class=\"sec\">Sections 236 & 237<\/span><span>False Statement in a Declaration Receivable as Evidence and Using Such Declaration Knowing it to be False<\/span><\/li>\r\n <li><span class=\"sec\">Section 238<\/span><span>Causing Disappearance of Evidence or Giving False Information to Screen an Offender<\/span><\/li>\r\n <li><span class=\"sec\">Section 240<\/span><span>Giving False Information Respecting an Offence Committed<\/span><\/li>\r\n <li><span class=\"sec\">Section 241<\/span><span>Destruction\/Concealment of a Document or Electronic Record to Prevent its Production as Evidence<\/span><\/li>\r\n <li><span class=\"sec\">Sections 243 & 244<\/span><span>Fraudulent Removal, Concealment or Claims over Property Intended to Prevent Lawful Seizure\/Forfeiture (where the factual ingredients concerning property are established)<\/span><\/li>\r\n <\/ul>\r\n <\/div>\r\n <p>The BNS expressly contains these offences against lawful authority and administration of justice. (<a href=\"https:\/\/www.indiacode.nic.in\/handle\/123456789\/20062?view_type=browse\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>In respect of acts governed by the erstwhile Indian Penal Code, 1860, the corresponding provisions, subject to applicability and proof, include Sections 120-B, 177, 181, 182, 186, 191, 192, 193, 196, 199, 200, 201, 203, 204, 206, 207 and 209 IPC, amongst such other provisions as the competent Investigating Agency\/Court may find attracted.<\/p>\r\n\r\n <p>Importantly, where an offence relating to false evidence, false declarations or documents is alleged to have been committed in or in relation to proceedings before a Court, the statutory mechanism governing prosecution cannot be bypassed. Under the present procedural law, Section 215 of the Bharatiya Nagarik Suraksha Sanhita, 2023, read with Section 379 BNSS, provides for the Court concerned to consider whether an inquiry and written complaint are expedient in the interests of justice in respect of specified offences affecting the administration of justice. (<a href=\"https:\/\/www.indiacode.nic.in\/show-data?abv=CEN&actid=AC_CEN_5_23_00049_202346_1719552320687&orderno=215&orgactid=AC_CEN_5_23_00049_202346_1719552320687§ionId=91551§ionno=215&statehandle=123456789%2F1362\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>For proceedings governed by the previous Code, the corresponding statutory framework was contained in Sections 195 and 340 of the Code of Criminal Procedure, 1973. (<a href=\"https:\/\/www.indiacode.nic.in\/show-data?actid=AC_CEN_5_23_000010_197402_1517807320555&orderno=220\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>Similarly, where any act goes beyond legitimate pleading and actually prejudices, interferes with, or obstructs the due course of a judicial proceeding or the administration of justice, the matter may fall for consideration under Section 2(c) of the Contempt of Courts Act, 1971, subject of course to the statutory safeguards and procedure under that enactment. The statutory definition specifically includes acts which interfere or tend to interfere with the due course of judicial proceedings or obstruct administration of justice. (<a href=\"https:\/\/www.indiacode.nic.in\/show-data?actid=AC_CEN_3_3_00005_197170_1517807319029&orderno=2§ionId=21655§ionno=2\" target=\"_blank\" rel=\"noopener\">India Code<\/a>)<\/p>\r\n\r\n <p>The Petitioner is not asking this Hon’ble Court to hold that every unsuccessful Writ Petition constitutes an offence or contempt. Such a proposition would be legally untenable.<\/p>\r\n\r\n <div class=\"vrpt-pullquote\">\r\n <p>The submission is narrower, but considerably more serious:<\/p>\r\n <p>If judicial proceedings are knowingly deployed through false statements, suppression of material facts, fabricated or misleading material, or successive inconsistent stands with the object of misleading the Court, diverting the Government, disabling the Police from performing statutory duties, concealing the true financial trail, protecting assets from lawful attachment, or indefinitely postponing restitution to victims, <strong>the judicial process itself becomes the instrument through which the alleged wrong is perpetuated.<\/strong><\/p>\r\n <p>Such conduct, if established, cannot claim the protection ordinarily accorded to bona fide litigation.<\/p>\r\n <\/div>\r\n\r\n <p>The Hon’ble Supreme Court has declared that fraud vitiates even solemn judicial proceedings and that a litigant withholding material facts to obtain advantage cannot demand equitable relief under Article 226. The Supreme Court has also cautioned that the judicial process cannot be permitted to become an instrument of oppression, abuse or subversion of justice. (<a href=\"https:\/\/api.sci.gov.in\/supremecourt\/2022\/31691\/31691_2022_11_1501_53922_Judgement_22-Jul-2024.pdf\" target=\"_blank\" rel=\"noopener\">Sci API<\/a>)<\/p>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Why Such Conduct Cannot Be Overlooked<\/h2>\r\n <\/div>\r\n\r\n <p>The present matter concerns not an ordinary bilateral commercial dispute, but allegations involving a very substantial body of investors and assets intended ultimately to answer their claims.<\/p>\r\n\r\n <div class=\"vrpt-pattern\">\r\n <p style=\"margin:0 0 10px;font-weight:700;color:var(--ink-soft);\">Accordingly, if a person who is required to explain the receipt and utilisation of investors’ funds is permitted:<\/p>\r\n <ul>\r\n <li>to challenge the Investigating Agency whenever financial information is demanded;<\/li>\r\n <li>to resist production of records;<\/li>\r\n <li>to repeatedly challenge attachment and protective measures;<\/li>\r\n <li>to maintain successive proceedings while assets remain vulnerable;<\/li>\r\n <li>and thereafter to seek restraint against the victims’ organisation which is attempting to place such matters before the Court,<\/li>\r\n <\/ul>\r\n <\/div>\r\n\r\n <p>the cumulative consequence would be to reward obstruction and penalise the victims for pursuing lawful remedies.<\/p>\r\n\r\n <p>That result would be fundamentally inconsistent with the rule of law.<\/p>\r\n\r\n <p>A Court cannot be expected to remain a passive spectator where its own process is prima facie sought to be employed to create delay, manufacture procedural impediments, obtain tactical protection, or project before Government and Police authorities a distorted impression that every legitimate step for investigation, attachment or victim restitution is sub judice and therefore incapable of being pursued.<\/p>\r\n\r\n <p>The pendency of litigation cannot, by itself, be transformed into a licence to indefinitely freeze lawful statutory functions unless there exists a specific judicial order restraining such functions.<\/p>\r\n\r\n <p>Nor can the expression “matter is pending before Court” be permitted to operate as a perpetual substitute for compliance with lawful investigative requirements or for accountability concerning the money and assets of investors.<\/p>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Therefore, The Petitioner Most Respectfully Prays<\/h2>\r\n <\/div>\r\n <p class=\"vrpt-prayer-intro\">That this Hon’ble Court may graciously be pleased:<\/p>\r\n <ul class=\"vrpt-prayer-list\">\r\n <li><span class=\"pletter\">a.<\/span><span>to take on record the accompanying Additional Affidavit and the point-to-point chronology of judicial proceedings and documentary material referred to therein;<\/span><\/li>\r\n <li><span class=\"pletter\">b.<\/span><span>to examine the successive proceedings instituted by the principal accused\/entities cumulatively rather than in isolation, for the limited purpose of determining whether there exists a continuing pattern of abuse of process, suppression, inconsistent pleading or litigation intended to obstruct investigation, attachment, asset preservation or restitution;<\/span><\/li>\r\n <li><span class=\"pletter\">c.<\/span><span>to direct that the pendency of any proceeding shall not be construed by any authority as an automatic embargo upon investigation, identification of assets, preservation of property, collection of records or other lawful statutory action, unless such action is expressly interdicted by a specific subsisting judicial order;<\/span><\/li>\r\n <li><span class=\"pletter\">d.<\/span><span>to direct the competent Police\/Investigating Agency and Government authorities to proceed strictly in accordance with law with the investigation, tracing of the money trail, identification of movable and immovable assets, preservation of relevant physical and electronic records, prevention of unauthorised alienations and all consequential lawful measures;<\/span><\/li>\r\n <li><span class=\"pletter\">e.<\/span><span>to protect the lawful functioning of VRPT insofar as it receives grievances\/documents from victims, places material before competent authorities and Courts, assists victims and seeks judicial or administrative remedies in accordance with law, unless any specific unlawful act is established against it through due process;<\/span><\/li>\r\n <li><span class=\"pletter\">f.<\/span><span>to reject any attempt to restrain or suspend the activities of VRPT merely because it has assisted victims in approaching constitutional\/statutory authorities or has filed Writ Petitions, Counter Affidavits, Applications or representations seeking enforcement of victims’ rights;<\/span><\/li>\r\n <li><span class=\"pletter\">g.<\/span><span>where this Hon’ble Court finds any material statement, declaration, affidavit or document to have been knowingly false, fabricated or deliberately misleading, to consider appropriate proceedings in accordance with the applicable provisions governing offences affecting the administration of justice, including Sections 215 and 379 BNSS, 2023 and the corresponding saved provisions of Sections 195 and 340 Cr.P.C., wherever applicable;<\/span><\/li>\r\n <li><span class=\"pletter\">h.<\/span><span>where the record establishes conduct amounting to interference with or obstruction of the administration of justice, to pass such orders as are permissible under the Contempt of Courts Act, 1971 and the inherent constitutional jurisdiction of this Hon’ble Court;<\/span><\/li>\r\n <li><span class=\"pletter\">i.<\/span><span>to direct the Investigating Agency, where legally warranted by the evidence, to independently examine whether any concerted acts disclose the ingredients of criminal conspiracy, intentional furnishing of false information, concealment\/destruction of evidence, fraudulent concealment of property, obstruction of lawful investigation or any other cognizable offence, without being influenced by the mere pendency of collateral proceedings;<\/span><\/li>\r\n <li><span class=\"pletter\">j.<\/span><span>to ensure that assets already attached or liable for lawful attachment are not dissipated, alienated, encumbered or otherwise placed beyond the reach of the victims during the pendency of proceedings;<\/span><\/li>\r\n <li><span class=\"pletter\">k.<\/span><span>to ensure that the process of identification, valuation, lawful realisation\/e-auction and eventual distribution of available assets to eligible victims is not indefinitely defeated by repetitive or collateral litigation;<\/span><\/li>\r\n <li><span class=\"pletter\">l.<\/span><span>to impose appropriate and exemplary costs, where this Hon’ble Court ultimately finds proceedings to have been instituted by suppression, falsehood or abuse of its extraordinary jurisdiction, so that judicial process is not utilised as a mechanism for delay; and<\/span><\/li>\r\n <li><span class=\"pletter\">m.<\/span><span>to pass such other or further order or orders as this Hon’ble Court may deem fit and proper in the interests of justice, protection of victims, preservation of the sanctity of judicial proceedings and advancement of the rule of law.<\/span><\/li>\r\n <\/ul>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Final Preliminary Submission<\/h2>\r\n <\/div>\r\n\r\n <p>The Petitioner respectfully reiterates that the detailed factual foundation for each of the above submissions is contained point-to-point in the Additional Affidavit that follows.<\/p>\r\n\r\n <div class=\"vrpt-pullquote\">\r\n <p>The present Preliminary Prayer does not seek conviction by allegation. It seeks something more fundamental:<\/p>\r\n <p>that the complete litigation history be judicially examined before any further protection is granted on a fragmented presentation of facts; that no Court, Government Department or Police authority be misdirected by incomplete or misleading representations; and that constitutional jurisdiction is not permitted to become an instrument for frustrating investigation and postponing restitution to victims.<\/p>\r\n <\/div>\r\n\r\n <p>The Court is the guardian of its own process. Where the process itself is shown, prima facie, to have been repeatedly invoked as a means of obstruction rather than bona fide redress, judicial non-intervention may unintentionally perpetuate the very prejudice which the administration of justice exists to prevent.<\/p>\r\n\r\n <p style=\"text-align:center;font-weight:700;color:var(--saffron-deep);font-size:1.1em;margin-top:30px;\">Hence this Prayer.<\/p>\r\n\r\n <p class=\"vrpt-footer-note\">Preliminary Prayer and Submission · Before the Additional Affidavit · High Court for the State of Telangana at Hyderabad<\/p>\r\n\r\n<\/div>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dad1c7b elementor-widget elementor-widget-html\" data-id=\"dad1c7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<!DOCTYPE html>\r\n<html lang=\"en\">\r\n<head>\r\n<meta charset=\"UTF-8\">\r\n<meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\">\r\n<title>Counter Affidavit \u2014 W.P. No.26667 of 2026 \u2014 Victims Rights Protection Trust<\/title>\r\n<style>\r\n :root{\r\n --saffron:#C97A1E;\r\n --saffron-deep:#A6531A;\r\n --cream:#FFFDF7;\r\n --cream-alt:#FFF6E8;\r\n --ink:#2b2117;\r\n --ink-soft:#4a3b2a;\r\n --rule:#e7d3b3;\r\n }\r\n\r\n *{box-sizing:border-box;}\r\n\r\n body{\r\n margin:0;\r\n padding:0;\r\n background:var(--cream);\r\n color:var(--ink);\r\n font-family:\"Georgia\",\"Cambria\",\"Times New Roman\",serif;\r\n line-height:1.7;\r\n font-size:16px;\r\n -webkit-font-smoothing:antialiased;\r\n }\r\n\r\n .vrpt-doc{\r\n max-width:880px;\r\n margin:0 auto;\r\n padding:0 20px 60px;\r\n }\r\n\r\n \/* ===== Masthead ===== *\/\r\n .vrpt-masthead{\r\n background:linear-gradient(135deg,var(--saffron) 0%,var(--saffron-deep) 100%);\r\n color:#FFFDF7;\r\n padding:34px 34px 28px;\r\n border-radius:0 0 18px 18px;\r\n margin:0 -20px 32px;\r\n text-align:center;\r\n }\r\n .vrpt-masthead .court{\r\n font-size:0.82em;\r\n letter-spacing:0.08em;\r\n 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class=\"case-no\">W.P. No. 26667 of 2026<\/p>\r\n <div class=\"parties\">\r\n <div class=\"row\"><strong>Dhanwantari Foundation International (DFI) Trust<\/strong><\/div>\r\n <div class=\"row tag\">Represented by its Trustee, Dr. Pantangi Kamalakara Sharma<\/div>\r\n <div class=\"row tag\">\u2026 Petitioner<\/div>\r\n <div class=\"vs\">\u2014 And \u2014<\/div>\r\n <div class=\"row\"><strong>State of Telangana & Others<\/strong><\/div>\r\n <div class=\"row tag\">\u2026 Respondents<\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n <h1 class=\"vrpt-title\">Counter Affidavit<\/h1>\r\n <p class=\"vrpt-subtitle\">On behalf of Respondent Nos. 4 to 6<\/p>\r\n\r\n <div class=\"vrpt-intro\">\r\n <p>I, <strong>Kalle Nagaraja Giri Prasad Sarma<\/strong>, S\/o. Kalle Nagaraju, aged about 55 years, Founder and Convenor of Victims Rights Protection Trust, Regd. No. 209 of 2025, having its office at Barkatpura, Hyderabad, being Respondent No. 5 herein, being acquainted with the facts, records and circumstances of the case and competent to depose on behalf of Respondent Nos. 4 to 6, do hereby solemnly affirm and state as follows:<\/p>\r\n <\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">I<\/span> Preliminary Submissions<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">1.<\/span><p>The present Writ Petition proceeds upon an incomplete and selective narration of events and seeks to portray Respondent No.4, Victims Rights Protection Trust (“VRPT”), as the source of allegations and disputes concerning Dhanwantari Foundation International and its associated entities. The contemporaneous record demonstrates that the investor transactions, demands for registration and refund, criminal investigation and statutory attachment proceedings had arisen substantially prior to the registration of VRPT.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">2.<\/span><p>VRPT was registered on 22.09.2025 under Document No.209 of 2025. Long prior thereto, investors had made payments to entities associated with DFI; investors were seeking registration of properties or repayment of monies; investment and bond documents had been surrendered for refund; Crime No.358 of 2023 had been registered by CCS, DD, Hyderabad; and statutory proceedings concerning attachment of properties had commenced.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">3.<\/span><p>VRPT functions as a victim-coordination and record-preservation body. It receives grievances and supporting records, organises such material, facilitates communication with statutory authorities, engages advocates wherever required and assists affected persons in approaching competent Courts and authorities. VRPT does not claim the powers of a police agency, adjudicating authority or Court and does not claim authority to determine criminal guilt, title or final investor entitlement.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">II<\/span> Criminal & Attachment Proceedings Predate VRPT<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">4.<\/span><p>Crime No.358 of 2023 was registered at CCS, DD, Hyderabad for offences including Sections 406 and 420 read with Section 34 IPC and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999. The said criminal proceedings materially predate the registration of VRPT.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">5.<\/span><p>In Criminal Petition No.4004 of 2024, the prosecution version concerning investments through DFI-related entities, including DFI Nirmaan Private Limited, Dharani Sheltors Private Limited, DFI Hospitals Private Limited, DFI Ventures Private Limited and other entities, was recorded. The record referred, inter alia, to investments, interest assurances, land\/plot transactions, bonds or debentures and alleged defaults in repayment. The Respondents rely upon the said order only to establish the existence and chronology of the investigation and not as a final adjudication of criminal guilt.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">6.<\/span><p>The petitioner itself relies upon and refers to the later Government attachment proceedings and orders of the competent Sessions Court. These proceedings arose from the pre-existing investor controversy and cannot reasonably be attributed to VRPT.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">III<\/span> Pre-Existing Investor Records & Internal Concerns<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">7.<\/span><p>One illustrative investor record is that of Sri Kasinadhuni Kameswara Rao. The available records include Dharani Sheltors Private Limited Receipt No.4617 dated 23.04.2012 for Rs.3,00,000\/- towards the Vijayawada Venture, Receipt No.4636 for Rs.33,000\/- relating to Plot No.357, a separate record of Rs.22,000\/- towards registration charges and corresponding ledger entries. These records require reconciliation with the underlying land, title, plot and registration records.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">8.<\/span><p>On 17.11.2022, Sri Kasinadhuni Kameswara Rao submitted original investment\/bond documents to DFI Ventures Limited seeking refund of Rs.1,50,000\/- and Rs.2,00,000\/-. The communication bears an inward acknowledgement dated 19.11.2022 and an endorsement concerning receipt of originals. Thus, a formal refund claim supported by original investment instruments existed nearly three years before VRPT was registered.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">9.<\/span><p>On 03.05.2024, the said investor furnished his investment particulars and supporting material to the present deponent. This further demonstrates that documentary investor grievances were being received substantially prior to registration of VRPT.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">10.<\/span><p>A further material document is the communication dated 16.05.2024 of Dr. A. Venkata Ratnam, who described himself therein as one of the founder members of DFI. He stated that DFI had originally been established with charitable and community-welfare objectives and raised serious concerns concerning subsequent private companies, use of the DFI name and logo and financial activities said to have been undertaken without the knowledge or approval of certain trustees.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">11.<\/span><p>The Respondents do not seek to treat the allegations in the said communication as proved merely because they were made by a person identifying himself as a founder member. Its relevance is chronological and evidentiary: serious internal concerns regarding DFI-linked commercial activity had been recorded in writing on 16.05.2024, approximately sixteen months before VRPT was registered.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">12.<\/span><p>A further communication has been received from Dr. B.N. Ravi Kumar, who identifies himself as a Governing Council Member and rotating Trust member associated with DFI. He states, inter alia, that rotating trustees were not involved in, informed about or called upon to approve commercial activities and that the Trust was intended for welfare activities. His statement is likewise placed as a representation requiring verification from the original Trust records.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">13.<\/span><p>The above statements raise a governance question requiring production of the original DFI Trust Deed, complete Trust Board minutes, attendance registers, resolutions concerning commercial entities, resolutions concerning use of the DFI name and logo, original accounts and all financial transactions between the Trust and connected entities. If the commercial activities were duly authorised, the corresponding resolutions and accounts should establish the same; if not, the use of the Trust identity and membership network requires independent examination.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">IV<\/span> VRPT Trust Deed, Legal Assistance & Registration Objections<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">14.<\/span><p>The petitioner selectively relies upon expressions in the VRPT Trust Deed referring to the alleged DFI financial fraud. Such wording must be read in the factual context existing on the date of registration. By 22.09.2025, Crime No.358 of 2023, investor complaints, refund claims, criminal proceedings and attachment proceedings were already in existence.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">15.<\/span><p>Respondent Nos.4 to 6 expressly state that no individual can be treated as finally guilty of a criminal offence except upon adjudication by the competent criminal Court. References in the VRPT records to fraud, cheating or victim grievances are references to the allegations, investigation and claims forming part of the criminal and connected proceedings, unless otherwise expressly stated.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">16.<\/span><p>The allegation that VRPT is engaging in unauthorised legal practice is misconceived. VRPT receives grievances, organises records and assists affected persons in obtaining lawful legal representation. Wherever representation by an advocate is required, proceedings are undertaken through duly engaged advocates. VRPT does not claim any statutory right for its trustees to practise law contrary to the Advocates Act.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">17.<\/span><p>The petitioner has referred to a Brahmins Help Desk account mentioned in the VRPT Trust Deed. The instrument itself disclosed the transitional position and contemplated an independent account. In any event, there is a fundamental distinction between voluntary charitable contributions received for lawful welfare activity and monies accepted from the public upon promises of interest, financial return, debentures, shares or property. VRPT has not been constituted as a deposit-taking or investment-return establishment.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">18.<\/span><p>The petitioner has also raised technical objections concerning settlor, corpus, beneficiaries, trustees and internal amendment provisions of VRPT. The allegations of fraudulent registration are denied. The registered instrument identifies the founding trustees, intended beneficiaries\/classes, objects, administration, fund utilisation and other provisions. Mere disagreement with wording or internal clauses does not by itself establish deliberate criminal falsehood or justify cancellation of the Trust.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">V<\/span> Lawful Participation of VRPT in Statutory & Judicial Proceedings<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">19.<\/span><p>VRPT approached this Hon’ble Court in W.P. No.17816 of 2026 seeking lawful directions concerning victim grievances, assets and statutory action. The proceedings are relied upon only to demonstrate that VRPT has pursued judicial and statutory remedies and not any private enforcement mechanism.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">20.<\/span><p>On 20.08.2026, the Assistant Commissioner of Police, EOW Team-VI, CCS, DD, Hyderabad issued notice under Section 94 BNSS to VRPT in Crime No.358 of 2023 and sought particulars concerning its members and trustees. The said notice is not relied upon as judicial certification of every activity of VRPT; it demonstrates that the statutory investigating agency is corresponding with VRPT in relation to affected DFI investors.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">21.<\/span><p>Respondent Nos.4 to 6 undertake to cooperate with CCS\/EOW and all other competent statutory authorities and to produce investor records lawfully required from them.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">VI<\/span> Vijayawada \/ Kanaka Durga Agraharam Venture<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">22.<\/span><p>The documentary record concerning the Vijayawada\/Kanaka Durga Agraharam Venture demonstrates that the underlying investor dispute predates VRPT by several years. Minutes and communications record difficulties in land procurement, mutation, passbooks, title deeds, NALA\/conversion, layout approvals, political circumstances, strikes, changes in land prices and other matters.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">23.<\/span><p>At different stages the records refer to approximately 18.12 acres, approximately 20 acres and other land figures. The exact extent acquired should therefore be established from certified title records rather than assumption.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">24.<\/span><p>The records also disclose that specific plot numbers and extents were communicated to some investors while procurement of further land and\/or statutory approvals remained incomplete. This raises a factual question whether the specific plots communicated to investors were legally identifiable and capable of conveyance at the time money was collected.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">25.<\/span><p>For every affected investor in the venture, the date of payment and allotment should therefore be compared with the date of Agreement of Sale with the original landowner, GPA, registered acquisition, NALA\/conversion, sanctioned layout and final registration.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">26.<\/span><p>The records further disclose written refund options carrying substantial rates of interest or compensation at different points in time. Certain 2014 material refers to 24% and 36% simple interest in specified circumstances, while later correspondence refers to lower rates including 10%. The contractual basis, Board resolutions, investor consent and accounting treatment underlying such changes require verification.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">27.<\/span><p>Dharani Sheltors’ Annual Day Minutes dated 16.03.2014 are material. The meeting was that of a private commercial company, yet Dr. P. Kamalakara Sharma participated on the dais described as Managing Trustee, DFI. The Minutes also referred to the Trust Board, discussed DFI Ventures investment opportunities, real-estate ventures, land procurement, layouts, registrations, revised plot prices, refund-interest policies and concluded with reference to a DFI religious programme.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">28.<\/span><p>The same Minutes referred to retired IAS and IPS officers associated with a Trust Board said to guide activities. The investigating agency should determine whether such representation reflected actual Board participation and resolutions or whether such reputation was invoked in member-facing communications without corresponding participation.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">VII<\/span> DFI Life Membership & Common Institutional Presentation<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">29.<\/span><p>DFI Life Membership communications dated 22.05.2012 and 29.09.2016 are highly material because they describe Dhanwantari Foundation International as a Trust intended to protect and promote the interests of the Brahmin community while simultaneously referring to ‘Commercial Establishments under DFI group of Companies’.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">30.<\/span><p>The same communications informed members of opportunities to participate as investors in such commercial companies and obtain benefits in proportion to their investment. They also identified ‘Dhanwantari Vani’ as an in-house publication through which DFI activities and subjects including tradition, religion, philosophy and health were communicated.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">31.<\/span><p>The evidentiary significance is not that separate companies automatically lose their legal personality. The relevant factual inquiry is how the Trust and the companies were represented to members and whether confidence generated through the Trust, its community identity and membership network was used in connection with commercial investments.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">32.<\/span><p>A registered Sale Deed bearing Document No.2965\/2008 further shows real-estate activity through M\/s. Dhanwantari Agraharam, described as a partnership firm, and identifies Dr. P. Kamalakara Sharma among persons representing that concern in GPA-cum-Agreement-of-Sale based land transactions. The relationship between the partnership concern, DFI Trust and later private limited companies should be established through the partnership deed, Trust resolutions, capital accounts, bank records and land records.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">VIII<\/span> DFI Nirmaan Agreement, Refund Structure & Debentures<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">33.<\/span><p>An agreement dated 25.04.2017 of DFI Nirmaan Private Limited records receipt of Rs.9,00,000\/- towards a proposed plot arrangement at Sri Venkatesa Agraharam, Tirupati. The company undertook to offer a plot within approximately 90 days; if a plot was not offered or was not acceptable, the amount could be demanded back with compensation stated at approximately 16% per annum, and the arrangement could continue until refund.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">34.<\/span><p>The agreement presently available does not itself identify a specific survey number, registered title deed number, exact plot number, approved layout number or complete title particulars. The representation that the company ‘has land’ should therefore be verified against the actual title position existing on the date of the agreement.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">35.<\/span><p>A subsequent refund demand dated 20.10.2022 sought return of the Rs.9,00,000\/- amount under the said agreement. The company books and bank records should establish whether the amount and contractual compensation were discharged.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">36.<\/span><p>The importance of this transaction lies in its economic substance. A substantial sum could remain with the company beyond the stipulated period while an annual monetary return or compensation accrued until repayment. The true character of such arrangements therefore depends upon their substance, implementation, investor understanding and accounting treatment, not merely the label ‘advance’.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">37.<\/span><p>A separate Debenture Certificate dated 07.03.2019 issued by Dharani Sheltors Private Limited records 6,000 unsecured partly convertible debentures of Rs.100\/- each, representing Rs.6,00,000\/-, for a period of three years, with approximately 13% interest and quarterly interest payment. The complete debenture register, statutory filings, subscription accounts, interest-payment records, redemption records and outstanding liabilities should be obtained.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">38.<\/span><p>A further agreement effective from March 2022 issued by DFI Ventures Limited records approximately Rs.5,00,000\/- towards a proposed Bangalore venture and contains a substantially similar 90-day plot\/refund structure with approximately 12.5% annual compensation. The repetition of substantially similar structures through different DFI-associated entities over different years requires system-wide examination rather than treatment as isolated contracts.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">IX<\/span> Illustrative Investor Cases<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">39.<\/span><p>Smt. P.N.V. Devi Prashanthi produced DFI Nirmaan Private Limited Receipt No.3813 dated 10.11.2018 acknowledging Rs.4,82,139\/-. Her representation states that the payment related to a proposed land transaction at Papanaidupeta\/Tirupati.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">40.<\/span><p>The receipt itself does not identify the plot number, survey number, extent, Agreement of Sale particulars, project particulars, approval particulars or allotment details, and the printed column ‘TOWARDS’ is left blank. Her statement that registration was not completed and satisfactory property particulars were not furnished should be independently checked against the original receipt book, counterfoil, ledger, bank account, title deeds, layout records and statutory approvals.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">41.<\/span><p>The case of Smt. D. Sarada Rani relating to Vijayawada Plot No.81 provides another example. Her representation refers to payments made in 2012 towards a proposed 350 square yards plot. DFI Investments, by e-mail dated 29.11.2025, acknowledged the transaction, stated that the earlier layout had not fructified, referred to unresolved farmer-land and approach-road issues and proposed either alternative farm land or a quantified refund with interest.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">42.<\/span><p>The said correspondence requires reconciliation with the original receipts because the handwritten representation presently identifies payments totalling Rs.5,25,000\/-, whereas DFI’s subsequent e-mail refers to an investment figure of Rs.8,75,000\/-. The Respondents do not seek to resolve that discrepancy by assumption; complete receipts, cheque records, ledger entries and registration-charge records must establish the actual amount.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">43.<\/span><p>A further issue concerning Plot No.81 is whether a specific plot could have been allotted and registration charges collected when the subsequent correspondence itself stated that the layout had not fructified and underlying farmer-land and access issues remained unresolved.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">44.<\/span><p>In another Vijayawada record concerning Plot No.106, a specific plot number, extent, rate, amount paid and balance were communicated while the company’s own communications indicated that further land procurement and NALA\/layout processes remained pending. The legal identity and title basis of that plot at the date of allotment therefore require verification.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">45.<\/span><p>The representation dated 18.04.2024 of Sri Mudigonda Veerabhadra Sarma concerns payments of approximately Rs.1,95,000\/- connected with Plot No.106. Available company records are stated to reflect corresponding payments and ledger entries. The company bank, title and refund records should establish the final position.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">46.<\/span><p>The Vijayawada records also disclose proposals to shift or accommodate investors in other ventures including Vizag, Kanchikacherla, Bangalore\/Devanahalli, Yadadri\/Yadagirigutta and Siddipet\/Ananthasagar. Every such transfer should be traced from the original liability to the substitute transaction, including original principal, interest\/compensation, value carried forward, additional amount collected, substitute property, survey number, title, approvals, registration, refund and final outstanding liability.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">47.<\/span><p>A representation dated 16.04.2024 was received from Sri Cheruvu Rama Krishna concerning Ananthasagar. He states that approximately Rs.1,00,000\/- had been paid in 2008 towards an intended one-acre holding and raises issues concerning location\/access, development, LRS-related amounts and recurring development\/maintenance demands. These allegations require verification against original title documents, passbooks, receipts, layout records and DFI correspondence.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">48.<\/span><p>Separate documentary schedules relating to Ananthasagar contain structured LRS, development and maintenance charges for categories including GCM, Donor-I, Donor-II and plot holders. The investigating authority should identify total collections under these heads and compare them with actual expenditure upon roads, drainage, electricity, water facilities, survey\/demarcation and maintenance works.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">X<\/span> Dhanwantari Vani & DFI’s Own Public Representations<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">49.<\/span><p>The July 2023 issue of ‘Dhanwantari Vani’ is highly material because DFI’s own Life Membership communications identify it as an in-house publication. The publication combines DFI organisational information, community and religious content, medical and welfare activities, real-estate ventures, investment information, commercial-company advertisements and bank\/payment details.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">50.<\/span><p>The publication identifies Dr. Pantangi Kamalakara Sharma as Editor and records that it was printed\/published through DFI Publications Private Limited. Statements appearing therein concerning DFI projects and financial matters are therefore relevant contemporaneous representations from within the DFI institutional structure.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">51.<\/span><p>The July 2023 editorial material refers to difficulty in properly paying investors’ principal and interest from around the year 2022 and states that monies had become blocked in various ventures. It further refers to disposal of plots and generation of funds for regularising outstanding investor issues.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">52.<\/span><p>This chronology is significant because Crime No.358 of 2023 was registered subsequently. DFI’s own publication therefore indicates that repayment difficulty materially predated registration of the FIR and requires consideration whenever a later explanation attributes the inability to repay solely to CCS action or subsequent attachment.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">53.<\/span><p>The same publication refers to approximately Rs.8 crores having been invested by members in the form of debentures in connection with a hospital project. The figure is relied upon as DFI’s own published representation and requires verification through debenture registers, bank accounts, statutory filings and audited financial statements.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">54.<\/span><p>The publication describes DFI Nirmaan Private Limited in connection with the real-estate activities of Dhanwantari Foundation International; contains a Dharani Sheltors Private Limited real-estate promotion; describes DFI Infra Projects Private Limited as one of the commercial wings of Dhanwantari Foundation International; and describes DFI Ventures Limited as an investments and real-estate wing of the DFI group.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">55.<\/span><p>One Dharani Sheltors advertisement further contains a representation that a portion of profit would be transferred to Dhanwantari Foundation International Charitable Trust for development works including educational institutions and hospitals. The actual existence, amount and accounting treatment of any such transfers should be verified from the books and bank accounts of both entities.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">56.<\/span><p>The DFI Lands Department pages in the same publication contain land-venture information, development and maintenance material and banking particulars for different DFI-associated entities. Thus, one common publication was used to communicate projects, charges, payment terms and banking information of multiple DFI-linked entities.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">57.<\/span><p>The Respondents do not contend that combining religious or charitable material with commercial advertisements is by itself unlawful. The relevant question is whether the charitable\/community reputation and membership network were used as part of the credibility framework through which members entered commercial investment or land transactions. That issue is capable of objective examination through the publications, promotional material and investor evidence.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XI<\/span> DFI Website & Electronic Records<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">58.<\/span><p>Screen captures dated 22.08.2026 of the public-facing Dhanwantari Foundation International website display Dr. P. Kamalakara Sharma as Founder & Managing Trustee, DFI, and display a common platform containing Membership, DFI Activities, Trusts, DFI Brochures, Online Pay, Dhanwantari Vani, DFI Donations and other service\/project information.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">59.<\/span><p>The website displays membership categories including GCM, Donor-I, Donor-II, Life Membership, Premier Membership and General Membership and displays an aggregate membership figure of approximately 2,52,762. The Respondents do not place that figure as a verified investor count; it is relevant as DFI’s own public representation of the scale of its membership\/community network.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">60.<\/span><p>The website also displays an Online Pay facility, donation-related material and fee-related course information. The Respondents do not infer from a screenshot alone that any particular post-attachment payment was completed. The underlying server records, payment mappings, bank accounts, transaction logs, membership database and administrator access records should, however, be preserved and verified.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">61.<\/span><p>Complete electronic copies of the website, source files, hosting\/server records, Dhanwantari Vani archives, member database, payment logs and related electronic records should be preserved in accordance with law before they are capable of alteration or loss.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XII<\/span> Common Judgment dated 05.05.2026 in Crl. A. Nos.1040–1047 of 2025<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">62.<\/span><p>The legal significance of the above documentary material must be considered in the light of the Common Judgment dated 05.05.2026 passed by the Hon’ble High Court of Telangana in Criminal Appeal Nos.1040 to 1047 of 2025 arising from Crime No.358 of 2023 and the orders dated 29.08.2025 of the Sessions Judge, Hyderabad.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">63.<\/span><p>The Common Judgment records that the Competent Authority invoked Section 4(3) of the Telangana Protection of Depositors and Financial Establishments Act, 1999 to make absolute Government ad-interim attachment orders including G.O.Rt.Nos.473, 474, 541, 542, 561, 665, 258 and 259 issued during 2024 and 2025.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">64.<\/span><p>The judgment records that before the trial Court the accused\/entities contended, inter alia, that the transactions were contractual in nature involving immovable property or debentures, that separate companies or trusts owned the properties and that the Companies Act governed the transactions rather than the State Depositors Act. The trial Court rejected those contentions and made the ad-interim attachments absolute.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">65.<\/span><p>In paragraph 11 of the Common Judgment, the Hon’ble High Court rejected the contention that charitable Trust status by itself insulated the property from statutory action. The Court held, in substance, that the material prima facie disclosed use of the entity for mobilisation of public funds with promises of returns followed by default, and that the substance of the transactions rather than their form was determinative.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">66.<\/span><p>In paragraph 12, the Hon’ble Court rejected the contention that the Companies Act excluded operation of the Telangana Depositors Act and held that the special depositor-protection legislation applied to the financial activities in question.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">67.<\/span><p>In paragraph 13, the Hon’ble Court accepted the general principle of separate corporate personality but recorded that the material prima facie disclosed that the Trust and various interconnected entities were functioning under common control and were utilised for mobilisation of funds from the public.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">68.<\/span><p>In paragraph 15, the Hon’ble Court held that whether a transaction constitutes a deposit must be determined from its real nature and substance and not merely from nomenclature such as debentures or other corporate\/contractual descriptions.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">69.<\/span><p>In paragraph 17, the Hon’ble Court held that the Depositors Act contains an overriding provision and that the attachments effected under the State Act remained valid and enforceable in the facts before it.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">70.<\/span><p>In paragraphs 20 and 21, the Hon’ble Court recorded that the material established a pattern of collection of funds from the public under various schemes followed by failure to repay and observed that the appellants, under the guise of a Trust and interconnected entities, mobilised substantial deposits and failed to honour commitments, thereby attracting the statutory depositor-protection mechanism.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">71.<\/span><p>The Hon’ble High Court ultimately found no illegality or infirmity in the orders of the trial Court and dismissed all Criminal Appeal Nos.1040 to 1047 of 2025, confirming the orders making the ad-interim attachment orders absolute. Miscellaneous applications, if any pending, were closed.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">72.<\/span><p>The Respondents do not rely upon the Common Judgment as a final criminal conviction of any individual. Its relevance to the present Writ Petition is nevertheless substantial because the petitioner’s broad contentions concerning charitable Trust status, separate corporate personality, contractual nomenclature and the statutory attachment mechanism had already been considered in proceedings arising from the same Crime No.358 of 2023.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">73.<\/span><p>The Common Judgment also supplies the proper method for examining the additional documents now produced: the investigation must follow the substance and actual money\/property trail rather than treating each transaction as isolated merely because a different instrument or corporate entity was used.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XIII<\/span> Investor-Wise, Venture-Wise & Inter-Entity Forensic Reconciliation<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">74.<\/span><p>For every investor, the competent authority should identify the date and amount of payment, entity receiving the money, receipt or instrument issued, bank account credited, ledger entry, purpose represented, property or project promised, interest or compensation paid, any transfer to another venture, property actually registered, principal refunded and final outstanding liability.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">75.<\/span><p>For each land venture, the authorities should identify the original landowner, survey number, Agreement of Sale, GPA, date of registered acquisition, extent acquired, source of consideration, NALA\/conversion date, layout approval, number of plots offered, number allotted, number registered, money collected, refunds, development charges, subsequent alienations or mortgages and present title.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">76.<\/span><p>The same exercise should identify all inter-entity transfers between Dhanwantari Foundation International Trust, Dhanwantari Agraharam, Dharani Sheltors Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, hospital-related entities, DFI Infra Projects Private Limited, DFI Publications Private Limited and other entities found during investigation to be financially or operationally connected.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">77.<\/span><p>Such examination should include loans, advances, donations, investments, profit transfers, land-purchase payments, repayments, related-party transactions, common expenses, remuneration, director-related payments and transfers between bank accounts.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">78.<\/span><p>Particular attention should be paid to transactions in which a specific plot number or property commitment was communicated before the concerned entity acquired title or enforceable rights over the land or before statutory layout approval. The date of investor payment and allotment should be compared with the date of landowner agreement, acquisition, conversion, layout approval and final registration.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XIV<\/span> Additional Evidence, Preservation & Orderly Filing<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">79.<\/span><p>The documentary material presently available represents only part of the records being received from affected persons. The Respondents understand that a substantial number of investor-wise and transaction-wise issues remain to be documented and verified.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">80.<\/span><p>It would neither be practical nor conducive to orderly pleading to rewrite the substantive Counter Affidavit whenever another investor produces a receipt, agreement, bond, debenture, land record or correspondence. The Respondents therefore seek liberty, subject to the procedure and leave of this Hon’ble Court, to place further material as additional documentary evidence under continuous document numbering.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">81.<\/span><p>Such additional records may identify the investor, date of transaction, amount, concerned entity, purpose represented, receipt or instrument, subsequent correspondence, registration\/refund status, present claim and primary records requiring official verification.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">82.<\/span><p>The investigating agency should preserve all original receipt books and counterfoils, investor\/member registers, ledgers, cash books, bank statements, cheque realisation records, bond and debenture registers, refund applications, interest calculations, plot-allotment registers, layout plans, statutory approvals, title deeds, GPAs, Agreements of Sale, Encumbrance Certificates, Board resolutions, audit reports, statutory filings, e-mails, electronic accounting databases and venture-transfer records.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XV<\/span> Attached Assets & Statutory Realisation<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">83.<\/span><p>Attachment of assets is an essential protective step but does not itself provide repayment to affected depositors. The Common Judgment dated 05.05.2026 confirmed the orders of the trial Court making the relevant ad-interim attachments absolute.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">84.<\/span><p>Subject to the Telangana Depositors Act, orders of the competent Special Court and any subsisting order of a superior Court, the statutory process should therefore progress towards verification, valuation and lawful realisation of properties eligible for such process without avoidable delay.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">85.<\/span><p>The Deputy Commissioner of Police or competent supervisory officer of CCS\/EOW may be directed to place before the Competent Authority\/Special Court a comprehensive status report identifying each attached or identified property, title holder, survey number, extent, possession, encumbrances, litigation, current valuation, third-party claims, if any, and the legal steps remaining before realisation.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">86.<\/span><p>CCS\/EOW and the Competent Authority may further coordinate with Revenue Authorities, the Registration Department, District Administration, valuation authorities and the competent Special Court. Where an attached property is legally available for sale or e-auction, the competent authority may be directed, strictly subject to statutory procedure and orders of the Special Court, to move the matter forward.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">87.<\/span><p>Before distribution of any realised amount, a verified investor\/victim claims database should be prepared recording investor identity, principal amount, supporting documents, amount already received, property already registered, balance claim, entity or venture concerned and verification status. VRPT is willing to furnish the investor records available with it for independent verification and does not claim any power to decide claims or distribute realised amounts.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XVI<\/span> Effect of the Present Writ & Conclusion<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">88.<\/span><p>The pendency of W.P. No.26667 of 2026, which principally challenges the registration and functioning of VRPT, should not by itself operate as a stay or impediment against investigation, preservation of records, tracing of assets, verification of bank accounts, statutory attachment, valuation or lawful asset-realisation proceedings unless specifically so ordered by a competent Court.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">89.<\/span><p>Suspending or cancelling VRPT would not erase the underlying receipts, agreements, debentures, land records, investor claims, FIR, Government attachment proceedings, Special Court orders or the Common Judgment dated 05.05.2026. It would principally disrupt the mechanism through which affected persons presently coordinate their records and communicate with authorities.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">90.<\/span><p>The petitioner’s request for prosecution of Respondent Nos.5 and 6 in connection with registration of VRPT is denied. The petitioner must establish the particular allegedly false statement, the person who made it, its materiality and all statutory ingredients required for the penal consequence sought.<\/p><\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">91.<\/span><p>The complete chronology demonstrates that VRPT is the consequence of an already existing investor controversy and not the creator of that controversy. The appropriate course is to permit the statutory investigation and asset-realisation mechanism to proceed, allow affected persons to place their records before competent authorities and Courts, and leave questions of individual criminal guilt, investor entitlement and property title for determination in proceedings constituted by law.<\/p><\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2><span class=\"num\">XVII<\/span> Documents Relied Upon \/ To Be Filed<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-para\"><span class=\"pno\">92.<\/span><p>The Respondents rely upon and\/or seek liberty to file the following documents in separate indexed documentary volumes, subject to proper marking, pagination and filing procedure:<\/p><\/div>\r\n\r\n <div class=\"vrpt-table-wrap\">\r\n <table class=\"vrpt-schedule\">\r\n <thead>\r\n <tr><th style=\"width:70px;\">No.<\/th><th>Description<\/th><\/tr>\r\n <\/thead>\r\n <tbody>\r\n <tr><td class=\"dno\">D-1<\/td><td>23.04.2012 – Dharani Sheltors Receipt No.4617 for Rs.3,00,000\/- in the name of Sri Kasinadhuni Kameswara Rao.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-2<\/td><td>Dharani Sheltors Receipt No.4636 for Rs.33,000\/- relating to Vijayawada Venture \/ Plot No.357.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-3<\/td><td>Record\/receipt relating to Rs.22,000\/- registration charges in the case of Sri Kasinadhuni Kameswara Rao.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-4<\/td><td>Dharani Sheltors ledger reflecting approximately Rs.3,33,000\/- in the said Vijayawada transaction.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-5<\/td><td>Registration-charge ledger reflecting Rs.22,000\/-.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-6<\/td><td>17.11.2022 \/ 19.11.2022 – Refund request and DFI Ventures acknowledgement concerning original bonds.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-7<\/td><td>03.05.2024 – Investment statement\/e-mail of Sri Kasinadhuni Kameswara Rao.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-8<\/td><td>19.04.2024 – Order in Criminal Petition No.4004 of 2024.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-9<\/td><td>16.05.2024 – Communication of Dr. A. Venkata Ratnam identifying himself as a founder member of DFI.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-10<\/td><td>22.09.2025 – VRPT Trust Deed, Document No.209 of 2025.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-11<\/td><td>18.06.2026 – Notice pursuant to proceedings in W.P. No.17816 of 2026.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-12<\/td><td>20.08.2026 – CCS notice under Section 94 BNSS.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-13<\/td><td>W.P. No.26667 of 2026 papers filed by the petitioner.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-14<\/td><td>25.10.2014 – Minutes concerning the Vijayawada Venture.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-15<\/td><td>Vijayawada Venture option\/refund communication.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-16<\/td><td>27.07.2021 – Dharani Sheltors communication concerning Vijayawada and alternative ventures.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-17<\/td><td>Statement\/investment particulars furnished by Smt. P.N.V. Devi Prashanthi.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-18<\/td><td>DFI Nirmaan Private Limited Receipt No.3813 dated 10.11.2018 for Rs.4,82,139\/- in the name of P.N.V. Devi Prashanthi.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-19<\/td><td>08.11.2025 – Written demand of Smt. D. Sarada Rani regarding Vijayawada Plot No.81.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-20<\/td><td>28.11.2025 – E-mail seeking refund of Vijayawada plot amount with interest.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-21<\/td><td>29.11.2025 – Reply from DFI Investments concerning Plot No.81, Rs.8,75,000\/- investment, substitute farm-land proposal and refund calculation.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-22<\/td><td>02.12.2025 – Investor reply questioning collection, allotment and non-registration.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-23<\/td><td>03.12.2025 – E-mail of Sri Sravan Daruri concerning conversion\/recalculation of investment.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-24<\/td><td>10.12.2025 – Communication of Smt. D. Sarada Rani concerning alternative land proposals.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-25<\/td><td>29.09.2016 – DFI Life Membership communication concerning the Trust, DFI group commercial companies, investor participation and Dhanwantari Vani.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-26<\/td><td>Registered Sale Deed bearing Document No.2965\/2008 concerning M\/s. Dhanwantari Agraharam and plotted land at Ananthasagar.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-27<\/td><td>25.04.2017 – DFI Nirmaan Private Limited agreement concerning Rs.9,00,000\/- and the related refund demand dated 20.10.2022.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-28<\/td><td>07.03.2019 – Dharani Sheltors debenture certificate\/covering letter concerning Rs.6,00,000\/- unsecured partly convertible debentures.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-29<\/td><td>03.03.2022 – DFI Ventures agreement concerning Rs.5,00,000\/- for Dhanwantari Chamundi Agrahara, Bangalore.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-30<\/td><td>Communication of Dr. B.N. Ravi Kumar concerning Trust governance and commercial activities.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-31<\/td><td>22.05.2012 – DFI Life Membership communication signed\/issued under the DFI Trust identity.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-32<\/td><td>16.03.2014 – Dharani Sheltors Private Limited Annual Day Minutes.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-33<\/td><td>Dharani Sheltors correspondence concerning Vijayawada\/Mustabada Venture and Plot No.106.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-34<\/td><td>18.04.2024 – Representation of Sri Mudigonda Veerabhadra Sarma with supporting payment\/ledger material.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-35<\/td><td>16.04.2024 – Representation of Sri Cheruvu Rama Krishna concerning Ananthasagar.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-36<\/td><td>Ananthasagar LRS \/ development \/ maintenance charge schedules.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-37<\/td><td>Common Judgment dated 05.05.2026 in Criminal Appeal Nos.1040 to 1047 of 2025.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-38<\/td><td>22.08.2026 – DFI website screen capture showing Chairman’s Message, membership categories, Trusts, Brochures, Online Pay, Dhanwantari Vani and related content.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-39<\/td><td>22.08.2026 – DFI website screen capture showing fee-based training courses and DFI Donations section.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-40<\/td><td>Dhanwantari Vani – July 2023 editorial material concerning investor principal\/interest difficulty, fund generation and debenture investment.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-41<\/td><td>Dhanwantari Vani – DFI Nirmaan Private Limited \/ Sri Venkatesa Agraharam, Tirupati page.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-42<\/td><td>Dhanwantari Vani – Dharani Sheltors Private Limited \/ Kanakadurga Agraharam Phase-2 page.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-43<\/td><td>Dhanwantari Vani – DFI Infra Projects Private Limited advertisement describing it as a commercial wing of Dhanwantari Foundation International.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-44<\/td><td>Dhanwantari Vani – DFI Ventures Limited \/ Dhanwantari Chamundi Agrahara, Bangalore pages.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-45<\/td><td>Dhanwantari Vani – DFI Lands Department \/ property-protection charges \/ bank-payment information pages.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-46<\/td><td>Dhanwantari Vani – Dharani Sheltors advertisement referring to proposed transfer of a portion of profits to Dhanwantari Foundation International Charitable Trust.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-47<\/td><td>Dhanwantari Vani publication\/editorial particulars identifying Dr. Pantangi Kamalakara Sharma as Editor and DFI Publications Private Limited.<\/td><\/tr>\r\n <tr><td class=\"dno\">D-48+<\/td><td>Further receipts, agreements, sale deeds, Agreements of Sale, gift deeds, title records, bank documents, Dhanwantari Vani issues, investor statements and electronic evidence to be filed with leave and in accordance with the procedure of this Hon’ble Court.<\/td><\/tr>\r\n <\/tbody>\r\n <\/table>\r\n <\/div>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Prayer<\/h2>\r\n <\/div>\r\n <p class=\"vrpt-prayer-intro\">In the above facts and circumstances, it is therefore respectfully prayed that this Hon’ble Court may be pleased to:<\/p>\r\n <ul class=\"vrpt-prayer-list\">\r\n <li><span class=\"pletter\">a.<\/span><span>dismiss W.P. No.26667 of 2026 as devoid of merit;<\/span><\/li>\r\n <li><span class=\"pletter\">b.<\/span><span>reject the petitioner’s prayer seeking cancellation or quashing of the registration of Victims Rights Protection Trust, Document No.209 of 2025;<\/span><\/li>\r\n <li><span class=\"pletter\">c.<\/span><span>reject the interim prayer seeking suspension of the registration and functioning of Respondent No.4 Trust;<\/span><\/li>\r\n <li><span class=\"pletter\">d.<\/span><span>reject the petitioner’s prayer seeking prosecution of Respondent Nos.5 and 6 merely on the basis of the allegations made in the Writ Petition;<\/span><\/li>\r\n <li><span class=\"pletter\">e.<\/span><span>take note of the documentary chronology demonstrating that the investor transactions, refund claims, criminal investigation, attachment proceedings and serious documentary controversies materially predate registration of VRPT;<\/span><\/li>\r\n <li><span class=\"pletter\">f.<\/span><span>receive and take on record, subject to filing procedure, the Common Judgment dated 05.05.2026 in Criminal Appeal Nos.1040 to 1047 of 2025 and the additional documentary material relied upon by the Respondents;<\/span><\/li>\r\n <li><span class=\"pletter\">g.<\/span><span>permit Respondent No.4 Trust and Respondent Nos.5 and 6 to continue lawful cooperation with CCS\/EOW, the Competent Authority, Courts and other statutory authorities;<\/span><\/li>\r\n <li><span class=\"pletter\">h.<\/span><span>grant liberty to Respondent Nos.4 to 6, subject to leave and filing procedure, to place further investor-wise, transaction-wise and subject-wise material as additional documentary evidence under continuous document numbering without rewriting the substantive Counter Affidavit;<\/span><\/li>\r\n <li><span class=\"pletter\">i.<\/span><span>direct the competent investigating authority to undertake investor-wise, entity-wise and venture-wise reconciliation of collections, bank credits, assets, land registrations, refunds, interest or compensation payments, transfers between ventures and outstanding liabilities;<\/span><\/li>\r\n <li><span class=\"pletter\">j.<\/span><span>direct preservation, in accordance with law, of relevant original financial, property and electronic records, including receipts, ledgers, bank records, agreements, debenture\/share records, title records, Trust Board records, DFI website data, membership records, Dhanwantari Vani publications and electronic correspondence;<\/span><\/li>\r\n <li><span class=\"pletter\">k.<\/span><span>direct examination of the governance, financial and operational relationship between Dhanwantari Foundation International Trust and the entities using or associated with the DFI\/Dhanwantari identity, including the authority, if any, for use of the DFI name, logo and membership network in connection with commercial activity;<\/span><\/li>\r\n <li><span class=\"pletter\">l.<\/span><span>direct verification of the title position and statutory approval status of land ventures with reference to the dates on which investor monies were collected and specific plots were allotted or represented;<\/span><\/li>\r\n <li><span class=\"pletter\">m.<\/span><span>clarify that pendency of W.P. No.26667 of 2026 shall not, merely by reason of such pendency, prevent CCS\/EOW or any other competent statutory authority from continuing lawful investigation, preservation of evidence, tracing of assets, statutory attachment, valuation and proceedings concerning attached properties;<\/span><\/li>\r\n <li><span class=\"pletter\">n.<\/span><span>direct the Deputy Commissioner of Police \/ competent supervisory officer, CCS-EOW, Hyderabad to place before the Competent Authority\/Special Court a comprehensive status report concerning properties already attached or identified in Crime No.358 of 2023, including title, survey particulars, extent, possession, encumbrances, valuation, third-party claims and present legal status;<\/span><\/li>\r\n <li><span class=\"pletter\">o.<\/span><span>direct the concerned CCS\/EOW authorities and Competent Authority to coordinate with Revenue Authorities, the Registration Department and the competent Special Court for expeditious verification, protection and valuation of properties legally available for statutory realisation;<\/span><\/li>\r\n <li><span class=\"pletter\">p.<\/span><span>direct the Competent Authority, strictly subject to the Telangana Protection of Depositors of Financial Establishments Act, 1999, orders of the competent Special Court and any subsisting order of a superior Court, to initiate and diligently pursue sale\/e-auction and realisation of eligible attached properties without avoidable delay;<\/span><\/li>\r\n <li><span class=\"pletter\">q.<\/span><span>direct preparation of a verified investor\/victim claims database for lawful distribution of amounts realised from eligible assets in accordance with the applicable statute and orders of the competent Court;<\/span><\/li>\r\n <li><span class=\"pletter\">r.<\/span><span>permit VRPT to furnish the investor records available with it to CCS\/EOW and other competent authorities for independent verification;<\/span><\/li>\r\n <li><span class=\"pletter\">s.<\/span><span>direct that the prolonged documentary history and movement of investor liabilities between entities or ventures be examined as one continuous financial and property trail rather than as isolated transactions merely because different documentary descriptions or corporate entities were used;<\/span><\/li>\r\n <li><span class=\"pletter\">t.<\/span><span>clarify that none of the reliefs sought by the Respondents is intended to constitute a finding of final criminal guilt against any individual and that all issues of criminal responsibility, property title and final financial entitlement shall remain subject to investigation, trial and adjudication by the competent authorities and Courts; and<\/span><\/li>\r\n <li><span class=\"pletter\">u.<\/span><span>pass such other order or orders as this Hon’ble Court may deem fit and proper in the interests of justice and protection of affected investors.<\/span><\/li>\r\n <\/ul>\r\n\r\n \r\n <div class=\"vrpt-section\">\r\n <h2>Verification<\/h2>\r\n <\/div>\r\n <div class=\"vrpt-verify\">\r\n <p>I, Kalle Nagaraja Giri Prasad Sarma, the deponent above named, do hereby verify that the contents of the foregoing paragraphs are true and correct to the best of my knowledge, information and belief and are based upon the Court records, documents, communications, investor records, DFI publications, website material and other records available with me, and that nothing material has been deliberately suppressed.<\/p>\r\n <p>Wherever statements or allegations made by individual investors, founder members, trustees, former office bearers or other third parties are referred to herein, the same are stated as their respective representations and supporting documents and are placed for verification, investigation and adjudication by the competent authorities and Courts.<\/p>\r\n <p>References to findings or observations of the Hon’ble High Court are based upon the Common Judgment dated 05.05.2026 in Criminal Appeal Nos.1040 to 1047 of 2025.<\/p>\r\n <p>The Respondents do not seek through this Counter Affidavit to pronounce any person finally guilty of a criminal offence and all questions of individual criminal liability shall remain subject to investigation, trial and adjudication in accordance with law.<\/p>\r\n <\/div>\r\n\r\n <p class=\"vrpt-date-line\">Verified at Hyderabad on this ____ day of __________, 2026.<\/p>\r\n\r\n <div class=\"vrpt-signature\">\r\n <div class=\"line\"><\/div>\r\n <strong>DEPONENT<\/strong>\r\n <span>Kalle Nagaraja Giri Prasad Sarma<\/span>\r\n <span>Founder & Convenor, Victims Rights Protection Trust<\/span>\r\n <span>Respondent No.5<\/span>\r\n <\/div>\r\n\r\n <p class=\"vrpt-footer-note\">W.P. No.26667 of 2026 · Counter Affidavit on behalf of Respondent Nos. 4 to 6<\/p>\r\n\r\n<\/div>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0affa03 elementor-widget elementor-widget-image\" data-id=\"0affa03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"821\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-798x1024.jpeg\" class=\"attachment-large size-large wp-image-897\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-798x1024.jpeg 798w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-234x300.jpeg 234w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-768x985.jpeg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT-1197x1536.jpeg 1197w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/08\/CCS-LETTER-TO-VRPT.jpeg 1247w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd662df elementor-widget elementor-widget-html\" data-id=\"fd662df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n.gbwa-caf-wrap {\r\n\tmax-width: 900px;\r\n\tmargin: 30px auto;\r\n\tbackground: #FFFDF7;\r\n\tborder: 1px solid #E4CFA0;\r\n\tborder-radius: 10px;\r\n\tbox-shadow: 0 2px 14px rgba(58,44,26,0.08);\r\n\tpadding: 50px 55px;\r\n\tfont-family: Georgia, \"Times New Roman\", Times, serif;\r\n\tcolor: #2b2118;\r\n\tline-height: 1.85;\r\n\tbox-sizing: border-box;\r\n}\r\n.gbwa-caf-wrap * { box-sizing: border-box; }\r\n\r\n.gbwa-caf-header { text-align: center; margin-bottom: 10px; }\r\n.gbwa-caf-eyebrow {\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n\tfont-size: 12px;\r\n\tfont-weight: 700;\r\n\tletter-spacing: 3px;\r\n\ttext-transform: uppercase;\r\n\tcolor: #A6531A;\r\n\tmargin-bottom: 14px;\r\n}\r\n.gbwa-caf-title {\r\n\tfont-size: 28px;\r\n\tfont-weight: 700;\r\n\tletter-spacing: 2px;\r\n\ttext-transform: uppercase;\r\n\tcolor: #6b2b16;\r\n\tmargin: 0 0 10px;\r\n}\r\n.gbwa-caf-subtitle {\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n\tfont-size: 14px;\r\n\tfont-weight: 700;\r\n\tcolor: #7a5a30;\r\n\tletter-spacing: 0.5px;\r\n\tmargin-bottom: 22px;\r\n}\r\n.gbwa-caf-rule {\r\n\theight: 3px;\r\n\twidth: 120px;\r\n\tmargin: 0 auto 36px;\r\n\tbackground: linear-gradient(90deg, transparent, #C97A1E, transparent);\r\n}\r\n\r\n.gbwa-caf-body { font-size: 16.5px; }\r\n.gbwa-caf-para {\r\n\tdisplay: flex;\r\n\tgap: 14px;\r\n\tmargin-bottom: 22px;\r\n\ttext-align: justify;\r\n\ttext-justify: inter-word;\r\n}\r\n.gbwa-caf-num {\r\n\tflex: 0 0 auto;\r\n\tmin-width: 30px;\r\n\tfont-weight: 700;\r\n\tcolor: #A6531A;\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n}\r\n.gbwa-caf-text { flex: 1 1 auto; }\r\n.gbwa-caf-text q,\r\n.gbwa-caf-quote {\r\n\tfont-style: italic;\r\n\tcolor: #4a3820;\r\n}\r\n\r\n.gbwa-caf-divider {\r\n\tborder: none;\r\n\tborder-top: 1px dashed #E4CFA0;\r\n\tmargin: 40px 0;\r\n}\r\n\r\n.gbwa-caf-prayer {\r\n\tbackground: #FFF6E8;\r\n\tborder: 1px solid #EBD9B8;\r\n\tborder-radius: 8px;\r\n\tpadding: 22px 26px;\r\n\tmargin-top: 6px;\r\n}\r\n\r\n.gbwa-caf-signature {\r\n\tmargin-top: 56px;\r\n\ttext-align: right;\r\n\tpadding-top: 18px;\r\n\tborder-top: 1px solid #EBD9B8;\r\n}\r\n.gbwa-caf-sign-name {\r\n\tfont-family: -apple-system, \"Segoe UI\", Arial, sans-serif;\r\n\tfont-weight: 800;\r\n\tletter-spacing: 1.5px;\r\n\tfont-size: 16px;\r\n\tcolor: #2b2118;\r\n\ttext-transform: uppercase;\r\n}\r\n.gbwa-caf-sign-role {\r\n\tfont-style: italic;\r\n\tcolor: #7a5a30;\r\n\tmargin-top: 4px;\r\n}\r\n\r\n@media (max-width: 640px) {\r\n\t.gbwa-caf-wrap { padding: 28px 20px; }\r\n\t.gbwa-caf-title { font-size: 22px; }\r\n\t.gbwa-caf-body { font-size: 15.5px; }\r\n\t.gbwa-caf-para { gap: 10px; }\r\n}\r\n\r\n@media print {\r\n\t.gbwa-caf-wrap { box-shadow: none; border: none; }\r\n}\r\n<\/style>\r\n\r\n<div class=\"gbwa-caf-wrap\">\r\n\r\n\t<div class=\"gbwa-caf-header\">\r\n\t\t<div class=\"gbwa-caf-eyebrow\">Before the Hon'ble High Court<\/div>\r\n\t\t<h1 class=\"gbwa-caf-title\">Counter Affidavit<\/h1>\r\n\t\t<div class=\"gbwa-caf-subtitle\">W.P. No. 26667 of 2026<\/div>\r\n\t\t<div class=\"gbwa-caf-rule\"><\/div>\r\n\t<\/div>\r\n\r\n\t<div class=\"gbwa-caf-body\">\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">1.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">I respectfully submit that the following facts are placed before this Hon'ble Court as part of the present Counter Affidavit in order to demonstrate the manner in which the petitioner and the persons\/entities connected with it dealt with the monies collected from members in the name of various ventures, particularly the Vijayawada Venture, and thereafter sought to shift the liabilities of such investors to other ventures including Vizag, Kanchikacherla, Bangalore, Siddipet and Yadadri\/Yadagirigutta. The material documents reveal a continuing pattern of collection of substantial amounts from investors, issuance of receipts and assurances regarding allotment of plots, prolonged non-completion of the promised venture, offering unusually high interest\/refund commitments, and thereafter shifting the same investors and their financial claims from one venture to another without first conclusively settling the original venture.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">2.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Vijayawada Venture records are particularly significant. The Minutes of Meeting dated 25.10.2014 themselves disclose that considerable delay had already occurred in completion of the registration process. The Organisation attributed such delay to mutation requirements, production of pass books and title deeds, online entries, Samaikya Andhra agitation, strikes by employees, elections and increase in land prices after announcement of the proposed State Capital near Vijayawada. The Organisation further stated that it had acquired only about 18.12 acres of land and could not make further purchases. However, while substantial amounts had already been collected from members and plots had apparently been allotted, the said Minutes do not disclose complete survey numbers, registered document numbers, boundaries, title chain, approved layout particulars or member-wise correlation between the amount collected and a legally identifiable plot.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">3.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The seriousness of this omission is apparent from the questions raised by the members themselves during the 2014 meeting. The members specifically questioned why the land had not been purchased when the venture had already started about 2½ years earlier and, more importantly, “How the plots were allotted without land & approved Layout.” They also questioned why the land already purchased could not be allotted on a first-come-first-served basis and sought a written commitment concerning delivery of land after two years. Thus, the basic issue of collecting money and making plot allotments without complete land procurement and an approved layout was not raised for the first time subsequently by the victims; it was contemporaneously recorded in the Organisation's own Minutes in 2014.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">4.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">Instead of immediately furnishing complete title particulars and settling the members through registration of identifiable plots, the Organisation proposed multiple options. One such option was repayment of the amounts collected together with 24% simple interest to partly paid members and 36% simple interest to fully paid members from the date of cheque realisation. This proposal was recorded not only in the Minutes but was again repeated in the formal Vijayawada Venture Option Letter. The promise of 24% and 36% simple interest was therefore a written representation to the members and not merely an oral statement. Such extraordinarily high rates themselves require scrutiny as to whether the Organisation possessed the financial capacity to honour them, whether provision for such liabilities was reflected in the books of account, and whether such promises were used to retain investor confidence and discourage immediate withdrawal.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">5.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Minutes further record that the Executive Director assured the members that the Organisation would not go back from its commitment of promoting “Agraharams” and would not merely wash away its hands by refunding the money with interest. The Organisation preferred continuation-oriented options which would require another one to two years. It was further represented that the proposed layout would be extended from 32 acres to 50 acres within about 1½ to 2 years and that existing members would be allotted plots at the earlier agreed price, while enhanced rates would be collected from new entrants. The Organisation also represented that increase in land cost would be borne by it and that existing members would receive their plots at the agreed price. Accordingly, the investors were made to believe in 2014 that the problem was temporary and that the Vijayawada Venture would be completed within approximately two years.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">6.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">However, the communication dated 27.07.2021 issued in the name of Dharani Sheltors Pvt. Ltd. and signed by Dr. P. Kamalakara Sharma, Managing Director, demonstrates that the Vijayawada Venture remained unresolved even nearly seven years thereafter. A venture which was represented in 2014 as capable of being completed within 1½ to 2 years was still being described as pending in July 2021. The later communication introduced a new set of explanations, including that a broker had allegedly misguided the Organisation, land had been procured in piecemeal, road connectivity could not be secured, the broker had absconded, landowners did not honour their promises, COVID intervened, the earlier Executive Director Sri V.S. Rao had died, there was a change of Government in Andhra Pradesh, CRDA remained uncertain and surrounding lands had been acquired for weaker sections. The reasons offered in 2021 were therefore substantially different from the reasons recorded in 2014.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">7.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is respectfully submitted that the central issue is not merely whether one or more of those external circumstances existed. The fundamental issue is what happened to the investors' money and whether each amount collected can be correlated to a lawful asset or repayment. Irrespective of agitation, Government policy, brokers, landowners, COVID, change of management or litigation, the petitioner and the connected entities were required to maintain and produce a complete investor-wise financial and property trail showing the amount received, date of receipt, bank account into which it was credited, land purchased from such funds, survey number, registered sale deed, title holder, approved layout, plot allotted, registration completed and outstanding balance liability.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">8.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The 2014 Minutes further show that the members themselves suggested practical asset-based solutions. They proposed that the existing agricultural land be distributed proportionately, that layout approval be obtained for the existing land and proportionate plots be allotted, or alternatively that the land be sold and the money distributed proportionately among the members. The members were therefore asking for settlement against the asset which the Organisation itself claimed to have already purchased. Instead of conclusively closing the Vijayawada liability against such identified assets, the investors were offered the option of moving their money into other ventures.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">9.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The 2014 Option Letter itself reveals the beginning of this practice. An additional ninth option permitted transfer of the Vijayawada advance together with 36% interest for fully paid members and 24% interest for partly paid members towards allotment of a plot in the Vizag Venture. The Organisation represented that about 50 acres had been procured there, NALA permissions had been obtained and registrations would start within four months. Thus, as early as 2014, instead of finally settling the Vijayawada liability, an investor was being offered transfer of that liability to another venture. This requires examination as a possible rollover of investor liability from one project to another.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">10.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The pattern became much clearer in the communication dated 27.07.2021. Instead of completing the original Vijayawada obligation, the investors were offered several alternative ventures. They were offered Kanchikacherla at the same extent and rate, with additional extent at Rs.5,000\/- per square yard; Vizag with additional extent at Rs.6,000\/- per square yard; Bangalore at Devanahalli with only 50% of the Vijayawada extent converted into square feet and additional extent at Rs.1,500\/- per square foot; Yadadri\/Yadagirigutta with only 2\/3rd or 66.67% of the Vijayawada extent and additional extent at Rs.9,000\/- per square yard; and Siddipet at Ananthasagar with 200% extent of the Vijayawada venture. This is not merely a change in location. It involves revaluation of the original investment, alteration of promised extent, transfer of liability and the possibility of further collections from the same investors.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">11.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Yadadri\/Yadagirigutta option is particularly important. The 2021 communication expressly offered Vijayawada members accommodation in the Yadadri Venture at Yadagirigutta, but only to the extent of 66.67% of the Vijayawada extent, while prescribing Rs.9,000\/- per square yard for additional land. It also stated that ten members had already given their consent. Thus, there is a direct documentary link showing that investors originally brought into the Vijayawada Venture were subsequently invited to shift their investment liability to the Yadagirigutta Venture. The Vijayawada and Yadagirigutta transactions therefore cannot be treated as wholly unrelated wherever the same investor's money was carried forward from one venture to the other.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">12.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The sequence emerging from the documents therefore requires serious examination. Money was collected for Vijayawada; the venture remained incomplete; high interest was promised; the members were asked to continue waiting; alternate ventures were offered; the original liability was assigned a new valuation or extent; and the investors were invited to move into another project rather than first receiving either a registered plot in the original venture or complete repayment. Where further money was collected for additional extent in the substituted venture, the authorities must examine whether the process effectively converted an unresolved old liability into a fresh opportunity for further collection.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">13.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">Another highly significant contradiction concerns the rate of refund. In 2014, the Organisation offered 36% simple interest to fully paid members and 24% simple interest to partly paid members. By 27.07.2021, the refund option had been reduced to 10% simple interest, with a stated processing period of two to three months. There is no explanation in the documents presently available as to how a written commitment of 24%\/36% was reduced to 10% after the investors' money had remained with the Organisation for several additional years. There is also no material in the two communications demonstrating individual consent of all members, a settlement agreement, a Board Resolution or any contractual provision authorising such reduction. This substantial alteration requires investigation into whether the earlier unusually high interest assurance had been used as an inducement to retain the members within the venture.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">14.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The absence of complete property identification is another major concern. A receipt cannot by itself constitute ownership of immovable property. A venture name cannot substitute for a survey number. A tentative plot number cannot substitute for an approved layout. An assurance of future registration cannot substitute for a legally transferable title. Where substantial money is collected on the representation that a member will receive a plot, the Organisation must be capable of establishing the complete chain from the money received to the particular land purchased and finally to the registered plot delivered to that member.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">15.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The investor-wise forensic exercise must therefore follow the sequence: Receipt → Bank Credit → Ledger Entry → Land Purchase → Survey Number → Registered Title → Approved Layout → Plot Allotment → Registration. If any material link in this chain is absent, it is necessary to determine where the corresponding money was utilised and whether the amount was diverted, carried to another venture, adjusted against another liability or otherwise dealt with.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">16.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Organisation's own Minutes state that approximately 18.12 acres had already been purchased in connection with the Vijayawada Venture. The present status of this 18.12 acres is therefore critical. The exact survey numbers, sub-divisions, registered sale deed numbers, vendors, dates of purchase, consideration, source of purchase funds, present title holders, Encumbrance Certificates, subsequent sales, mortgages, third-party interests, Government acquisition and compensation, if any, must all be traced. If such land was purchased from investor funds, the fate of that asset directly affects the outstanding liability towards the members.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">17.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">This assumes further significance because, when the members raised the possibility of Government acquisition in 2014, the Organisation itself stated that if Government acquired the land, the compensation could be shared proportionately among all the members. The 2021 communication subsequently referred to Government acquisition of surrounding lands for weaker sections. It is therefore necessary to verify whether any land belonging to the Vijayawada Venture was actually acquired, whether any compensation was awarded, who received such compensation, into which account it was credited and whether any amount was distributed to the concerned investors.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">18.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The 2021 communication further represented that 25 members had accepted shifting to Kanchikacherla, 15 members had consented to Vizag and 10 members had consented to Yadadri. These are directly verifiable statements and the underlying documents must be produced. The concerned entities must produce the complete names of such members, original Vijayawada receipts, investment amounts, written consent letters, transfer statements, interest calculations, new allotment letters, additional amounts collected, ledger entries, survey numbers, plot numbers, registrations and present status. If such a complete chain does not exist, the claim that the investors were lawfully accommodated or shifted requires serious scrutiny.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">19.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The records also reveal a close functional connection between Dhanvantari Foundation International and Dharani Sheltors Pvt. Ltd. The 2014 Minutes state that plots were being allotted to members of DFI, while the Option Letter was addressed to the Executive Director of M\/s Dharani Sheltors Private Limited. The 2021 communication was again issued in the name of Dharani Sheltors Pvt. Ltd., while addressing the recipients as “Dhanwantarians”. The exact financial, managerial and operational relationship between DFI, Dharani Sheltors Pvt. Ltd., their trustees, directors and office bearers must therefore be examined.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">20.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is necessary to determine who approached and induced the investors, who issued the receipts, into whose bank accounts the money was deposited, which entity accounted for the funds, which entity purchased the land, in whose name the property stood, who issued allotment letters, who promised interest and refund, who authorised shifting between ventures, and which entity ultimately carries the outstanding liability. Without this exercise, the entities cannot be permitted to shift responsibility between DFI, Dharani Sheltors or individual office bearers.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">21.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The death of an earlier Executive Director or subsequent change in management cannot extinguish pre-existing liabilities towards investors. The books of account, investor ledgers, title documents, bank records, commitments and liabilities should continue with the concerned legal entities. Accordingly, all handover records, Board Minutes, audited accounts, member ledgers, receipt registers and digital accounting records must be secured and examined.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">22.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The material presently available therefore raises serious concerns regarding whether there existed a systematic practice of collecting money against proposed property allotments without complete identifiable land particulars, maintaining investor confidence by promising extraordinarily high returns or interest, allowing the original venture to remain unresolved for years, and thereafter transferring the investor's liability into another venture instead of first providing either a registered asset or complete repayment.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">23.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The matter cannot be reduced to a simple case of delay in a real-estate project. The issues include collection of money without complete identified property particulars, allotment of plots before complete land procurement and approval, repeated failure of timelines, alteration of promised refund terms, transfer of liabilities from one venture to another, alteration of extent and valuation during such transfer, contemplated collection of further amounts, and absence of a complete investor-wise reconciliation. These aspects require investigation as one continuous financial trail.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">24.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">In particular, where a Vijayawada member was moved to Yadagirigutta, the authorities must prepare a complete investor-wise statement showing the original Vijayawada investment, dates of payment, receipts, interest promised, total liability as on the date of shifting, value actually transferred to Yadagirigutta, extent promised there, additional amounts collected, survey number and title of the Yadagirigutta land, approved layout particulars, plot allotted, sale deed, possession, amounts repaid and present balance liability. The same exercise is required for investors shifted to Vizag, Kanchikacherla, Bangalore, Siddipet or any other connected venture.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">25.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is therefore necessary to conduct a forensic financial reconciliation of Total Investor Collections – Actual Land Purchases – Registered Plots Delivered – Amounts Refunded – Transfers Between Ventures – Additional Amounts Collected – Present Assets – Present Outstanding Investor Liability. Merely producing selected receipts, tentative allotment letters or isolated land documents will not establish proper utilisation of the entire corpus collected from the investors.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">26.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The decisive question is whether every rupee collected from an investor can ultimately be traced either to a specific legally identifiable and registered property delivered to that investor or to a complete lawful repayment. Where neither is demonstrated, the liability cannot disappear merely because the name or location of the proposed venture was subsequently changed.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">27.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">The Vijayawada records and the communication dated 27.07.2021 therefore constitute material documents demonstrating the necessity of examining the entire chain from Vijayawada to Vizag, Kanchikacherla, Bangalore, Yadadri\/Yadagirigutta, Siddipet and any further connected ventures. Wherever the same investor funds or liabilities were moved from one venture to another, they constitute interconnected transactions for the purpose of tracing money, assets and liability.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">28.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is respectfully submitted that explanations concerning brokers, landowners, Government policies, CRDA, litigation, COVID, change of Government or change of management cannot replace the obligation to produce complete accounts and property records. The petitioner and the connected entities must account for the money, identify the corresponding asset, disclose its present status and establish whether the investor ultimately received registration or repayment.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<hr class=\"gbwa-caf-divider\">\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">29.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">In the circumstances, it is respectfully submitted that while considering the relief sought by the petitioner in W.P. No.26667 of 2026, this Hon'ble Court may take into consideration the aforesaid documentary circumstances and the continuing investor liabilities and may not grant any discretionary or equitable relief without full disclosure and examination of the investor-wise collections, bank transactions, land particulars, title documents, venture transfers, additional collections, registrations, repayments and present assets.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-para\">\r\n\t\t\t<div class=\"gbwa-caf-num\">30.<\/div>\r\n\t\t\t<div class=\"gbwa-caf-text\">It is further respectfully submitted that all original records relating to the Vijayawada Venture, Yadadri\/Yadagirigutta Venture and other connected ventures, including receipts, member ledgers, bank statements, title deeds, survey particulars, consent letters, transfer calculations, Board Resolutions, audited accounts, digital records, accounting databases, subsequent alienations and encumbrances, are required to be preserved and examined by the competent authorities. Such examination is necessary to establish whether the investor liabilities were genuinely settled or were merely carried forward from one venture to another over a prolonged period.<\/div>\r\n\t\t<\/div>\r\n\r\n\t\t<div class=\"gbwa-caf-prayer\">\r\n\t\t\t<div class=\"gbwa-caf-para\" style=\"margin-bottom:0;\">\r\n\t\t\t\t<div class=\"gbwa-caf-num\">31.<\/div>\r\n\t\t\t\t<div class=\"gbwa-caf-text\">It is therefore respectfully prayed that the above facts may be taken on record as part of the Counter Affidavit in W.P. No.26667 of 2026 and that appropriate orders may be passed in accordance with law, keeping in view the necessity of tracing the complete money trail, preserving the assets corresponding to investor funds, examining the interconnected Vijayawada-to-Yadagirigutta and other venture transactions, and protecting the legitimate claims of the affected investors.<\/div>\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\r\n\t<\/div>\r\n\r\n\t<div class=\"gbwa-caf-signature\">\r\n\t\t<div class=\"gbwa-caf-sign-name\">Giri Prasad Sarma<\/div>\r\n\t\t<div class=\"gbwa-caf-sign-role\">Convenor<\/div>\r\n\t<\/div>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-870c305 elementor-widget elementor-widget-text-editor\" data-id=\"870c305\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Drafted by GPS<\/span><\/p><p><span style=\"color: #000000;\">IN THE HIGH COURT FOR THE STATE OF TELANGANA<\/span><br \/><span style=\"color: #000000;\">AT HYDERABAD<\/span><\/p><p><span style=\"color: #000000;\">W.P. No. ______ OF 2026<\/span><\/p><p><span style=\"color: #000000;\">BETWEEN:<\/span><\/p><ol><li><span style=\"color: #000000;\">Dhanwantri Foundation International (DFI),<\/span><br \/><span style=\"color: #000000;\">Represented by Dr. P. Kamalakar Sharma,<\/span><br \/><span style=\"color: #000000;\">Office at H.No.2-3-693\/4, Old H.No.2-3-693,<\/span><br \/><span style=\"color: #000000;\">Vaddera Basthi, Bagh Amberpet, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">DFI Infra Projects Private Limited,<\/span><br \/><span style=\"color: #000000;\">Represented by Dr. P. Kamalakar Sharma,<\/span><br \/><span style=\"color: #000000;\">Office at H.No.2-3-693\/4, Old H.No.2-3-693,<\/span><br \/><span style=\"color: #000000;\">Vaddera Basthi, Bagh Amberpet, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">Pantangi Kamalakara Sharma<\/span><\/li><li><span style=\"color: #000000;\">Pantangi Jayasree Sharma<\/span><\/li><\/ol><p><span style=\"color: #000000;\">\u2026Petitioners<\/span><\/p><p><span style=\"color: #000000;\">AND<\/span><\/p><ol><li><span style=\"color: #000000;\">The State of Telangana,<\/span><br \/><span style=\"color: #000000;\">Represented by its Principal Secretary,<\/span><br \/><span style=\"color: #000000;\">Home Department, Secretariat, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">The Commissioner of Police,<\/span><br \/><span style=\"color: #000000;\">Hyderabad City, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">The Deputy Commissioner of Police,<\/span><br \/><span style=\"color: #000000;\">Crimes\/Economic Offences Wing,<\/span><br \/><span style=\"color: #000000;\">Central Crime Station, Detective Department, Hyderabad.<\/span><\/li><li><span style=\"color: #000000;\">The Assistant Commissioner of Police,<\/span><br \/><span style=\"color: #000000;\">Economic Offences Wing, Team\u2013VI,<\/span><br \/><span style=\"color: #000000;\">Central Crime Station, Detective Department, Hyderabad.<\/span><\/li><\/ol><p><span style=\"color: #000000;\">\u2026Respondents<\/span><\/p><p><span style=\"color: #000000;\">COUNTER AFFIDAVIT FILED ON BEHALF OF RESPONDENT NOS.2 TO 4<\/span><\/p><p><span style=\"color: #000000;\">I, ____________________________, S\/o. ____________________________, aged about ___ years, presently working as Deputy Commissioner of Police, Crimes\/Economic Offences Wing, Central Crime Station, Detective Department, Hyderabad, being duly authorised and well acquainted with the facts and circumstances of the case from the official records, investigation papers and case diary in Crime No.358 of 2023, do hereby solemnly affirm and state as follows:<\/span><\/p><ol><li><span style=\"color: #000000;\">I submit that I am the deponent herein and am competent and duly authorised to file this Counter Affidavit on behalf of Respondent Nos.2 to 4. I have perused the affidavit filed in support of the present writ petition, the documents enclosed thereto and the official records pertaining to Crime No.358 of 2023 of EOW Team\u2013VI, CCS, DD, Hyderabad. Except those averments specifically admitted herein, all other averments, allegations, contentions and inferences made by the petitioners are denied as false, misleading and contrary to the investigation record. The petitioners are put to strict proof of the same.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the present writ petition is misconceived, premature and liable to be dismissed. The writ petition has been filed with the apparent object of obstructing, delaying and frustrating a lawful investigation into a serious economic offence involving the collection of substantial amounts from numerous investors, failure to repay principal and promised returns, failure to register plots as assured, diversion and intermingling of investor funds and acquisition or alienation of properties through various interrelated entities and persons operating under the common identity of Dhanwantri Foundation International or \u201cDFI\u201d.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners are attempting to portray the impugned proceedings as a simple dispute concerning possession of an allegedly private property. The investigation, however, concerns not merely the name appearing in the title deed, but also the source of the purchase consideration, beneficial ownership, utilisation of the premises, source of loan repayments, flow of investors\u2019 funds, common control of the Trust and associated companies, storage of DFI records in the premises and the nexus between the property and the offences under investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that Crime No.358 of 2023 was registered on 23.12.2023 by EOW Team\u2013VI, CCS, DD, Hyderabad, for the offences punishable under Sections 406 and 420 read with Section 34 of the Indian Penal Code and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, on the basis of a complaint alleging that Dhanwantri Foundation International and its associated companies collected deposits and investments from members of the public by promising returns and registration of plots, but failed to fulfil the said assurances.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners themselves have admitted in their writ affidavit the registration of Crime No.358 of 2023 and the allegation that Dhanwantri Foundation International and its associated entities, including DFI Ventures Limited, Dharani Shelters Private Limited, DFI Nirmaan Private Limited, DFI Hospitals Private Limited, DFI IT Solutions Private Limited and DFI Srujana Private Limited, collected amounts from members of the public by promising returns and registration of plots.<\/span><\/li><li><span style=\"color: #000000;\">I submit that during the course of investigation, Accused No.__, namely Dr. Pantangi Kamalakara Sharma, was arrested on __________ and was produced before the jurisdictional Court and remanded to judicial custody in accordance with law. The complete particulars relating to his arrest, remand, interrogation, recoveries, bail conditions and subsequent investigation are borne out by the official records and shall be placed before this Hon\u2019ble Court as and when required.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation conducted so far has prima facie disclosed that Dhanwantri Foundation International, the Trust, its associated companies and the persons controlling them operated through a common identity, common management, common office, common logo, common promotional material and interconnected financial and administrative arrangements. The accused cannot be permitted to use the common identity of \u201cDFI\u201d for collecting money from investors and thereafter rely upon the separate legal personality of the Trust, companies and individuals to avoid investigation and accountability.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the contention of the petitioners that Petitioner No.1 Trust never borrowed or received money from any individual is prima facie contradicted by the written communication issued by Dr. Pantangi Kamalakara Sharma himself under the letterhead of Dhanwantri Foundation International, bearing Ref. No.DFI\/2024\/001, dated 22.05.2024, addressed to \u201cDear Investor\/s\u201d.<\/span><\/li><li><span style=\"color: #000000;\">I submit that in the said communication dated 22.05.2024, Dr. Pantangi Kamalakara Sharma expressly admitted that since 2008, DFI had received considerable amounts of investments from various members. He further stated that the main objective was to acquire and develop lands, provide developed lands to members of the Brahmin community at reasonable prices and provide good returns on the investments made by community investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the said communication further admitted that, for a period of about fourteen years up to 2022, DFI was allegedly able to meet the expectations of investors and return their investments on demand. The use of the expressions \u201cinvestments\u201d, \u201creturns\u201d, \u201cprincipal\u201d, \u201cinterest\u201d, \u201cpayments\u201d and \u201cinvestors\u201d in the accused\u2019s own communication is directly relevant to the nature of the transactions under investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that in the writ affidavit, the petitioners have taken a wholly inconsistent stand that Petitioner No.1 Trust never borrowed money from any individual or individuals and that the Trust is completely distinct from the associated companies. However, in the communication dated 22.05.2024, the third petitioner himself admitted that DFI received considerable investments, promised returns, returned investments on demand until 2022 and subsequently failed to service investors\u2019 principal and interest amounts.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the aforesaid stands are mutually destructive. The petitioners cannot address members of the public as investors, admit receipt of investments, acknowledge principal and interest liabilities, propose repayment through sale of DFI assets and thereafter contend before this Hon\u2019ble Court that the Trust never received or borrowed money from individuals.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused repeatedly used the collective expression \u201cDFI\u201d while communicating with investors without clearly identifying whether the amounts were received by the Trust, a private limited company, an associated entity, an individual or a project-specific concern. The interchangeable use of the common name \u201cDFI\u201d requires a detailed investigation into the actual recipient of every investment, the bank account into which the amount was deposited, the entity in whose books the amount was recorded and the ultimate utilisation and diversion of such funds.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the exact entity-wise collection and utilisation of funds can be established only through a comprehensive forensic examination of bank accounts, ledgers, books of accounts, investor application forms, receipts, agreements, memoranda of understanding, property documents, income-tax records, GST records, electronic communications, digital devices and inter-company or related-party transactions.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused also represented the proposed super-speciality hospital as a DFI institutional project. In the communication dated 22.05.2024, it was stated that DFI had decided to establish a super-speciality hospital for regular revenue generation and that the income generated from the hospital would support DFI\u2019s community-development activities.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused further stated that DFI had procured approximately 2,500 square yards of land near Amberpet, Hyderabad, in the year 2020, that the foundation was laid in May 2021 and that the hospital was proposed to be completed and made operational. Therefore, the hospital project was projected to the investors as a project belonging to or connected with DFI and intended to generate income for DFI.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused cannot now seek to separate the hospital, the hospital property, the DFI office, the associated companies and the persons controlling them without permitting the investigating agency to examine the source of funds, beneficial ownership, inter-company transactions and representations made to the investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation has also received material indicating that the accused repeatedly publicised the DFI hospital project through the magazine known as \u201cDhanwantari Vani\u201d over a considerable period. Through the said magazine and other promotional material, the hospital project and other DFI ventures were represented as institutional assets and revenue-generating projects of DFI.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the said publications were allegedly used to create confidence among members and investors and to induce them to contribute or invest further amounts on the assurance that the hospital and other DFI projects would generate regular income and enable DFI to fulfil its commitments. The relevant original issues, publication dates, authorship, circulation and contents of the magazine are being verified and shall be produced before this Hon\u2019ble Court in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">I submit that in the communication dated 22.05.2024, the accused attempted to attribute the failure to repay investors to the registration of the FIR and freezing of DFI bank accounts. The said explanation is misleading. The criminal case was registered only after complaints arose regarding failure to pay principal and interest and failure to honour the representations and assurances made to the investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation and freezing of accounts were consequences of the complaints and material placed before the investigating agency. The accused cannot first default in discharging their obligations, cause investors to lodge complaints and thereafter contend that the investigation itself was the cause of their failure to repay the investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the communication dated 22.05.2024 specifically refers to the inability of DFI to service investors\u2019 principal and interest amounts. The said admission is material and contradicts the attempt to portray the transactions as mere charitable contributions, community membership payments or simple agreements for purchase of plots.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused, in the same communication, proposed the following road map for repayment to investors: obtaining removal of the holds over assets and defreezing of bank accounts, selling the assets of DFI and scheduling and disbursing the sale proceeds to investors. The said proposal constitutes a prima facie admission that the assets treated and represented as DFI assets were intended to be utilised for discharge of investor liabilities.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused cannot now resist preservation, investigation, attachment or lawful control of the properties associated with DFI merely by asserting that the title stands in the name of a particular individual, Trust or company. The source of funds used for acquisition, construction, maintenance and repayment of loans over such properties is required to be independently established.<\/span><\/li><li><span style=\"color: #000000;\">I submit that based on the material collected during investigation, the Government of Telangana issued an ad-interim order under the Telangana Protection of Depositors of Financial Establishments Act for attachment of immovable properties acquired by DFI, its associated entities and persons controlling them.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the Competent Authority thereafter filed Criminal M.P. No.126 of 2024 in Crime No.358 of 2023 before the learned Sessions Judge, Hyderabad, seeking to make the ad-interim attachment absolute. The learned Sessions Judge, Hyderabad, by order dated 29.08.2025, made the attachment orders absolute.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners and associated parties challenged the said order before this Hon\u2019ble Court by filing Criminal Appeal Nos.1040, 1041, 1042, 1043, 1044, 1045, 1046 and 1047 of 2025. This Hon\u2019ble Court, by common judgment dated 05.05.2026, confirmed the attachment orders passed by the learned Sessions Judge and dismissed or disposed of the appeals in accordance with the said judgment.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the present writ petition cannot be permitted to operate as an indirect proceeding to neutralise, frustrate or delay the implementation of attachment proceedings that have already been confirmed by the competent Court and this Hon\u2019ble Court.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have stated that they are taking steps to file a Special Leave Petition before the Hon\u2019ble Supreme Court of India. A mere intention or proposal to file a Special Leave Petition does not create an automatic stay or render the existing judicial orders inoperative. In the absence of a specific stay order from the Hon\u2019ble Supreme Court, the respondents are legally bound to continue the investigation and take all lawful consequential steps.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners claim that the premises bearing H.No.2-3-693\/4, Old H.No.2-3-693, situated at Vaddera Basthi, Bagh Amberpet, Hyderabad, is the personal property of Petitioner Nos.3 and 4 and that it was purchased on 24.04.2023 under a registered sale deed.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have further admitted that Petitioner Nos.3 and 4 obtained finance or a housing loan from Clix Capital Services Private Limited, formerly known as GE Money Financial Services Private Limited, by depositing or mortgaging the title deeds relating to the said Amberpet property.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the admission regarding private finance does not establish that the entire purchase consideration was paid from the legitimate personal income of Petitioner Nos.3 and 4. It also does not exclude the property from investigation into the source and utilisation of investors\u2019 funds.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigating agency is required to examine the total purchase consideration, amount financed by the lender, margin money paid by the purchasers, source of such margin money, bank account from which the amount was paid, disbursement made by the financial institution, repayment of loan instalments and the source of each such repayment.<\/span><\/li><li><span style=\"color: #000000;\">I submit that it is also necessary to examine whether any amount received from investors, DFI, the Trust, the associated companies, directors, trustees, relatives or related entities was directly or indirectly utilised towards purchase of the Amberpet property, payment of margin money, discharge of loan instalments, construction, renovation, maintenance or improvement of the premises.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the complete loan application, sanction letter, valuation report, disbursement particulars, bank statements, repayment schedule, mortgage papers, KYC documents and source-account particulars relating to the alleged private finance are therefore relevant and necessary for the investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the alleged mortgage in favour of a private finance company does not confer immunity from lawful investigation. It is necessary to verify whether the loan was genuine, fully disbursed and contemporaneous with the sale transaction and whether the mortgage or encumbrance was created for a legitimate purpose or to give the property an appearance of third-party financial interest.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the property is stated to have been purchased on 24.04.2023, after DFI had admittedly collected investments from members for several years and only a few months before registration of Crime No.358 of 2023 on 23.12.2023. The timing of the purchase, the source of purchase consideration and the subsequent utilisation of the property by DFI entities are material circumstances requiring investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the respondents have not prejudged the title to the Amberpet property. The investigation is intended to ascertain the source of acquisition, beneficial ownership, nature of possession, utilisation of the premises, source of loan repayments and nexus, if any, with the amounts collected from investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners themselves admit that Petitioner Nos.1 and 2, namely Dhanwantri Foundation International and DFI Infra Projects Private Limited, are functioning from the Amberpet premises. Therefore, the contention that the premises are wholly unrelated to DFI or its associated entities is prima facie untenable.<\/span><\/li><li><span style=\"color: #000000;\">I submit that even assuming that the registered title stands in the names of Petitioner Nos.3 and 4, the admitted use of the premises as the administrative office of DFI and DFI Infra Projects Private Limited creates a clear and direct nexus between the property and the entities under investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that a search-cum-seizure panchanama was conducted on 21.09.2024 at the said Amberpet premises. During the search, original documents pertaining to the Trust, several application forms of members and investors, one laptop, office files and material containing information relating to DFI and its directors were found and seized in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners themselves have admitted in their writ affidavit that original Trust records, application forms of members, a laptop and office files were seized from the Amberpet premises. The said admission establishes that the premises were being used for the administrative and financial activities of the entities under investigation and were not merely an unrelated personal residence.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the presence of original Trust documents, investor application forms, electronic devices and office records at the premises provides a lawful and rational basis for further inspection, preservation of evidence, forensic examination and issuance of notices by the investigating agency.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the notice dated 07.07.2026 was issued during the course of investigation for lawful purposes, including securing relevant documents, records, investor data, property documents and electronic material, preventing destruction or concealment of evidence and protecting the interests of depositors and victims.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the said notice and connected proceedings required production of the complete investor database, individual investor account statements, ledger books, accounting records, original sale deeds, memoranda of understanding, agreements, contracts, powers of attorney, mortgage documents, development agreements, revenue records, company records and Trust records.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the nature of the documents sought establishes the necessity of tracing the full money trail, reconciling investor liabilities, identifying assets acquired through investor funds and verifying ownership, encumbrances, transfers and alienations of properties.<\/span><\/li><li><span style=\"color: #000000;\">I submit that complete entity-wise, account-wise and investor-wise records have not been produced in a consolidated, reconciled and verifiable manner. The investigating agency is required to ascertain the total number of investors, amount collected from each investor, entity and bank account receiving each amount, returns promised, principal and interest paid, amounts outstanding and assets acquired from the amounts collected.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused are also required to disclose transfers between DFI entities, payments made to directors, trustees, their relatives and associated persons, acquisition of properties in individual or related-party names and sale or encumbrance of properties after receipt of investments and after commencement of criminal proceedings.<\/span><\/li><li><span style=\"color: #000000;\">I submit that until the aforesaid reconciliation and forensic examination are completed, any order restraining access to the Amberpet office or allowing the petitioners to continue unrestricted control over the records and electronic devices would seriously prejudice the investigation and the interests of the genuine victims.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the respondents do not dispute the general principle that a Trust, company and individual may possess separate legal identities. However, such separate legal identities cannot be used as a shield to prevent investigation into common control, common management, common branding, common office, common representations, intermingling of funds, beneficial ownership and diversion of public money.<\/span><\/li><li><span style=\"color: #000000;\">I submit that where several entities are controlled by substantially the same persons and operated under the common name and logo of DFI, the investigating agency is legally obligated to examine the complete financial trail across the Trust, companies, directors, trustees, associated persons and related entities.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners cannot insist that the police accept their unilateral classification of properties and transactions without verification, particularly when the accused himself used the common name \u201cDFI\u201d while communicating with investors and admitting receipt of investments and liability to repay principal and interest.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners claim that the Amberpet premises are being used as an administrative office for addressing and clarifying investors\u2019 concerns. The very same assertion makes preservation and lawful supervision of the premises necessary, as investor records, electronic devices, account statements, original documents and evidence relevant to the investigation are admittedly stored or handled therein.<\/span><\/li><li><span style=\"color: #000000;\">I submit that unrestricted operation of the said office by the accused creates a reasonable apprehension of removal, alteration, substitution, suppression or destruction of physical and digital evidence. There is also a possibility of investors being asked to execute consent forms, settlement documents or declarations that may adversely affect the investigation or the rights of other genuine victims.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the accused cannot claim an unrestricted right to operate an office connected with the alleged offences while failing to produce complete and reconciled records before the investigating agency.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the allegation made by the petitioners that the police have not filed the charge sheet because they know that Petitioner No.1 Trust never borrowed money is false, reckless, defamatory and specifically denied.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the investigation involves a large number of investors, several DFI entities, numerous bank accounts, immovable properties located in different districts and States, extensive digital evidence, inter-company transactions, related-party transfers and allegations of subsequent alienation of properties. The time required for collection, verification and analysis of voluminous evidence cannot be treated as an admission of innocence.<\/span><\/li><li><span style=\"color: #000000;\">I submit that material has also been brought to the notice of the investigating agency regarding sale, transfer or alienation of properties allegedly connected with investors\u2019 funds during the pendency of the criminal and attachment proceedings.<\/span><\/li><li><span style=\"color: #000000;\">I submit that documents and representations have been received concerning properties situated at Gundaram Village, Bejjanki Mandal, Siddipet District, including allegations that certain properties were recently sold or transferred by the accused or persons connected with them. The document numbers, dates, vendors, purchasers, consideration, source of title and nexus with investor funds are under verification.<\/span><\/li><li><span style=\"color: #000000;\">I submit that if the official records disclose that any property was sold, transferred or encumbered in violation of attachment orders, restraint orders, statutory provisions or bail conditions, appropriate legal action shall be initiated against all persons responsible, in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the written communication dated 22.05.2024 is a relevant and material admission as it was issued by the third petitioner after registration of the FIR and was intended to persuade investors to continue waiting for repayment.<\/span><\/li><li><span style=\"color: #000000;\">I submit that through the said communication, the accused acknowledged receipt of investments, commitments regarding returns, liability relating to principal and interest, inability to make payments, investigation and hold over DFI assets and the proposal to sell DFI assets for repayment to investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the subsequent stand in the writ petition that the Trust never received money and that all entities and properties are entirely separate is prima facie an afterthought intended to avoid the consequences of investigation, attachment and recovery proceedings.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have not approached this Hon\u2019ble Court with complete candour and clean hands. While relying upon formal title documents and the plea of separate legal identity, they have not satisfactorily explained the admissions made in the communication dated 22.05.2024 and the promotional representations made through Dhanwantari Vani magazine and other DFI publications.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have also failed to explain why DFI admitted receiving investments, why it promised returns, why it referred to principal and interest, why it proposed sale of DFI assets for repayment, why the Amberpet premises were used by DFI entities and why original Trust and investor records were found in the allegedly personal premises.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have further failed to disclose the complete source of the purchase consideration for the Amberpet property, source of the margin contribution, source of repayment of the alleged private finance and the financial relationship between the hospital project, DFI, its associated companies and the amounts received from investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the allegation of mala fides against Respondent No.4 is false and emphatically denied. The notice and proceedings were initiated bona fide in discharge of statutory and investigative duties based upon the material collected in Crime No.358 of 2023, attachment proceedings, judicial orders and the necessity of preserving evidence and protecting the interests of investors.<\/span><\/li><li><span style=\"color: #000000;\">I submit that Respondent No.4 has no personal animosity against the petitioners and has acted strictly in the course of official duties. The allegation of violation of Articles 14 and 21 of the Constitution is misconceived and is made only to create an artificial constitutional dispute out of a lawful criminal investigation.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the present matter concerns the rights and life savings of a large number of investors and depositors who allegedly parted with their money on the basis of representations and assurances made by DFI and the persons controlling it.<\/span><\/li><li><span style=\"color: #000000;\">I submit that any order preventing inspection of the office, restricting access to records or permitting uncontrolled continuation of activities from the Amberpet premises may result in loss of evidence, further alienation of assets and serious prejudice to the genuine victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 1 of the writ affidavit, I submit that the description of the petitioners is a matter of record. All other allegations and inferences inconsistent with this Counter Affidavit are denied.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 2 of the writ affidavit, I submit that the allegation that the notice dated 07.07.2026 is illegal, unconstitutional or without jurisdiction is false and denied. The notice was issued during the course of a lawful investigation and for the purpose of securing records, assets and evidence connected with Crime No.358 of 2023.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 3 of the writ affidavit, the registration of Crime No.358 of 2023 on 23.12.2023 is admitted. The petitioners\u2019 self-serving interpretation of the allegations is denied. The investigation concerns collection of deposits and investments, promises of returns and plots, failure to repay, diversion of funds and the role of DFI and its associated entities.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 4 to 8 of the writ affidavit, I submit that the Government attachment order, proceedings before the learned Sessions Judge and common judgment of this Hon\u2019ble Court are matters of record. The attachment was made absolute by the learned Sessions Judge and confirmed by this Hon\u2019ble Court. The petitioners cannot dilute or circumvent the said orders through the present writ petition.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 9 of the writ affidavit, I submit that the petitioners\u2019 intention to file a Special Leave Petition does not create an automatic stay. In the absence of a specific stay order from the Hon\u2019ble Supreme Court, the existing orders continue to operate and the respondents are entitled and obligated to proceed in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 10 and 11 of the writ affidavit, I submit that the claim that the Amberpet premises are purely personal property is denied insofar as the petitioners seek to exclude the premises from investigation. The admitted use of the premises by DFI and DFI Infra Projects Private Limited and the recovery of DFI records from the premises establish a direct investigative nexus.<\/span><\/li><li><span style=\"color: #000000;\">I further submit in reply to paragraph 11 that the alleged loan from Clix Capital Services Private Limited requires verification of the complete loan file, sanction, disbursement, borrowers\u2019 contribution, repayment trail and source of each payment. The existence of such finance does not prevent investigation into the source of funds used to acquire or maintain the property.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 12 and 13 of the writ affidavit, the allegations that the respondents acted without authority or threatened unlawful dispossession are denied. The respondents acted in furtherance of the investigation, preservation of evidence and implementation of lawful orders.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 14 of the writ affidavit, it is admitted to the extent borne out by the official search proceedings that original Trust records, member and investor application forms, a laptop and office files were found and seized from the Amberpet premises. The said recovery supports the case of the respondents that the premises are directly connected with DFI and its associated entities.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 15 of the writ affidavit, the assertion that the police have not filed the charge sheet because the Trust never borrowed money is wholly false and denied. The petitioners\u2019 own communications to investors contradict the said assertion. The investigation into the complete money trail and role of each entity is in progress.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 16 of the writ affidavit, the allegations are denied. The petitioners have selectively interpreted the notice and proceedings. The respondents crave leave to produce the original notice, investigation papers, case diary and relevant judicial orders before this Hon\u2019ble Court.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraph 17 of the writ affidavit, the allegation that 375 investors have opposed the auction is not admitted and the petitioners are put to strict proof thereof. In any event, private representations or consent forms allegedly obtained from selected persons cannot override statutory attachment proceedings or the rights of all genuine victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 18 to 20 of the writ affidavit, the allegations are denied. The respondents are legally obligated to secure and preserve evidence and prevent frustration of the investigation. Merely describing the premises as an investor-service or administrative office does not place it beyond lawful investigative control.<\/span><\/li><li><span style=\"color: #000000;\">In reply to paragraphs 21 to 24 of the writ affidavit, the allegations of mala fides, arbitrariness and violation of Articles 14 and 21 are false and denied. The action was based on relevant material, undertaken in public interest and strictly connected with the investigation in Crime No.358 of 2023.<\/span><\/li><li><span style=\"color: #000000;\">I submit that the petitioners have not made out any legal or factual ground for interference by this Hon\u2019ble Court under Article 226 of the Constitution of India. Grant of interim protection would seriously prejudice the investigation, preservation of evidence, recovery of assets and rights of genuine investors.<\/span><\/li><\/ol><p><span style=\"color: #000000;\">PRAYER<\/span><\/p><p><span style=\"color: #000000;\">In the above facts and circumstances, it is most respectfully prayed that this Hon\u2019ble Court may be pleased to dismiss the writ petition as being devoid of merit, premature and intended to obstruct the investigation in Crime No.358 of 2023; vacate any interim or ex parte order, if granted in favour of the petitioners; permit the respondents to continue the investigation, including inspection, search, seizure, preservation and forensic examination of records, documents, properties and electronic devices strictly in accordance with law; direct the petitioners to produce the complete investor database, individual investor statements, ledgers, bank-account records, original title documents, mortgage records, agreements, company records, Trust records and digital evidence sought by the investigating agency; direct the petitioners not to alienate, transfer, encumber or create any third-party interest in any property connected with DFI, its Trust, companies, directors, trustees or associated entities except with the permission of the competent Court; direct the petitioners to preserve the Amberpet premises and all physical and digital evidence situated therein and not to remove, destroy, alter or conceal any record; permit the respondents to obtain from Clix Capital Services Private Limited the complete loan application, sanction file, valuation report, disbursement particulars, mortgage documents, repayment statement, KYC documents and source-account details relating to the Amberpet property; and pass such other order or orders as this Hon\u2019ble Court may deem fit and proper in the interests of justice, effective investigation, preservation and recovery of assets and protection of the rights of genuine victims and depositors.<\/span><\/p><p><span style=\"color: #000000;\">VERIFICATION<\/span><\/p><p><span style=\"color: #000000;\">I, ____________________________, the deponent above named, do hereby verify that the contents of paragraphs 1 to 85 are based upon the official records, investigation papers, case diary and information received during the course of investigation and are true and correct to the best of my knowledge, information and belief. The legal submissions made herein are based upon legal advice received and believed to be correct. No material fact has been deliberately suppressed.<\/span><\/p><p><span style=\"color: #000000;\">Verified at Hyderabad on this ___ day of __________, 2026.<\/span><\/p><p><span style=\"color: #000000;\">DEPONENT<\/span><\/p><p><span style=\"color: #000000;\">Solemnly affirmed and signed before me on this ___ day of __________, 2026, at Hyderabad.<\/span><\/p><p><span style=\"color: #000000;\">BEFORE ME<\/span><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5a82f78 e-flex e-con-boxed e-con e-parent\" data-id=\"5a82f78\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f1239c elementor-widget elementor-widget-html\" data-id=\"4f1239c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<div style=\"text-align:center; margin:25px 0;\">\r\n\r\n<h2>\ud83d\udcc4 \u0c28\u0c3f\u0c02\u0c26\u0c3f\u0c24\u0c41\u0c32\u0c41 \u0c26\u0c3e\u0c16\u0c32\u0c41 \u0c1a\u0c47\u0c38\u0c3f\u0c28 \u0c15\u0c4a\u0c24\u0c4d\u0c24 \u0c30\u0c3f\u0c1f\u0c4d \u0c2a\u0c3f\u0c1f\u0c3f\u0c37\u0c28\u0c4d\u200c<\/h2>\r\n\r\n<p>Click below to view the complete Court Document.<\/p>\r\n\r\n<a href=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/KAMALAKAR-NOTICE-REPLY-IN-COURT.pdf\"\r\ntarget=\"_blank\"\r\nstyle=\"display:inline-block;\r\npadding:14px 30px;\r\nbackground:#0056b3;\r\ncolor:#fff;\r\ntext-decoration:none;\r\nborder-radius:6px;\r\nfont-size:18px;\r\nfont-weight:bold;\">\r\n\ud83d\udcc4 VIEW COURT DOCUMENT\r\n<\/a>\r\n\r\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f438e8c elementor-widget elementor-widget-text-editor\" data-id=\"f438e8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li><h1><span style=\"color: #000000;\">IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD<\/span><\/h1><h2><span style=\"color: #000000;\">I.A. No. ____ of 2026<\/span><\/h2><h3><span style=\"color: #000000;\">In<\/span><\/h3><h2><span style=\"color: #000000;\">W.P. No. ____ of 2026<\/span><\/h2><h3><span style=\"color: #000000;\">AFFIDAVIT<\/span><\/h3><p><span style=\"color: #000000;\">I, <strong>Sri Kalle Nagaraja Giri Prasad<\/strong>, S\/o Kalle Nagaraja Sarma, aged about 55 years, Occupation: Convenor, Founder and Authorised Representative of the <strong>Victims Rights Protection Trust<\/strong>, Registration No.209\/2025, having its registered office at D.No.3-4-1005\/6, Dantupalli\u00a0 Chambers, 5th Floor, Barkatpura, Hyderabad, do hereby solemnly affirm and state as follows:<\/span><\/p><ol><li><span style=\"color: #000000;\">I am the proposed implead petitioner and the Founder as well as the Authorised Representative of the Victims Rights Protection Trust, a registered Trust bearing Registration No.209\/2025. I am fully acquainted with the facts and circumstances of the present case and am duly authorised to swear this affidavit on behalf of the Trust. The Trust represents and safeguards the interests of more than <strong>1,198 victims and depositors<\/strong> who have been adversely affected by the activities of <strong>Dhanwantri Foundation International (DFI)<\/strong> and its associated entities. In the discharge of its responsibilities, the Trust has been collecting, preserving and submitting victims’ statements, receipts, bank transaction records, company documents, property-related information and other material evidence before the investigating authorities to facilitate a fair, complete and effective investigation.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust, along with another affected depositor, has already instituted <strong>W.P. No.17816 of 2026<\/strong> before this Hon’ble Court against the State of Telangana, the Director General of Police, the Commissioner of Police, the Deputy Commissioner of Police, CCS, Hyderabad, Dhanwantri Foundation International, Dr. Patangi Kamalakar Sharma and other persons associated with the affairs of DFI. In the said writ petition, this Hon’ble Court has been requested to issue appropriate directions for identifying, tracing, freezing, attaching and securing all movable and immovable properties, bank accounts, investments, proceeds of crime and benami assets allegedly belonging to the accused persons, their associates, agents and benamidars so that the same may ultimately be utilised for compensating the genuine victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">More particularly, in W.P. No.17816 of 2026, the petitioners have specifically sought directions for the immediate sealing and seizure of the DFI office situated at Amberpet, Hyderabad, together with all mobile phones, computers, laptops, electronic gadgets, digital storage devices, financial records, investor applications, receipt books, title documents and every other material connected with the alleged fraudulent activities. The writ petition further seeks comprehensive searches, inspections and raids at the residences, offices and benami premises of the accused persons, their associates, agents and other individuals connected with the fraudulent transactions so as to preserve valuable evidence and prevent its destruction, concealment or manipulation.<\/span><\/li><li><span style=\"color: #000000;\">The said writ petition also seeks a direction for conducting a Government-supervised public e-auction of all properties attached or seized in connection with the alleged offences committed by the accused persons and their benamidars. It has further been prayed that the entire sale proceeds be deposited into a designated Government account under the supervision of this Hon’ble Court and thereafter distributed equitably among the genuine victims and depositors together with their principal investments, accrued interest, compensation and such other lawful entitlements as may be determined in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">On <strong>12-06-2026<\/strong>, this Hon’ble Court was pleased to issue <strong>Notice Before Admission<\/strong> in W.P. No.17816 of 2026. The learned Assistant Government Pleader for Home accepted notice on behalf of respondent Nos.1 to 4 and sought time to obtain instructions. This Hon’ble Court also permitted the petitioners to serve personal notice upon respondent Nos.5 to 12 through Speed Post with Acknowledgment Due. Consequently, the issue relating to the sealing, preservation and seizure of the DFI office situated at Amberpet is already the subject matter of judicial consideration before this Hon’ble Court.<\/span><\/li><li><span style=\"color: #000000;\">During the hearing of W.P. No.17816 of 2026, it was specifically submitted on behalf of the petitioners that they were victims who had invested substantial amounts after being induced by the unofficial respondents to purchase residential plots and participate in various investment schemes promoted by DFI. It was brought to the notice of this Hon’ble Court that despite receiving huge sums of money from the victims, neither were the promised plots allotted and delivered nor were the invested amounts refunded. The learned Government Pleader for Home submitted that the investigation was actively progressing, that several properties connected with the case had already been attached and that any further material supplied by the petitioners would be duly examined and acted upon in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">While the aforesaid writ petition is pending adjudication, the petitioners in the present writ petition have challenged the notice dated <strong>07-07-2026<\/strong> issued by the Assistant Commissioner of Police, Economic Offences Wing, Team-VI, Central Crime Station, Hyderabad, directing Dhanwantri Foundation International and DFI Infra Projects Private Limited to vacate the Amberpet office premises. The present writ petition seeks to portray the controversy merely as a dispute relating to a police notice concerning possession of privately owned premises without placing before this Hon’ble Court the complete factual background in which the said notice came to be issued.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners have failed to disclose that the very same Amberpet office premises are already the subject matter of a specific prayer in W.P. No.17816 of 2026 seeking their immediate sealing and seizure. They have also omitted to disclose that Dhanwantri Foundation International, Dr. Patangi Kamalakar Sharma and the other persons connected with the affairs of DFI have already been arrayed as unofficial respondents in the earlier writ petition and that this Hon’ble Court has issued <strong>Notice Before Admission<\/strong> in the said proceedings. Such suppression of material facts has prevented this Hon’ble Court from being apprised of the complete factual and procedural background concerning the disputed premises and has the effect of presenting an incomplete picture of the controversy.<\/span><\/li><li><span style=\"color: #000000;\">The impugned notice dated <strong>07-07-2026<\/strong> cannot be examined in isolation from the larger criminal investigation arising out of <strong>Crime No.358 of 2023<\/strong>, the attachment proceedings initiated under the <strong>Telangana Protection of Depositors of Financial Establishments Act<\/strong>, the ongoing investigation conducted by the investigating agency, the necessity of preserving physical and digital evidence and the pendency of W.P. No.17816 of 2026 wherein this Hon’ble Court is already seized of the issue relating to the sealing and seizure of the very same Amberpet office. All these proceedings are intrinsically interconnected and any adjudication confined solely to the impugned notice, without considering the broader factual and legal background, would inevitably result in an incomplete appreciation of the issues involved.<\/span><\/li><li><span style=\"color: #000000;\">The sequence of events clearly indicates that immediately after the victims approached this Hon’ble Court by filing W.P. No.17816 of 2026 seeking directions for the sealing and seizure of the Amberpet office, the accused persons instituted the present writ petition challenging only the subsequent police notice dated <strong>07-07-2026<\/strong>, while deliberately omitting any reference to the pendency of the earlier writ petition. Such suppression has the effect of seeking protection in respect of the very same premises without affording the victims or their representative Trust an opportunity of being heard. If any interim protection is granted in these proceedings without impleading the Victims Rights Protection Trust, the same would seriously prejudice the rights of more than <strong>1,198 victims and depositors<\/strong> and may directly frustrate the reliefs already sought in W.P. No.17816 of 2026.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the present writ petition appears to have been instituted as a litigation strategy intended to isolate the impugned police notice from the broader criminal investigation and from the comprehensive reliefs already sought by the victims in W.P. No.17816 of 2026. The controversy raised herein cannot be viewed independently of the ongoing investigation into the large-scale financial fraud allegedly committed through Dhanwantri Foundation International and its associated entities. Unless the Victims Rights Protection Trust, representing more than <strong>1,198 victims and depositors<\/strong>, is impleaded as a party to these proceedings, any interim protection granted by this Hon’ble Court may directly prejudice the victims and substantially frustrate the reliefs already pending consideration before this Hon’ble Court.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners themselves have admitted that Crime No.358 of 2023 has been registered, that attachment proceedings have been initiated under the Telangana Protection of Depositors of Financial Establishments Act, that the learned Sessions Court has made the attachment absolute and that the said attachment has subsequently been confirmed by the Hon’ble High Court. Having acknowledged these significant judicial developments, the petitioners nevertheless seek to portray the Amberpet office exclusively as the personal property of petitioner Nos.3 and 4 while overlooking the material issue as to whether the premises were utilised for carrying on the affairs of Dhanwantri Foundation International and its associated entities. The true nature, character and use of the premises constitute matters requiring thorough investigation and judicial scrutiny.<\/span><\/li><\/ol><h3><span style=\"color: #000000;\"><strong>AFFIDAVIT (Part\u20132)<\/strong><\/span><\/h3><ol start=\"13\"><li><span style=\"color: #000000;\">The mere fact that the premises stand registered in the names of private individuals does not preclude the investigating agency from examining whether the same were used for collecting deposits from investors, issuing receipts, inducing members of the public to invest, maintaining investor applications and financial records, managing the affairs of Dhanwantri Foundation International and its associated entities, storing documentary and electronic evidence, or carrying on transactions connected with the alleged offences. Ownership of immovable property and its actual use in connection with criminal activities are distinct legal and factual issues. Therefore, the ownership of the premises cannot, by itself, be treated as a bar against lawful investigation, search, seizure, preservation of evidence, or any other action permissible under law wherever the facts and circumstances so justify.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners themselves have admitted that on <strong>21-09-2024<\/strong>, the investigating authorities conducted search and seizure proceedings at the Amberpet premises and seized original Trust documents, members’ application forms, one laptop, office files and other records containing institutional as well as personal information. This admission clearly establishes that the Amberpet office has a direct and substantial nexus with the investigation relating to <strong>Crime No.358 of 2023<\/strong>. It further demonstrates that the said premises were actively utilised for activities connected with Dhanwantri Foundation International and that valuable documentary and electronic evidence had already been recovered therefrom during the course of investigation.<\/span><\/li><li><span style=\"color: #000000;\">The fact that an earlier search and seizure operation was conducted at the Amberpet office does not lead to the conclusion that all relevant evidence has already been recovered. Investigations involving complex financial frauds are dynamic and continuous in nature. Additional records, digital data, electronic devices, financial documents or other incriminating material may subsequently be created, transferred, concealed or stored at the same premises or at connected locations. Consequently, the investigating agency must remain free to undertake such further searches, inspections, forensic examinations and seizures as may become necessary during the course of investigation in accordance with law and based upon fresh information or investigative requirements.<\/span><\/li><li><span style=\"color: #000000;\">The mere circumstance that a final charge sheet has not yet been filed cannot be relied upon as a ground to prevent or restrict the preservation of evidence. On the contrary, during the pendency of an ongoing criminal investigation, it is imperative that the investigating authorities are permitted to preserve the premises, identify and secure additional records, conduct digital forensic imaging of electronic devices, trace financial transactions, identify connected companies and entities, prevent the destruction, concealment or transfer of evidence, and secure assets that may ultimately be utilised for compensating the victims and depositors. Any premature interference with these investigative measures would seriously impede the effective administration of criminal justice and frustrate the ultimate recovery process.<\/span><\/li><li><span style=\"color: #000000;\">Dhanwantri Foundation International was represented before members of the Brahmin community as a charitable Trust established for the welfare and upliftment of the community. However, the material presently available with the victims indicates that the name, identity, goodwill and logo of DFI were simultaneously utilised in connection with several commercial companies, investment schemes, real estate ventures and other business activities promoted by the accused persons. Receipts, brochures, advertisements, assurances and other representations bearing the DFI name and logo created confidence among innocent investors, many of whom genuinely believed that they were dealing with a welfare institution functioning solely for charitable purposes. Acting upon such representations, they invested substantial sums of money, which have neither been returned nor properly accounted for.<\/span><\/li><li><span style=\"color: #000000;\">The material collected by the Victims Rights Protection Trust further indicates that numerous companies, firms and business entities were either established or operated by using the expression <strong>“DFI”<\/strong>, the DFI logo or the identity of Dhanwantri Foundation International. It is presently believed that approximately <strong>46 companies or business entities<\/strong> may have been promoted or controlled by the principal accused and their associates. However, the exact number of such entities, their legal status, directorship, shareholding pattern, beneficial ownership, registered offices, bank accounts, financial transactions and assets can only be ascertained through a comprehensive investigation involving the Ministry of Corporate Affairs, Registrar of Companies, banking institutions, GST authorities, the Income Tax Department and other competent statutory agencies. Such investigation is indispensable for determining the true extent of the financial network allegedly created by the accused persons and for identifying every asset liable to attachment and recovery.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust respectfully submits that an organisation projected before the public as a charitable institution established for community welfare cannot subsequently seek to avoid legal responsibility by contending that its associated commercial companies, Trust, directors and individual promoters are entirely separate and independent entities. Whether these entities genuinely functioned independently or were utilised collectively as an integrated mechanism for mobilising public deposits, conducting financial transactions and diverting investors’ funds is a matter requiring detailed forensic, financial and legal investigation. Such issues cannot be conclusively determined without a comprehensive examination of the entire organisational structure, management and financial dealings of the entities concerned.<\/span><\/li><li><span style=\"color: #000000;\">The records collected from numerous victims clearly indicate that the DFI office situated at <strong>Vaddera Basthi, Amberpet, Hyderabad<\/strong>, was repeatedly utilised for meeting investors, receiving applications and documents, issuing receipts, providing assurances, maintaining investor records and conducting the affairs of Dhanwantri Foundation International and its associated entities. The repeated use of the said premises for such activities establishes a direct nexus between the office and the transactions presently under investigation. Accordingly, the Amberpet office constitutes a vital location for the preservation, recovery and forensic examination of documentary as well as electronic evidence, and its continued protection is indispensable for ensuring an effective and meaningful investigation into the alleged offences.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust has also received credible information indicating that the premises known as <strong>Raghavendra Hospital<\/strong>, situated at <strong>Raghavendra Hills, Mylardevpally, Hyderabad<\/strong>, together with the connected premises, were allegedly utilised in connection with the affairs of Dhanwantri Foundation International and its associated companies. The information available suggests that the said premises may have been used for business communications, maintenance of accounts, administration of DFI-related entities and other institutional activities connected with the alleged fraudulent transactions. There is, therefore, a reasonable apprehension that account books, receipts, investor databases, financial records, computers, servers, mobile phones, storage devices, property documents and other material relevant to the ongoing investigation may still be available at the said premises. In these circumstances, a comprehensive investigation of the said premises has become both necessary and legally justified.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the relief sought is not intended to interfere with or disrupt any genuine medical services being rendered to patients. The Trust is not seeking the indiscriminate closure of the hospital or any action that may adversely affect emergency healthcare services. The limited prayer is that the investigating authorities be directed to conduct a lawful search, inspection and forensic examination of the hospital premises, including all offices, administrative sections, record rooms, digital facilities and other connected areas wherever there exists a reasonable possibility of locating material connected with Dhanwantri Foundation International and its associated entities. If any DFI-related records, financial documents, electronic devices, computers, servers, investor databases or other incriminating material are found, the same should be properly inventoried, digitally preserved wherever necessary, seized and secured strictly in accordance with the procedure established by law.<\/span><\/li><\/ol><h3><span style=\"color: #000000;\"><strong>AFFIDAVIT (Part\u20133)<\/strong><\/span><\/h3><ol start=\"23\"><li><span style=\"color: #000000;\">The proposed implead petitioner further submits that, in the event genuine hospital services are being provided at the said premises, the investigating authorities may take all necessary measures to ensure that emergency and essential medical services continue without interruption or inconvenience to patients. However, the existence of a functioning hospital cannot be permitted to operate as a shield against lawful investigation into office activities, financial transactions, corporate records, digital evidence or any other material connected with the affairs of Dhanwantri Foundation International and its associated entities. The investigating agency must be allowed to discharge its statutory duties in accordance with law while simultaneously ensuring that legitimate medical services remain unaffected to the greatest extent possible.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that unless the Amberpet DFI office and the relevant portions of the Raghavendra Hospital premises are immediately secured and preserved, there exists a grave and imminent risk that crucial documentary as well as electronic evidence may be removed, concealed, altered, destroyed or transferred to undisclosed locations. There is also a substantial possibility that bank records, property documents, investor applications, financial accounts, digital databases, computers, mobile devices and other material evidence may be tampered with or permanently lost. Such delay may further facilitate the continued misuse of the DFI name and logo, enable the dissipation or transfer of assets, mislead investors, obstruct the ongoing investigation and seriously prejudice the rights of thousands of affected victims and depositors. Preservation of these premises is, therefore, indispensable for ensuring a fair, effective and meaningful investigation and for safeguarding the administration of justice.<\/span><\/li><li><span style=\"color: #000000;\">The petitioners have stated that they intend to challenge the orders passed by the Hon’ble High Court before the Hon’ble Supreme Court by filing a Special Leave Petition. However, the mere expression of such an intention does not automatically suspend, stay or nullify the operation of the existing attachment orders or the ongoing criminal investigation. Unless a competent Court grants a specific order of stay or suspension, every judicial order already passed continues to remain valid, binding and enforceable. Consequently, the investigating authorities remain fully empowered to proceed with the investigation and to undertake every lawful measure necessary for preserving evidence, securing assets and protecting the interests of the victims in accordance with law.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the grant of any interim order suspending or interfering with the notice dated <strong>07-07-2026<\/strong>, without first hearing the Victims Rights Protection Trust, would cause serious and irreparable prejudice to the rights and interests of more than <strong>1,198 victims and depositors<\/strong> represented by the Trust. Such an order may indirectly defeat, frustrate or render ineffective the specific reliefs already sought in <strong>W.P. No.17816 of 2026<\/strong>, particularly those relating to the sealing, preservation and seizure of the Amberpet office and the safeguarding of valuable documentary and electronic evidence. In the interests of justice, equity and fair adjudication, no interim protection ought to be granted in the absence of the proposed implead petitioner, whose presence is indispensable for placing the complete factual background before this Hon’ble Court.<\/span><\/li><li><span style=\"color: #000000;\">The Victims Rights Protection Trust is neither a stranger to the present controversy nor an unrelated third party. On the contrary, it is the principal petitioner in the earlier writ petition concerning the very same alleged financial fraud, the same accused persons, the same <strong>Crime No.358 of 2023<\/strong>, the same DFI office situated at Amberpet, the same documentary and electronic evidence, the same attached assets and the rights and interests of more than <strong>1,198 victims and depositors<\/strong>. The issues involved in both proceedings are substantially interconnected and arise out of the same transactions and cause of action. Accordingly, the Trust is both a proper and necessary party whose presence is indispensable for the complete, effective and just adjudication of the present writ petition.<\/span><\/li><li><span style=\"color: #000000;\">The presence of the proposed implead petitioner is essential to enable this Hon’ble Court to effectively, comprehensively and finally adjudicate all the issues arising out of the present proceedings. Impleadment of the Victims Rights Protection Trust will ensure that the complete factual background, the pendency of <strong>W.P. No.17816 of 2026<\/strong>, the interests of the victims and the requirements of the ongoing criminal investigation are fully brought to the notice of this Hon’ble Court. Such impleadment will also avoid conflicting or inconsistent judicial orders in interconnected proceedings and will facilitate the effective administration of justice.<\/span><\/li><li><span style=\"color: #000000;\">The balance of convenience overwhelmingly favours the preservation of the Amberpet office, the relevant portions of the Raghavendra Hospital premises and all connected documentary and electronic evidence until the completion of the investigation. No irreparable prejudice would be caused to the petitioners if the investigating authorities are permitted to undertake lawful inventory, forensic imaging, preservation and seizure of records in accordance with law. Conversely, if such measures are delayed or obstructed, the victims may suffer irreversible loss owing to the destruction, concealment or alteration of vital evidence, thereby seriously compromising the investigation and frustrating the eventual recovery of assets intended for compensating the victims and depositors.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully submits that the petitioners cannot invoke the extraordinary equitable jurisdiction of this Hon’ble Court under <strong>Article 226 of the Constitution of India<\/strong> while withholding or suppressing material facts having a direct bearing on the controversy. It was incumbent upon the petitioners to make a full, fair and candid disclosure of the pendency of <strong>W.P. No.17816 of 2026<\/strong>, the reliefs sought therein relating to the very same Amberpet office and the proceedings already pending before this Hon’ble Court. Suppression of such material facts disentitles a litigant from seeking discretionary or equitable relief and warrants appropriate consideration by this Hon’ble Court while exercising its extraordinary jurisdiction.<\/span><\/li><li><span style=\"color: #000000;\">The proposed implead petitioner respectfully reserves the right to place before this Hon’ble Court such further material, victim statements, receipts, bank transaction records, company master data, documents bearing the DFI name and logo, address records, financial documents, digital evidence and any other relevant material as may become available during the course of investigation or as may be required by this Hon’ble Court for the proper adjudication of the present proceedings. The proposed implead petitioner further undertakes to extend full cooperation to the investigating authorities as well as to this Hon’ble Court to ensure that the truth is brought on record, the interests of the victims are effectively protected and the ends of justice are fully secured.<\/span><\/li><\/ol><h2><span style=\"color: #000000;\"><strong>PRAYER<\/strong><\/span><\/h2><p><span style=\"color: #000000;\">In the above facts and circumstances, it is therefore most respectfully prayed that this Hon’ble Court may be pleased to implead the <strong>Victims Rights Protection Trust<\/strong>, Registration No.209\/2025, represented by its Founder and Authorised Representative <strong>Sri Kalle Nagaraja Giri Prasad<\/strong>, as an additional respondent in the present writ petition; take judicial notice of the pendency of <strong>W.P. No.17816 of 2026<\/strong> and the proceedings already pending therein; decline to grant any ex parte or interim protection in relation to the notice dated <strong>07-07-2026<\/strong> or the Amberpet office without first hearing the proposed implead petitioner; direct the official respondents to immediately secure, inspect and, wherever legally required, seal the DFI office situated at Vaddera Basthi, Bagh Amberpet, Hyderabad; conduct a comprehensive inventory, preservation, forensic examination and seizure of all records, documents, electronic devices and materials connected with Dhanwantri Foundation International and its associated entities; direct an immediate lawful search, inspection and digital forensic examination of the premises known as <strong>Raghavendra Hospital<\/strong>, together with all connected premises at Raghavendra Hills, Mylardevpally, Hyderabad, while ensuring that genuine emergency medical services remain uninterrupted; further direct the competent authorities to investigate all companies, firms, Trusts and other entities using the name <strong>“DFI”<\/strong>, the DFI logo or the identity of Dhanwantri Foundation International through the Ministry of Corporate Affairs, Registrar of Companies, banks, Income Tax Department, GST authorities, Registration Department and other statutory agencies; order a comprehensive forensic audit of all financial transactions, investor records and digital evidence connected with DFI and its associated entities; and finally pass such other order or orders as this Hon’ble Court may deem fit and proper in the interests of justice, protection of victims’ rights, preservation of evidence, effective investigation, recovery of assets and equitable compensation to the genuine victims and depositors affected by the alleged fraudulent activities of Dhanwantri Foundation International.<\/span><\/p><h2><span style=\"color: #000000;\"><strong>VERIFICATION<\/strong><\/span><\/h2><p><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 I, <strong>Sri Kalle Nagaraja Giri Prasad<\/strong>, the deponent above named, do hereby verify that the contents of paragraphs <strong>1 to 31<\/strong> of this affidavit are true and correct to the best of my knowledge, information and belief. The factual averments are based upon the records maintained by the <strong>Victims Rights Protection Trust<\/strong>, documents furnished by the victims and depositors, and the court and investigation records presently available. The legal submissions are based upon legal advice received and believed by me to be true and correct. Nothing material has been concealed therefrom.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Verified at Hyderabad on this ___ day of __________, 2026.<\/strong><\/span><\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f8e63d elementor-widget elementor-widget-text-editor\" data-id=\"9f8e63d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h1><span style=\"color: #000000;\">PRESS NOTE<\/span><\/h1><p><span style=\"color: #000000;\"><strong>Hyderabad, 24 July 2026<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Sri <strong>Giri Prasad Sarma Kalle<\/strong>, Founder & Convenor of <strong>Victims Rights Protection Trust (VRPT)<\/strong>, has expressed serious concern regarding the continued delay in investigation, judicial progress, and communication with victims in the <strong>Dhanwantri Foundation International (DFI)<\/strong> fraud case.<\/span><\/p><p><span style=\"color: #000000;\">He stated that while the Hon’ble High Court for the State of Telangana has made remarkable progress in adopting technology and improving digital accessibility, there is still considerable scope for strengthening the efficiency of case listing, timely publication of judicial orders, and expeditious hearing of matters involving thousands of innocent victims.<\/span><\/p><p><span style=\"color: #000000;\">According to him, victims approach the Hon’ble High Court only after exhausting every available remedy before the police and other authorities. Therefore, once a matter reaches the constitutional court, every effort should be made to ensure timely listing, effective hearing and prompt judicial response so that justice is not unnecessarily delayed.<\/span><\/p><p><span style=\"color: #000000;\">Referring to the DFI case, he stated that nearly <strong>4,250 investors<\/strong> are alleged to have suffered losses estimated at approximately <strong>\u20b91,500 crore<\/strong>. He observed that despite the gravity of the allegations and the large number of affected families, many victims continue to await meaningful progress.<\/span><\/p><p><span style=\"color: #000000;\">He further stated that <strong>Criminal Petition (CRLP) No. 58 of 2026<\/strong>, filed before the Hon’ble High Court seeking cancellation of bail, remains pending. According to him, despite placing documentary material before the Court, the matter is yet to reach final consideration.<\/span><\/p><p><span style=\"color: #000000;\">He also stated that <strong>Writ Petition No. 17816 of 2026<\/strong>, filed by Victims Rights Protection Trust seeking various directions relating to investigation, tracing of assets, seizure proceedings and protection of victims’ interests, also remains pending before the Hon’ble High Court.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad observed that although proceedings before various courts have continued, the victims remain deeply concerned that, according to their understanding, the accused continue to enjoy the alleged proceeds of the fraud while many affected investors continue to experience severe financial hardship and emotional distress.<\/span><\/p><p><span style=\"color: #000000;\">He expressed concern that, to the best of the Trust’s knowledge, <strong>no final charge sheet or preliminary charge sheet has yet been filed<\/strong> in the criminal case. According to him, this has caused anxiety among thousands of victims who are awaiting completion of the investigation and commencement of trial.<\/span><\/p><p><span style=\"color: #000000;\">He further stated that the Trust has submitted <strong>approximately ten official representations<\/strong> to the Central Crime Station (CCS), Hyderabad, requesting investigation updates and specific investigative action. However, according to the Trust, <strong>no formal written replies have been received<\/strong> to those representations.<\/span><\/p><p><span style=\"color: #000000;\">He also expressed concern that <strong>no comprehensive official public statement<\/strong> has been issued by CCS explaining the present status of the investigation, the progress of asset tracing, recovery proceedings, or the proposed roadmap for securing justice to the victims. He stated that periodic official communication would greatly reduce uncertainty among affected investors.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad further stated that several complaints and representations were submitted requesting immediate action for preservation of documentary and digital evidence. According to him, the Trust is concerned that the <strong>DFI office situated at Amberpet has not yet been seized<\/strong>, despite directions sought before the Hon’ble High Court and repeated representations requesting preservation of evidence. He stated that this has raised serious concerns among victims regarding protection of crucial records and electronic evidence.<\/span><\/p><p><span style=\"color: #000000;\">He further stated that the Trust has also submitted complaints alleging continued alienation and sale of certain properties by the accused and has requested immediate intervention by the investigating authorities. According to him, the victims expect prompt verification of such complaints and appropriate action wherever warranted under law.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad observed that victims frequently approach senior police officers seeking updates. However, he expressed the view that effective supervision should be accompanied by continuous monitoring of the investigation so that victims receive timely responses and meaningful progress.<\/span><\/p><p><span style=\"color: #000000;\">He reiterated that the Trust has voluntarily collected and submitted documents, receipts, affidavits, witness statements and other material to assist the investigation and will continue extending complete cooperation to all competent authorities.<\/span><\/p><p><span style=\"color: #000000;\">Considering the magnitude of the alleged fraud, the number of victims involved, the complexity of financial transactions, and the necessity for comprehensive tracing of assets, <strong>Victims Rights Protection Trust has urged the Government of Telangana to transfer the Dhanwantri Foundation International (DFI) investigation to the Enforcement Directorate (ED) and the Crime Investigation Department (CBCID)<\/strong> for an independent, specialised and coordinated investigation into all financial, property and related aspects of the case.<\/span><\/p><p><span style=\"color: #000000;\">The Trust has further requested that the investigating agencies provide periodic official updates to victims, expedite tracing and attachment of assets, preserve all documentary and digital evidence, and complete the investigation within a reasonable time in accordance with law.<\/span><\/p><p><span style=\"color: #000000;\">Mr. Giri Prasad also announced that, in view of continuing concerns regarding the investigation and protection of victims’ rights, <strong>Victims Rights Protection Trust is in the process of filing additional proceedings before the Hon’ble High Court seeking further appropriate directions on issues affecting the interests of thousands of innocent depositors.<\/strong><\/span><\/p><p><span style=\"color: #000000;\">The Trust reaffirmed its commitment to cooperate fully with all investigating agencies and the judiciary and expressed hope that all pending legal proceedings will be concluded expeditiously so that justice is delivered to the affected victims in accordance with law.<\/span><\/p><p><span style=\"color: #000000;\"><strong>Issued by:<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Victims Rights Protection Trust (Regd. No. 209\/2025)<\/strong><\/span><\/p><p><span style=\"color: #000000;\"><strong>Sri Giri Prasad Sarma Kalle<\/strong><\/span><br \/><span style=\"color: #000000;\">Founder & Convenor<\/span><br \/><span style=\"color: #000000;\">Hyderabad<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d967fb elementor-widget elementor-widget-image\" data-id=\"4d967fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"960\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-683x1024.png\" class=\"attachment-large size-large wp-image-839\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-683x1024.png 683w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-200x300.png 200w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM-768x1152.png 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/07\/ChatGPT-Image-Jul-24-2026-09_22_36-AM.png 1024w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04a7dd7 elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"04a7dd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{"drop_cap":"yes"}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<blockquote><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>To\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a023\/06\/2026<\/strong><\/span><br \/><span style=\"color: #000000;\">The Deputy Commissioner of Police<\/span><br \/><span style=\"color: #000000;\">Central Crime Station (CCS)<\/span><br \/><span style=\"color: #000000;\">Detective Department, Hyderabad<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Through Proper Channel\u00a0 The ACP Team VI. CCS DD Hyderabd<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Subject:<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Crime No.358\/2023 \u2013 Dhanwantri Foundation International (DFI) Fraud Case \u2013 Representation seeking Immediate Consequential Action pursuant to the Common Judgment dated 05-05-2026 of the Hon’ble High Court of Telangana, including Identification and Recovery of Concealed Assets, Custodial Examination of Accused and Associates, Preservation of Electronic and Documentary Evidence, Protection of Depositor Interests, and Initiation of Proceedings before the Hon’ble Special Court for Asset Realization, Public Auction, Creation of Court-Supervised Escrow Account, Victim Verification, Approval of Distribution Mechanism and Eventual Restitution of Investor Funds to Genuine Victims \u2013 Reg.<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Respected Sir,<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 We respectfully submit that Crime No.358\/2023 registered by the Central Crime Station, Hyderabad pertains to a large-scale financial fraud affecting thousands of innocent investors, senior citizens, pensioners <\/span><br \/><span style=\"color: #000000;\">and middle-class families who invested their hard-earned savings in Dhanwantri Foundation International (DFI), DFI Trust and its interconnected entities on the promise of plots, debentures, shares, welfare schemes, financial benefits and assured returns. It is respectfully submitted that the Hon’ble High Court of Telangana, vide Common Judgment dated 05-05-2026 in Criminal Appeal Nos.1040, 1041, 1042, 1043, 1044, 1045, 1046 and 1047 of 2025, dismissed all appeals preferred by DFI, DFI Trust and associated entities and affirmed the attachment proceedings initiated under the Telangana Protection of Depositors of Financial Establishments Act, 1999. The Hon’ble High Court has categorically upheld the applicability of the Depositors Act and rejected the principal contentions advanced by the accused entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Further, the learned Special Court at Nampally has already made the attachment proceedings absolute. Consequently, the legal protection afforded to depositor interests has attained finality at the present stage and the matter now requires progression towards identification of all assets, recovery of proceeds of crime, realization of attached properties and eventual restitution of investor funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">At the outset, it is respectfully submitted that substantial concerns continue to exist regarding the existence of undisclosed assets, concealed transactions, benami holdings, diverted funds and suppressed records connected with the accused persons and their associates. Information available with victims indicates that the properties presently attached may not represent the entirety of the assets acquired, controlled or enjoyed through investor funds mobilized by DFI and its group entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims continue to receive information from various sources suggesting the existence of additional lands, layouts, immovable properties, bank accounts, investments, fixed deposits, locker contents, gold holdings, jewellery, digital assets, cash reserves and benami properties which may not yet have been brought within the scope of investigation or attachment proceedings. If such information is found to be true upon investigation, the presently attached properties alone may not represent the full recovery potential available for the benefit of depositors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In these circumstances, it is respectfully requested that CCS may undertake a comprehensive and intensive exercise for tracing all remaining assets connected directly or indirectly with the principal accused, trustees, directors, office bearers, family members, representatives, agents, associates, intermediary entities and suspected benamidars.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (VRPT) is prepared to cooperate fully with the investigating agency and furnish additional documentary material, transaction details, property information and other evidentiary leads presently available with victims, which may assist CCS in identifying concealed assets and undisclosed transactions.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is further submitted that if considered necessary in the interest of effective investigation, tracing of concealed assets, identification of proceeds of crime and recovery of evidence, CCS may kindly examine the necessity of custodial interrogation and custodial examination of the principal accused persons and key associates connected with DFI and its group entities. Such examination may assist in identifying undisclosed assets, locating hidden records, tracing diverted funds, identifying benami transactions, recovering digital evidence and determining the complete extent of investor funds mobilized and diverted.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">If any additional permissions, authorizations or judicial directions are required for such custodial examination, search proceedings or recovery measures, it is respectfully requested that appropriate applications may be moved before the competent authorities and jurisdictional courts in accordance with law.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is further submitted that complaints continue to be received from victims regarding the existence of records, databases, investor information and operational materials connected with DFI and its associated establishments. Since such records may constitute crucial evidence in Crime No.358\/2023, it is respectfully requested that all relevant investor registers, subscriber records, deposit records, allotment records, debenture records, accounting records, ledgers, computer systems, servers, mobile devices, cloud storage accounts and electronic records may be secured, preserved and examined in accordance with law.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Particular attention may kindly be given to preservation of electronic evidence. Mobile phones, laptops, computers, hard disks, accounting software, digital communication records and other electronic devices may contain critical information relating to undisclosed assets, diversion of investor funds, financial transactions and involvement of associated persons. Preservation and forensic examination of such evidence may substantially assist the investigation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is also respectfully submitted that all banking transactions connected with the accused persons, their associates, related entities and suspected benamidars require comprehensive scrutiny. Victims continue to express serious apprehension regarding possible movement of funds, transfers, withdrawals and diversion of assets after registration of Crime No.358\/2023 and during the pendency of attachment proceedings.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Accordingly, it is requested that CCS may examine all relevant financial transactions and, wherever legally warranted, consider seeking appropriate orders for monitoring, protection, preservation or freezing of accounts, investments and financial instruments so that depositor interests are not prejudiced by dissipation or concealment of assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims further submit that Sections 3, 4 and 7 of the Telangana Protection of Depositors of Financial Establishments Act, 1999 provide a statutory framework for attachment, administration and protection of assets for the benefit of depositors. In view of the affirmation of attachment proceedings by the Hon’ble High Court and the orders already passed by the learned Special Court, the matter is now ripe for consequential recovery proceedings.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Accordingly, it is respectfully requested that CCS may prepare appropriate reports and place necessary material before the Competent Authority and Learned Public Prosecutor for moving suitable applications before the learned Special Court seeking consequential directions relating to identification of additional assets, consolidation of attached and benami properties, valuation of assets, realization of properties, auction proceedings and recovery of funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Upon completion of asset tracing and valuation, appropriate steps may kindly be initiated for realization of attached properties through transparent legal mechanisms including public auction wherever considered appropriate by the learned Special Court.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims further submit that all amounts realized through auction, recovery proceedings, settlements, liquidation of assets or other lawful means may be deposited into a Court-supervised Escrow Account or Nodal Account maintained in a Nationalized Bank under appropriate judicial oversight. Such a mechanism would ensure transparency, accountability and protection of recovered funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Thereafter, a comprehensive victim verification process may be undertaken by scrutinizing receipts, agreements, certificates, payment records, bank statements and other supporting material so that a final authenticated register of eligible claimants may be prepared.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Following completion of verification, appropriate proposals may be placed before the learned Special Court seeking approval of a transparent and equitable distribution mechanism so that recovered funds may ultimately be disbursed to genuine victims in accordance with law.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims respectfully submit that such a recovery mechanism is neither unprecedented nor unknown to Indian jurisprudence. Similar approaches have been adopted in major depositor protection matters under the MPID Act, TNPID Act and other large-scale financial fraud cases where attached assets were realized and recovered funds were distributed under judicial supervision for the benefit of depositors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims further submit that throughout the course of investigation they have consistently cooperated with CCS and have pursued remedies strictly through lawful means. The filing of W.P. No.17816 of 2026 before the Hon’ble High Court was not intended to inconvenience the investigating agency but was necessitated by circumstances and undertaken solely for protection of depositor interests.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">It is respectfully submitted that the victims do not desire to initiate another round of litigation against CCS or other authorities. It is neither their intention nor their preference to burden the investigating agency with further writ proceedings. On the contrary, the victims sincerely hope that all necessary consequential measures will now be undertaken administratively and legally in view of the judgment dated 05-05-2026.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">However, if consequential recovery proceedings, tracing of concealed assets, preservation of evidence and protection of depositor interests continue to remain unattended despite repeated representations and the judicial developments already referred to above, the victims may unfortunately be left with no efficacious alternative remedy except to once again invoke the extraordinary jurisdiction of the Hon’ble High Court for protection of their legal rights and interests.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The victims sincerely hope that such a course of action will not become necessary. It is their earnest expectation that CCS will continue to extend full cooperation and take all lawful measures required for tracing concealed assets, securing evidence, protecting depositor interests and advancing the matter towards recovery and restitution.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In these circumstances, we humbly request your good office to consider this representation in its true spirit and initiate all consequential investigative and legal measures permissible under law so that justice may be delivered to thousands of affected investors who have been waiting for recovery of their life savings for several years.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">REPORT ON THE ORIGIN, STRUCTURE AND SUBSEQUENT MISUSE OF DHANWANTARI FOUNDATION INTERNATIONAL (DFI) BY THE ACCUSED<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Upon examination of the official website of <strong>Dhanwantari Foundation International (DFI)<\/strong>, the Trust Board details, Life Trustee information, organizational objectives, membership claims, achievements and associated publications, it is evident that DFI was originally projected as a charitable, social, educational and community welfare organization intended to work for the upliftment of the Brahmin community. The website prominently displays religious mottos, social service objectives, educational goals, healthcare initiatives, student welfare activities, employment generation programs and community development projects. The representations made on the website created a strong impression that DFI was a genuine public welfare trust supported by eminent personalities, professionals, retired civil servants, doctors, scholars and respected members of society.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records displayed on the website reveal that the organization was initially structured around a Trust model with multiple Trustees and Life Trustees. The names displayed include <strong>Dr. Pantangi Kamalakara Sharma (Founder Chairman & Managing Trustee), Dr. Pantangi Jayasree Sharma (Trust Board Member), Dr. Vithal Rao, Dr. Mahabhashyam Vijay Kumar, Dr. Sanivarapu Venkata Krishna Rao, Late Sri P.V.R.K. Prasad IAS (Retd.), Sri R. Prabhakar Rao IPS (Retd.), Sri Chebiyam Ramakrishna, Dr. B.N. Ravikumar, Dr. Madhusudan Joshi and Dr. A.V. Ratnam<\/strong>. The website further presents these individuals as Trustees, Advisors, Board Members and distinguished professionals associated with the Trust. Their names, professional credentials, addresses, telephone numbers and contact details were publicly displayed on the official DFI platform, thereby creating confidence among members of the Brahmin community that the organization was being administered collectively by respected and credible individuals.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website further claims that DFI had grown into an international organization with a membership exceeding <strong>2,50,000 persons<\/strong>, spread across India and abroad. The website states that the members included Doctors, Engineers, Advocates, Bureaucrats, Chartered Accountants, Professors, Industrialists, Bankers, Students and other professionals. Such representations created a perception that DFI had acquired significant social standing, organizational strength and financial credibility. These claims were repeatedly used to attract new members, donors, investors and supporters.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The stated objectives of DFI, as displayed on the website, include establishment of Veda Pathasalas, Sanskrit Colleges, Medical Colleges, Engineering Colleges, Professional Colleges, Research Institutions, Hospitals, Vocational Training Centres, Self-Employment Projects, Student Hostels, Old Age Homes, Marriage Assistance Programs and various welfare activities. The website also claims that DFI intended to establish a Deemed University and create a worldwide network for the welfare of the Brahmin community. These lofty objectives, combined with the involvement of eminent personalities, generated enormous goodwill and trust among the public.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website further contains a lengthy list of claimed achievements, including conduct of major religious programs, Chandi Yagams, Gayatri Yagams, Upanayanams, Marriage Conventions, Scholarship Programs, Health Camps, Medical Services, Employment Programs, Establishment of Branches in multiple States, Educational Activities, Publications and Community Service Programs. It also claims that DFI had distributed scholarships, conducted health camps serving thousands of patients, created a land bank of approximately 2,200 acres, established various institutions and undertaken numerous welfare activities. These representations substantially enhanced the public image of DFI and encouraged members of the Brahmin community to repose confidence in the organization.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">However, the material collected by Victims Rights Protection Trust (VRPT), including victim complaints, financial records, publications, company documents, agreements, receipts, promotional brochures and communications, indicates that the original charitable image of DFI was gradually transformed into a platform for mobilization of funds through various commercial entities floated and controlled by the accused. Evidence indicates that after gaining public confidence through the Trust structure and the association of eminent Trustees, the accused progressively centralized control over DFI affairs and began operating through multiple private companies and commercial ventures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records reveal that over a period of time, many of the original Trustees and respected personalities who lent credibility to the organization ceased to have any visible operational role in the management of the affairs that subsequently emerged. Despite the public display of a large Trust Board and collective governance structure, the actual decision-making process increasingly came under the control of the accused and his immediate associates. Numerous commercial entities including <strong>DFI Nirmaan Pvt. Ltd., Dharani Shelters Pvt. Ltd., DFI Ventures Ltd., DFI Infra Projects Pvt. Ltd., DFI IT Solutions Pvt. Ltd.<\/strong> and other associated concerns were floated and promoted while continuing to utilize the name, logo, reputation and goodwill of Dhanwantari Foundation International.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The most significant aspect emerging from the records is that the DFI logo, Trust identity, membership network and charitable image were repeatedly used in connection with real estate ventures, investment schemes, debenture programs, plot bookings, development charges, maintenance charges, infrastructure projects, IT ventures and various collection programs. Investors and members were encouraged to invest money not merely on the basis of commercial merit but on the belief that the ventures were being undertaken under the umbrella of a respected charitable Trust dedicated to community welfare.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VRPT’s investigation indicates that this transition from a charitable Trust model to a network of commercial collection entities occurred without transparency to members and investors. Many victims have specifically stated that they invested money because they trusted the DFI name, the Trust structure, the involvement of eminent Trustees and the repeated representations that the funds would be utilized for community development and welfare projects. The continued use of the Trust name and logo alongside private commercial ventures created an impression that all such ventures carried the endorsement and institutional backing of the Trust.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The evidence further indicates that while large-scale collections were made through real estate projects, memberships, investments, debentures and related schemes, the promised projects either remained incomplete, failed to materialize, remained unregistered or did not yield the promised returns. Simultaneously, the accused continued publishing promotional material, issuing assurances, launching new ventures and seeking further collections. Even after serious financial distress became evident and investor liabilities accumulated, collections reportedly continued through multiple channels.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VRPT has received and verified thousands of complaints, representations, emails and supporting documents from victims across various States. The investigation conducted by VRPT indicates that the goodwill generated by the Trust, the names of eminent Trustees, the projected membership strength, the religious and social service activities and the public image of DFI were instrumental in attracting investors and facilitating collections. The evidence suggests that the accused first established credibility through a Trust-based structure supported by respected personalities and subsequently utilized that credibility to promote and expand a network of commercial ventures and collection activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the considered opinion of VRPT, the entire sequence of events requires thorough investigation by the competent authorities to determine the extent to which the Trust name, Trust logo, membership network, trustee structure and charitable representations were utilized for mobilization of public funds through associated commercial entities. The circumstances also require examination of the role of various companies floated under the DFI banner, the movement of funds between such entities, the utilization of investor funds, the authorization for use of the DFI identity and the extent to which members, investors and even original Trustees may have been kept unaware of the true nature and scale of subsequent financial operations.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The material presently available indicates that the accused initially built public confidence by associating with highly respected personalities, presenting DFI as a community welfare Trust and projecting ambitious social objectives. Thereafter, the DFI identity was extensively used for launching multiple commercial ventures, collecting funds from the public and expanding financial activities. The resulting losses suffered by thousands of investors, coupled with the subsequent criminal proceedings, make it imperative that the entire evolution of DFI from a charitable Trust into a network of collection-oriented commercial entities be investigated comprehensively so that responsibility may be fixed upon all persons involved and justice may be secured for the victims.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">========<\/span><br \/><span style=\"color: #000000;\"><strong>REPORT ON MULTIPLE DFI TRUST WINGS, DONATION ACCOUNTS, ONLINE COLLECTIONS AND MISUSE OF CHARITABLE IMAGE<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">According to the website pages displayed under the name of <strong>Dhanwantari Foundation International<\/strong>, the accused Dr. P. Kamalakara Sharma did not restrict his activities only to real estate ventures. The website shows that several trusts, wings, donation schemes, membership plans, goshala schemes, hospital donation plans, old age home services, Brahmana Jagruti activities and online payment facilities were projected under the DFI name and logo. These pages created an impression that DFI was a large charitable, spiritual, social and community welfare institution, while in parallel the same name, logo, office structure and public faith were used for collecting money under multiple heads.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website page relating to <strong>DFI Gosamrakshana Trust<\/strong> states that the Trust was founded on 30.07.2015 by Dr. P. Kamalakara Sharma at Mallapuram Village, Midjil Mandal, Mahabubnagar District. The page displays trustees including Dr. P. Kamalakara Sharma as Managing Trustee, Late Sri P.V.R.K. Prasad IAS (Retd.) as Chief Adviser, Late Sri V.S. Rao as General Secretary, Smt. V. Prameela Rani, Smt. P. Satyasree, Sri Nippani Rama Mohana Rao, Smt. Akella Anuradha, Sri K. Vasudeva Murthy and Smt. L. Padmaja. The website further claims that the total project cost was Rs.58 lakhs and lists works such as sheds for desi cows, caretakers\u2019 quarters, chaff cutter and storage shed, veterinary clinic, bull shed, calf shed, sick animal treatment shed, bore well, rain gun irrigation and vermicompost shed. The website states that the above works were completed.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website further states that the Goshala had 54 desi cows and that DFI was taking care of their health with the assistance of the Veterinary Department. It also states that another 100 desi cows could be accommodated in a proposed additional Goshala and that construction would cost approximately Rs.50 lakhs. The page also displays donor details for August and September 2023 with names, places, receipt numbers, type of donation and amounts. This shows that even during 2023, when investor grievances and financial defaults were already serious, the DFI website continued to collect and publish donations in the name of Goshala and Go Seva.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The same page further states that donations could be made by cheque or demand draft in favour of <strong>\u201cDFI Gosamrakshana Trust\u201d<\/strong> and could also be made online to <strong>Union Bank of India, Himayathnagar Branch, Account No.555702010003644, IFSC Code UBIN0802018<\/strong>. It also directs members to contact <strong>Sri N. Rama Mohana Rao, Mobile No.9441585999<\/strong> for further details. This shows that a separate banking route was publicly created for Goshala donations, apart from the real estate and investment accounts already promoted through other DFI-linked entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website also displays an <strong>Online Payment<\/strong> section under DFI, showing membership plans and donation options. The membership plans include General Membership at Rs.50\/-, Life Membership at Rs.1,500\/-, Premier Life Membership at Rs.2,000\/-, NRI Membership at USD 100, Corpus Fund Donation from Rs.100\/- to a maximum of Rs.1 crore, and Satyanarayana Vratam Donation of Rs.1,116\/- for one month and Rs.6,116\/- for one year. This clearly indicates that the accused had created an online collection system for different categories of payments under the DFI name.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The online payment page further shows <strong>DFI Donations<\/strong> under the heading of <strong>DFI Niraamayam & Hospital<\/strong>. The donation categories displayed include DFI Swasthya Health Card under DSC General for Rs.11,000\/-, One Square Feet Donor for Rs.2,000\/-, Poshaka Donor for Rs.1,00,000\/-, Rajaposhaka Donor for Rs.5,00,000\/-, Maharaja Poshaka Donor for Rs.50,00,000\/- and Chakravarthi Poshaka Donor for Rs.1,00,00,000\/-. The page mentions privileges such as acknowledgement receipt, income tax deduction certificate and thankful letter, with validity periods ranging from 5 years to 20 years. In some categories, it states that the donor\u2019s name would be displayed on common boards, inpatient rooms or one floor of the hospital. These hospital-related donation slabs show that very large donations were solicited in the name of hospital construction and health services.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website also shows <strong>DFI Gosamrakshana Donations<\/strong> with separate categories such as cow fodder expense at Rs.599\/-, cow fodder expense for a week at Rs.1,400\/-, monthly veterinary and medicine expenses at Rs.11,000\/-, Go Puja expense at Rs.1,111\/-, Go Daanam involving cow and calf at Rs.58,000\/- and a future contribution scheme at Rs.11,111\/-. Each category contains a \u201cPay Now\u201d facility. This establishes that the accused and his associates had opened multiple online payment channels not only for membership and hospital donations but also for cow protection, religious services and related charitable collections.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website page relating to <strong>DFI Bhavya \u2013 Old Age Home for Brahmins<\/strong> states that DFI Bhavya was established during May 2012 to facilitate helpless elders of the community to live peacefully and with dignity. The page displays facilities such as air-conditioned rooms, non-air-conditioned rooms, dormitory and day care. It also mentions amenities including TV, newspaper, periodic general health check-up, breakfast, lunch, evening tea and dinner. The page identifies <strong>Dr. P. Kamalakara Sharma as Founder Trustee<\/strong> and gives contact details of <strong>Sri N. Rama Mohana Rao, Administrator, Mobile No.9441585999<\/strong>. This shows that old age home services were also used as part of the charitable image projected by DFI.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The website page relating to <strong>DFI Brahmana Jagruti<\/strong> states that Satyanarayana Vratam was conducted at DFI Administrative Office on every Pournami day and that DFI staff would visit an orphanage and donate an amount equal to one day meal to inmates. The page lists trustees of DFI Brahmana Jagruti as Dr. Pantangi Kamalakara Sharma, Founder Chairman and Managing Trustee, Dr. Pantangi Jayasree Sharma, Trustee, Sri Vennelaganti Subba Rao, General Secretary, and Smt. Peesapati Satyasree, Trustee. The page further invites members to participate in Satyanarayana Vratams by paying Rs.1,116\/- and also permits participation by depositing Rs.6,116\/-, stating that the pooja would be performed every month with Gotranamas and Prasadam would be sent by post. It also states that members could participate personally every year, and that the advance amount could be refunded on request.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The Brahmana Jagruti page further directs members to remit amounts to <strong>Dhanwantari Foundation International Brahmana Jagruti, Union Bank of India, Himayathnagar, Account No.555702010002124, IFSC Code UBIN0802018<\/strong>. It also states that cheques could be sent to the Administrative Office of Dhanwantari Foundation International Brahmana Jagruti at H.No.2-2-1108\/6\/8, Tilaknagar X Roads, Amberpet, Hyderabad \u2013 500044. For further details, members were directed to contact <strong>Smt. B. Uma Rani, Mobile No.9963344113<\/strong>. This again shows a separate collection route in the name of religious and community activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The cumulative website material shows that the accused created and projected several different wings under the DFI banner, including DFI Gosamrakshana Trust, DFI Niraamayam and Hospital, DFI Brahmana Jagruti, DFI Bhavya Old Age Home, membership plans, corpus fund donation schemes, Satyanarayana Vratam schemes, health card donations and Go Seva donations. Each activity was projected as charitable, religious, social or community welfare work. However, each activity also contained separate payment categories, bank accounts, Pay Now buttons, contact persons and donation slabs. This establishes that DFI was being used as a broad collection platform under several different emotional, religious and welfare-oriented heads.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The most serious issue is that when Crime No.358\/2023 was registered, many complainants and victims were not aware of the full extent of these multiple wings, accounts, donation schemes, trust accounts, online payment categories, real estate entities and associated companies. The initial complaint was therefore not based on the entire financial network of DFI but on limited information available to a small group of victims. The accused and his associates were able to project the matter as if it related only to depositors or a limited investment dispute, while the larger structure of multiple accounts, trusts, companies, donation routes and online collections remained outside the knowledge of many victims at that stage.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records now examined by VRPT show that the accused was not operating one simple trust or one simple investment scheme. He created a complex ecosystem of charitable trusts, real estate companies, infrastructure entities, hospital donation schemes, goshala donation schemes, religious donation schemes, membership plans, old age home services and online payment mechanisms. All these were promoted under the common DFI name, logo, website and trust image. This method created public confidence, attracted elderly persons, retired employees, pensioners, families and Brahmin community members, and enabled continuous collections over several years.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The accused also used respected names, trustees, retired officials, doctors and social personalities in the original trust structure. By displaying prominent names and presenting DFI as a large Brahmin welfare institution, he gained the confidence of the community. However, the subsequent records indicate that control over the actual activities, bank accounts, companies and collections was centralized around the accused and his close associates. Many victims state that they trusted the DFI name because they believed it was a charitable and community institution supported by respectable people, not a private collection network controlled by a few persons.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The conduct becomes more serious because the accused allegedly stopped paying interest to investors from around 2019, but continued collections through different schemes until the registration of Crime No.358\/2023 and even thereafter through different routes. Victims include senior citizens, retired employees, pensioners, women, middle-class families and persons who invested gratuity amounts, retirement savings and life savings. While the accused later pleaded age and health considerations to obtain bail, the victims include persons older than him who were financially ruined after trusting his representations.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The entire matter requires deeper investigation beyond the limited original complaint. All accounts displayed on the DFI website, all Pay Now facilities, all trust accounts, all company accounts, all donor categories, all hospital donation schemes, all Goshala donation schemes, all religious schemes, all membership collections and all real estate collections must be traced and audited. The flow of money from each account must be examined. The role of each trustee, administrator, coordinator, marketing head, signatory and beneficiary must be verified. The source and use of funds collected under the name of welfare, Go Seva, hospital construction, old age home, membership, pooja, corpus fund and real estate must be investigated.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VRPT submits that the website evidence clearly demonstrates that DFI was used as a public-facing trust platform to generate confidence, while several parallel accounts and schemes were created for collections. The absence of strict scrutiny and effective regulatory monitoring enabled the accused to register and operate multiple entities, accounts and schemes under similar names and branding. This enabled a white-collar fraud pattern where public faith, religious sentiment, community identity and charitable language were used to mobilize crores of rupees from innocent victims.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Therefore, the competent investigating authorities, particularly DCP, DD-CCS, Hyderabad, are requested to treat the DFI website pages, donation screens, online payment pages, trust pages and bank account details as important evidence in Crime No.358\/2023. These materials show the scale, design and method of public collection used by the accused and his associates. The investigation must be expanded to cover not merely the deposits mentioned in the original FIR but the entire network of collections carried out through DFI Trust, DFI-linked companies, donation accounts, membership accounts, Goshala accounts, Brahmana Jagruti accounts, hospital donation accounts and related entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>PROJECT-WISE INVESTIGATION REPORT<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>DFI HOSPITAL PROJECT \u2013 PUBLIC COLLECTIONS VS BANK FINANCING<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Accused<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Dr. Pantangi Kamalakara Sharma<\/strong><\/span><br \/><span style=\"color: #000000;\">Founder & Managing Trustee<\/span><br \/><span style=\"color: #000000;\">Dhanwantari Foundation International (DFI)<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol><li><span style=\"color: #000000;\"><strong> Background of the Hospital Project<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The DFI group publicly promoted the establishment of a large multi-speciality hospital at Amberpet, Hyderabad. The project was presented as a charitable healthcare initiative intended to provide medical services to society while simultaneously inviting financial participation from members of the public. Through extensive publicity campaigns, website promotions and organizational activities, the project was projected as a major healthcare infrastructure initiative being undertaken under the DFI banner.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In connection with the hospital project, various donation categories were advertised to the public. These included the DFI Swasthya Health Card Scheme at \u20b911,000, the One Square Feet Donor Scheme at \u20b92,000, Poshaka Donor at \u20b91,00,000, Raja Poshaka Donor at \u20b95,00,000, Maharaja Poshaka Donor at \u20b950,00,000 and Chakravarthi Poshaka Donor at \u20b91,00,00,000. Donors were promised recognition, income-tax deduction certificates, display of donor names, naming privileges and other long-term benefits associated with the proposed hospital.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These public representations indicate that substantial funds were mobilized specifically in the name of hospital construction and healthcare development.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"2\"><li><span style=\"color: #000000;\"><strong> Simultaneous Public Fund Mobilisation Through Multiple Schemes<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Apart from the hospital-related donation programmes, the accused and associated entities were simultaneously collecting money from the public through numerous other channels. These included various DFI membership schemes such as General Membership, Life Membership, Premier Life Membership and NRI Membership.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Additional collections were made through Corpus Fund contributions, Satyanarayana Vratham schemes, Goshala-related programmes, Brahmana welfare activities, old age home donations, health card programmes, real-estate related investments and fixed deposit schemes. Each of these programmes involved separate appeals to the public and separate mechanisms for collection of funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The existence of multiple parallel collection channels demonstrates that public funds were being mobilized continuously through a wide variety of charitable, religious, healthcare, welfare and investment-oriented platforms.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"3\"><li><span style=\"color: #000000;\"><strong> Simultaneous Bank Borrowings for the Same Project<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">While public collections were being undertaken on a significant scale, records available through the CRISIL Rating Report dated 17 December 2021 reveal that DFI Hospitals Private Limited had simultaneously obtained ratings for substantial banking facilities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The report indicates sanctioned facilities consisting of a Term Loan of \u20b948.25 Crores and Cash Credit facilities of \u20b91.75 Crores, aggregating approximately \u20b950 Crores. The lending institution identified in the report is Union Bank of India.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The CRISIL documentation further records that DFI Hospitals Private Limited was engaged in setting up a 150-bed tertiary care hospital at Amberpet, Hyderabad. The promoters identified in the report include Dr. Kamalakara Sharma Pantangi, Dr. Jayasree Sharma Pantangi, Peesapati Satyasree and Anuradha Akella.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These records establish the existence of substantial institutional funding in addition to public fund mobilisation.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"4\"><li><span style=\"color: #000000;\"><strong> Fundamental Question Requiring Investigation<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A significant investigative issue arises from the coexistence of extensive public collections and large-scale bank financing.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">If public donations, donor contributions, health card collections and corpus fund receipts were genuinely utilized towards hospital construction, it becomes necessary to ascertain why an additional \u20b950 Crore banking facility was required for the same project.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The investigating agency may therefore determine the total amounts collected through donor programmes, health card schemes, membership schemes, corpus funds, real estate schemes and other fundraising activities connected with the project. The relationship between these collections and the bank borrowings requires detailed examination.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"5\"><li><span style=\"color: #000000;\"><strong> Possibility of Dual Funding Structure<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available material indicates the possibility that the hospital project may have been financed through two independent sources simultaneously.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The first source consists of public donations and contributions collected through various DFI programmes. The second source consists of institutional borrowings obtained from banking channels.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The investigation may therefore ascertain whether the project was funded entirely through public contributions, entirely through bank finance or through a combination of both. If both sources contributed towards financing the project, it becomes essential to identify the utilisation pattern of each category of funds and determine the ultimate destination of the public contributions collected.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"6\"><li><span style=\"color: #000000;\"><strong> Financial Risk Indicators Recorded by CRISIL<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The CRISIL assessment itself records several financial concerns relating to the project. The report refers to ongoing project risk, significant leverage, debt-funded expansion, risks of cost overruns, delays in commencement and dependence upon future revenues for viability.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The report further records an Adjusted Debt to Net Worth ratio of approximately negative 40.55 times, indicating a highly leveraged financial position. These observations suggest that the project was dependent upon substantial external funding and faced considerable financial risks even at the rating stage.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"7\"><li><span style=\"color: #000000;\"><strong> Subsequent Non-Disclosure Before CRISIL<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A subsequent CRISIL Advisory dated February 2023 records that DFI Hospitals Private Limited did not provide adequate information required for continuation and review of the rating process.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">CRISIL specifically noted the non-availability of information necessary for proper rating review. Such observations raise important questions concerning transparency, disclosure obligations and the availability of complete financial records for independent scrutiny.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"8\"><li><span style=\"color: #000000;\"><strong> Pattern of Fund Collections Across Multiple Themes<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Material collected from DFI websites and promotional documents indicates a recurring pattern wherein funds were mobilized under multiple emotional, charitable, religious and social themes.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These included hospital development, healthcare services, health cards, Goshala activities, Go Seva programmes, old age home projects, Brahmana welfare initiatives, Satyanarayana Vratham schemes, membership programmes, corpus fund collections and real-estate ventures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Each programme maintained separate appeals and collection mechanisms while operating under the broader DFI umbrella. Collectively, these activities appear to have generated sustained public confidence and facilitated continuous mobilisation of funds from members of society.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"9\"><li><span style=\"color: #000000;\"><strong> Larger Financial Network Discovered During Investigation<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">At the time Crime No.358 of 2023 was initially registered, many complainants were not aware of the full extent of the DFI corporate and financial structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Subsequent examination has revealed the existence of multiple companies, multiple entities, various collection mechanisms, separate donation programmes, banking facilities, online payment systems and interconnected organisational structures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The hospital project therefore cannot be viewed in isolation. Rather, it forms part of a larger network of entities and financial arrangements that may require integrated examination by the investigating authorities.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"10\"><li><span style=\"color: #000000;\"><strong> Matters Requiring Detailed Investigation<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the interests of a complete and transparent investigation, it may be necessary to obtain the complete banking records of DFI Hospitals Private Limited, including sanction documents, loan agreements, utilisation certificates and transaction statements relating to the Union Bank facilities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The total amount collected through hospital donations, health card programmes, donor categories and other public fundraising activities may also be identified and verified. A comprehensive forensic audit may then compare public collections, loan proceeds and actual project expenditure in order to determine whether any diversion, misapplication or unexplained movement of funds has occurred.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The investigation may further ascertain whether the same project was financed simultaneously through public donations and institutional borrowings, and if so, how each category of funds was utilized. Responsibility may thereafter be fixed upon all directors, trustees, promoters, office bearers and beneficiaries found to have participated in the management, control or utilisation of such funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Conclusion<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available material indicates that substantial amounts were collected from members of the public in the name of hospital construction, healthcare services and charitable welfare activities. At the same time, DFI Hospitals Private Limited appears to have obtained banking facilities of approximately \u20b950 Crores for the very same hospital project.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The central question that therefore requires detailed examination is straightforward: if the proposed hospital project was being financed through extensive public donations and contribution schemes, what was the precise utilisation of those public funds, and why was an additional \u20b950 Crore banking facility required?<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These issues merit detailed forensic financial examination by the competent investigating authorities, including CCS, banking regulators, Income Tax authorities and any other agencies empowered to trace the complete financial trail, identify fund utilisation patterns and protect the interests of affected investors and contributors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Analysis of Corporate Network Associated with Kamalakara Sharma Pantangi<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The corporate records reflected in the available database indicate that Mr. Kamalakara Sharma Pantangi (DIN: 00134889) has been associated with a large number of companies operating in diverse sectors over a period exceeding three decades. The records show active and historical involvement in pharmaceuticals, hospitals, construction, real estate, information technology, education, social welfare and infrastructure-related businesses. Such a broad corporate footprint naturally warrants closer examination to understand the nature and extent of interconnections among these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records show that Sree Raghavendra Hospitals Private Limited was incorporated in July 1994 and Sree Siva Raghavendra Remedies Private Limited in May 2001. These entities appear to represent the earliest phase of business activities linked to the group. Subsequently, additional companies were incorporated across unrelated sectors, indicating a gradual expansion from healthcare and pharmaceutical activities into other commercial domains.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Between 2007 and 2017, several additional entities were reportedly incorporated, including DFI Infotech India Private Limited, Dhanwantari Therapeutics Private Limited, Dhanwantari Bhavans Private Limited, Shruti Tutelage Private Limited, DFI Infra Projects Private Limited and DFI I.T. Solutions Private Limited. The incorporation of multiple companies across different industries raises important questions regarding common management, common funding sources and operational relationships between these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available records further indicate that Mr. Kamalakara Sharma Pantangi maintained directorship positions in a significant number of companies simultaneously. According to the information displayed, he has been associated with approximately 19 business entities and multiple associated individuals. Such a corporate structure may require examination to determine whether assets, liabilities, investments or business activities were distributed across different entities under common control.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records also identify several individuals who may have been associated with the same corporate network. These include Dr. Jayasree Sharma Pantangi, Akella Anuradha, Akella Renuka, Padmaja Lakkaraju, Annapurna Sarma Venkata Sreerangam, Rama Mohana Rao Nippani, Satya Sree Peesapati, Vennelaganti Subba Rao and Tata Satya Sai Baba Venkata. The exact nature of their involvement, whether as directors, shareholders, office bearers, associates or related parties, would require verification through official filings and regulatory records.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">From an investigative perspective, authorities may consider examining whether there were inter-company transactions, common bank signatories, common office addresses, related-party dealings, movement of funds between group entities, transfers of assets, development agreements, mortgage transactions or other financial arrangements involving these companies. Such examination may help establish whether the companies functioned independently or formed part of a larger interconnected business structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The existence of multiple companies across different sectors does not by itself establish any wrongdoing. However, where allegations of financial irregularities, diversion of funds or concealment of assets arise, a comprehensive forensic review of all connected entities becomes essential. Such an exercise would help identify the true ownership of assets, the flow of funds, the extent of liabilities and the role of various individuals connected with the corporate network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the interest of transparency and investor protection, it may therefore be appropriate for competent authorities to conduct a detailed examination of all associated companies, directors, shareholders, financial transactions, movable and immovable properties and related-party relationships. A complete understanding of the corporate structure would assist investigators in tracing assets, identifying responsibilities and ensuring that all relevant facts are placed before the appropriate judicial and regulatory authorities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Comprehensive Analysis of the Corporate Network Associated with the DFI Group<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A review of publicly available corporate records relating to the DFI Group indicates the existence of an extensive network of companies operating across a wide range of sectors including pharmaceuticals, hospitals, real estate, construction, information technology, publications, trading, education, social welfare, television and entertainment. The repeated appearance of a relatively small group of individuals as directors across multiple entities raises important questions regarding common management, centralized decision-making and the overall structure of the corporate network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Annapurana Sarma Venkata Sreerangam (DIN: 02841096) is reflected in corporate records as a Director of Sree Siva Raghavendra Remedies Private Limited, a pharmaceutical company incorporated on 10 May 2001. Available records indicate a long-standing association extending for approximately twenty-five years. Such a lengthy association suggests familiarity with the company’s historical operations, management structure, business activities and financial decisions over an extended period.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Anuradha Akella (DIN: 07221829) appears to be one of the key individuals associated with the broader DFI network. Corporate records show her serving as a Director in eight companies spanning real estate, information technology, healthcare, construction and entertainment sectors. These include DFI Infra Projects Private Limited, DFI I.T Solutions Private Limited, DFI Hospitals Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, PSS Avenues Private Limited and Clown Pictures Private Limited. The presence of a single individual across multiple sectors warrants careful examination of the operational and financial relationships among these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Rama Mohana Rao Nippani (DIN: 03483076) is associated primarily with companies engaged in construction and real estate activities, including PJS Avenues Private Limited, Pantangi Avenues Private Limited and DFI Nirmaan Private Limited. His long-standing involvement in these companies may be relevant in understanding property acquisitions, development activities, construction projects and asset-related transactions undertaken within the network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dr. Jayasree Sarma Pantangi (DIN: 00134991) appears to occupy a central position within the corporate structure. Public records reflect her association with eighteen companies over a period exceeding three decades. Her directorships include Dhanwantari Bhavans Private Limited, Shruti Tutelage Private Limited, Sree Raghavendra Hospitals Private Limited, Dhanwantari Therapeutics Private Limited, Dharani Sheltors Private Limited, DFI Publications Private Limited, DFI Traders & Distribution Company Private Limited and DFI Viniyog Private Limited. Her involvement across healthcare, pharmaceuticals, construction, publications, trading and business services suggests a significant role in the overall corporate framework.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Satya Sree Peesapati (DIN: 02608613) is associated with sixteen companies covering real estate, information technology, publications, trading, business services and construction. His directorships include DFI Infra Projects Private Limited, DFI I.T Solutions Private Limited, DFI Publications Private Limited, DFI Traders & Distribution Company Private Limited, DFI Viniyog Private Limited, SRS Avenues Private Limited and PKS Avenues Private Limited. The extensive overlap of directorships across multiple entities highlights the interconnected nature of the corporate structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Padmaja Lakkaraju (DIN: 07220283) is reflected as a Director in DFI Traders & Distribution Company Private Limited and SRS Avenues Private Limited. Her involvement in entities operating within trading and construction sectors may be relevant when examining business relationships and financial transactions among associated companies.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Akella Renuka (DIN: 08988826) appears as a Director in Clown Pictures Private Limited and DFI Television Private Limited. These entities operate within media, publication and entertainment-related sectors. Their role within the larger corporate ecosystem may require examination to determine whether they functioned independently or as part of an integrated group structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Tata Satya Sai Baba Venkata (DIN: 08411344) is reflected as a Director of DFI Television Private Limited. His association with the company appears to extend over several years and may be relevant in understanding media-related operations and corporate communications associated with the group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The overall pattern emerging from these records indicates that several individuals repeatedly appear across multiple entities incorporated between 1994 and 2020. The companies operate in diverse sectors including real estate, construction, healthcare, pharmaceuticals, information technology, publications, trading, television and entertainment. Where a common group of individuals occupies leadership positions across numerous entities, it becomes important to examine the nature of inter-company relationships, financial transactions, asset movements and governance structures.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">This matter is no longer merely a question of corporate structure. Crime No. 358 of 2023 registered by CCS, Hyderabad has already resulted in several directors, management personnel and associated individuals connected with the DFI Group being named as accused persons. A number of such individuals have obtained anticipatory bail, while the principal accused, Dr. Kamalakar Sharma, is presently on regular bail. Proceedings relating to cancellation of bail are also presently under judicial consideration.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Through W.P. No. 17816 of 2026, Victims Rights Protection Trust (Regd. No. 209\/2025) has placed before the Hon’ble High Court serious concerns relating to investor protection, identification of assets, associated companies, benami transactions, alienation of properties and recovery of public funds. The dismissal of the stay relief sought by the accused has further strengthened the process of judicial scrutiny and investigation into the affairs of the DFI network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The primary objective of Victims Rights Protection Trust (Regd. No. 209\/2025) is not retribution, but the protection of investor interests and the lawful recovery of assets. Victims Rights Protection Trust (Regd. No. 209\/2025) seeks the identification of all movable and immovable properties allegedly acquired through public deposits and investor funds, the preservation of such assets under lawful supervision, and the establishment of an independent mechanism to ensure transparency and accountability.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) has consistently maintained that assets acquired through monies collected from thousands of investors must be identified, secured and brought within a transparent recovery framework. The Trust has requested judicial oversight and the formation of an appropriate committee mechanism capable of tracing assets, verifying ownership, examining liabilities and protecting the interests of affected investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The core concept advanced by Victims Rights Protection Trust (Regd. No. 209\/2025) is the creation of a transparent, government-supervised and legally compliant process through which identified assets may be brought to public e-auction, converted into recoverable funds and distributed fairly among all eligible investors. The objective is to ensure that every affected investor receives equitable treatment through a structured and accountable process rather than through private negotiations or informal arrangements.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Accordingly, the ultimate purpose of W.P. No. 17816 of 2026 is the identification of all assets connected with the DFI network, examination of ownership structures, tracing of financial flows, prevention of further alienation of properties, and implementation of a transparent recovery and distribution mechanism. Through these proceedings, Victims Rights Protection Trust (Regd. No. 209\/2025) seeks to maximize recovery for thousands of affected families and secure a fair, lawful and equitable resolution for all investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Report on Additional Companies Floated Under the DFI Corporate Network<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The additional company records indicate that the DFI group and its associated persons floated several companies over a short span of time, particularly between 2007 and 2011. These companies were created across different sectors such as publications, pharmaceuticals, construction, trading, healthcare, travel, advertising, information technology and business services. The pattern suggests that the accused persons did not operate through a single entity alone, but created a wider corporate structure with multiple companies, common addresses, common promoters, common directors and overlapping business purposes.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Common Registered Address Pattern<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A major feature visible from the records is that many companies were registered at the same or similar address, namely 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad, Telangana \u2013 500005. This address appears repeatedly in the records of DFI Publications Private Limited, Dhanwantari Therapeutics Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, Dhanwantari Bhavans Private Limited, Dharani Sheltors Private Limited, DFI Traders & Distribution Company Private Limited, DFI Vihar Private Limited, DFI Infotech India Private Limited, DFI Viniyog Private Limited, DFI Advertising Company Private Limited and DFI Health Care Services Private Limited. This repeated address pattern indicates that the companies may have been centrally controlled or operated from a common base.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Early Pharmaceutical and Healthcare Entities<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Sree Siva Raghavendra Remedies Private Limited was incorporated on 10 May 2001 as a private unlisted Indian non-government company engaged in manufacture of chemicals and chemical products. Its CIN is U24231TG2001PTC036693. The company has an authorized share capital of \u20b95 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 6-3-166, Inner Ring Road, Sivarampally, R.R. District, Telangana. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 30 September 2023. This appears to be one of the older companies in the network and may represent the early pharmaceutical or remedies-related foundation of the group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dhanwantari Therapeutics Private Limited was incorporated on 14 March 2008 as a private unlisted Indian non-government company engaged in manufacture of chemicals and chemical products. Its CIN is U24100TG2008PTC058165. The company has an authorized share capital of \u20b925 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 30 September 2023. This company appears to be part of the healthcare and pharmaceutical projection of the DFI structure.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Health Care Services Private Limited was incorporated on 20 March 2009 as a private unlisted Indian non-government company engaged in health and social work. Its CIN is U85100TG2009PTC063125. The company has an authorized share capital of \u20b95 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, Keshavagiri Post, R.R. District, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. This company appears to have been floated to strengthen the healthcare identity of the group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Publications, Media and Advertising Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Publications Private Limited was incorporated on 24 March 2008 as a private unlisted Indian non-government company engaged in publishing, printing and reproduction of recorded media. Its CIN is U22212TG2008PTC058289. The company has an authorized share capital of \u20b91 lakh and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 29 September 2022. This company may have been used for publication-related activities, promotional materials, printed communications or public image building connected with the DFI group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Advertising Company Private Limited was incorporated on 1 December 2009 as a private unlisted Indian non-government company engaged in other business activities. Its CIN is U74900TG2009PTC066052. The company has an authorized share capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. This company may require examination in relation to advertising, promotional campaigns, investor communications and brand-building activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Construction and Real Estate Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dharani Sheltors Private Limited was incorporated on 17 March 2008 as a private unlisted Indian non-government company engaged in construction. Its CIN is U45400TG2008PTC058202. The company has an authorized share capital of \u20b93 crores and paid-up capital of \u20b91.85 crores. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. The comparatively high paid-up capital of this company makes it an important entity for investigation in relation to construction activities, property acquisition, fund movement and asset creation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Nirmaan Private Limited was incorporated on 1 January 2010 as a private unlisted Indian non-government company engaged in construction. Its CIN is U45200TG2010PTC066524. The company has an authorized share capital of \u20b95 crores and paid-up capital of \u20b91.01 crores. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. This company appears to be one of the major construction entities within the network and should be examined for property development, land transactions, project agreements and source of capital.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Ventures Limited was incorporated on 15 January 2010 as a public unlisted Indian non-government company engaged in construction. Its CIN is U45209TG2010PLC066701. The company has an authorized share capital of \u20b910 crores and paid-up capital of \u20b91.261 crores. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2022 and the last AGM was held on 30 September 2022. Since this company is a public unlisted company with substantial authorized capital, it may be an important vehicle in the larger construction and asset-holding framework.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Dhanwantari Bhavans Private Limited was incorporated on 20 December 2011 as a private unlisted Indian non-government company engaged in construction. Its CIN is U45209TG2011PTC078111. The company has an authorized share capital of \u20b91 lakh and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 30 September 2023. This company appears to be another construction-related entity within the same network and requires scrutiny for property and building-related transactions.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Trading, Business Services and Travel Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Traders & Distribution Company Private Limited was incorporated on 21 June 2008 as a private unlisted Indian non-government company engaged in retail trade. Its CIN is U52100TG2008PTC059788. The company has an authorized share capital of \u20b91.25 crores and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. This company requires investigation to understand whether it had genuine trading operations or whether it was part of the financial and commercial structure of the DFI group.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Viniyog Private Limited was incorporated on 22 December 2008 as a private unlisted Indian non-government company engaged in other business activities. Its CIN is U74900TG2008PTC062309. The company has an authorized share capital of \u20b95 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. The name \u201cViniyog\u201d itself suggests investment or utilization, and therefore this company may require examination for fund routing, business service billing and related-party transactions.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Vihar Private Limited was incorporated on 25 February 2010 as a private unlisted Indian non-government company engaged in supporting and auxiliary transport activities and activities of travel agencies. Its CIN is U63030TG2010PTC067244. The company has an authorized share capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its registered address is 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The latest balance sheet date available is 31 March 2023 and the last AGM was held on 29 September 2023. This company may require examination to determine whether it carried genuine travel-related operations or was connected with group activities, pilgrim services, member services or promotional outreach.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Information Technology Entity<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Infotech India Private Limited was incorporated on 20 December 2007 as a private unlisted Indian non-government company engaged in computer and related activities. Its CIN is U72200TG2007PTC056789. The company status is shown as Strike Off. It had authorized share capital of \u20b92.52 crores and paid-up capital of \u20b913.15 lakhs. Its latest balance sheet date available is 31 March 2014 and the last AGM was held on 29 September 2014. Even though the company is presently struck off, its past financial records, bank accounts, software-related activities, investor database handling, digital communication systems and website operations may remain relevant for investigation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Capital Pattern and Financial Questions<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The records show a pattern where several companies had low paid-up capital of \u20b91 lakh, while some companies carried substantially higher authorized capital or paid-up capital. Dharani Sheltors Private Limited had paid-up capital of \u20b91.85 crores, DFI Nirmaan Private Limited had paid-up capital of \u20b91.01 crores and DFI Ventures Limited had paid-up capital of \u20b91.261 crores. DFI Infotech India Private Limited, though struck off, had paid-up capital of \u20b913.15 lakhs and authorized capital of \u20b92.52 crores. These differences require careful financial examination to identify the source of capital, shareholders, bank transactions, inter-company transfers and possible links with investor funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Pattern of Incorporation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A notable feature is that many companies were incorporated in a concentrated period from December 2007 to January 2010. DFI Infotech India Private Limited was incorporated in December 2007, Dhanwantari Therapeutics Private Limited and Dharani Sheltors Private Limited in March 2008, DFI Publications Private Limited in March 2008, DFI Traders & Distribution Company Private Limited in June 2008, DFI Viniyog Private Limited in December 2008, DFI Health Care Services Private Limited in March 2009, DFI Advertising Company Private Limited in December 2009, DFI Nirmaan Private Limited in January 2010, DFI Ventures Limited in January 2010 and DFI Vihar Private Limited in February 2010. This indicates rapid expansion of the corporate network within a limited time frame.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Relevance to Crime No.358 of 2023 and W.P. No.17816 of 2026<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">These companies assume serious relevance in view of Crime No.358 of 2023 registered by CCS, Hyderabad, in which the DFI group, directors, promoters and associated persons are under investigation. The existence of several companies across multiple sectors creates a need to verify whether funds collected from investors, members, depositors or contributors were moved into any of these companies, used to acquire properties, shown as business capital, routed as loans, transferred through related-party transactions or utilized for asset creation.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Through W.P. No.17816 of 2026, Victims Rights Protection Trust (Regd. No. 209\/2025) has brought before the Hon\u2019ble High Court of Telangana the need for identification of all DFI-linked companies, properties, bank accounts, directors, shareholders, benami holders, transactions and assets. Victims Rights Protection Trust (Regd. No. 209\/2025) seeks a transparent mechanism for tracing the assets, preserving them from further alienation and ensuring that such assets are eventually made available for recovery and distribution to affected investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Main Concern of Victims Rights Protection Trust (Regd. No. 209\/2025)<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The central concern of Victims Rights Protection Trust (Regd. No. 209\/2025) is that the companies may have been floated, expanded or used as part of a broader structure through which public deposits and investor funds were collected, routed, parked, invested or converted into assets. Therefore, each company must be examined not merely as a separate legal entity but as a possible part of an interconnected financial and asset-holding network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Suggested Investigation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The competent authorities may examine the incorporation documents, Memorandum and Articles of Association, shareholding patterns, directors\u2019 details, annual returns, balance sheets, bank statements, income tax records, GST records, loan documents, mortgage documents, charge records, property purchases, development agreements, related-party transactions and inter-company fund transfers of all the above companies. Such examination may reveal the real source of funds, beneficial ownership of assets and the role played by directors and associated persons.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Conclusion for this PART.<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The available corporate details indicate that the accused and associated persons floated a large number of companies under the DFI and Dhanwantari-related network across healthcare, construction, pharmaceuticals, publications, advertising, trading, IT, travel and business services. Many of these companies shared the same registered address, similar management pattern and overlapping persons. In the background of Crime No.358 of 2023 and the proceedings in W.P. No.17816 of 2026, these companies must be treated as material entities requiring full forensic examination.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) seeks that all assets, bank accounts, properties, investments and financial trails connected with these companies be identified, protected and brought under lawful supervision. The ultimate object is to ensure that properties and assets allegedly created from public deposits and investor funds are not alienated, concealed or misused, but are brought into a transparent recovery framework, subjected to lawful e-auction wherever appropriate, and distributed equitably among all affected investors under proper supervision.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>DFI OVERVIEW \u2013 PART II<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Analytical Report on Additional Companies, Common Directors and Asset-Tracing Requirements<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The company overview placed for consideration shows that the DFI-related corporate network is much wider than a single trust, company or hospital entity. The records indicate that at least twenty-six companies are associated with the DFI, Dhanwantari, Raghavendra, Pantangi and Avenues naming pattern. These companies are shown as being incorporated in Telangana and are spread across healthcare, hospitals, pharmaceuticals, real estate, construction, publications, advertising, trading, information technology, travel services, education, television and related activities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Broad Corporate Network<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The list shows that several companies are still active, while DFI Infotech India Private Limited is shown as \u201cStrike Off\u201d. The active companies include DFI Publications Private Limited, Dhanwantari Therapeutics Private Limited, Sree Siva Raghavendra Remedies Private Limited, DFI Nirmaan Private Limited, DFI Ventures Limited, Dhanwantari Bhavans Private Limited, Dharani Sheltors Private Limited, DFI Traders & Distribution Company Private Limited, DFI Vihar Private Limited, DFI Viniyog Private Limited, DFI Advertising Company Private Limited, DFI Health Care Services Private Limited, DFI Hospitals Private Limited, Shruti Tutelage Private Limited, Sree Raghavendra Hospitals Pvt Ltd, DFI Infra Projects Private Limited, DFI I.T Solutions Private Limited, DFI Television Private Limited, Pantangi Avenues Private Limited, PJS Avenues Private Limited, DFI Upahar Private Limited, PSS Avenues Private Limited, SRS Avenues Private Limited, VSR Avenues Private Limited and PKS Avenues Private Limited.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Repeated Common Directors<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The overview shows that many of these companies have common directors. DFI Traders & Distribution Company Private Limited, DFI Viniyog Private Limited and DFI Advertising Company Private Limited show four common directors each. Several other companies show two or three common directors. This pattern strongly indicates that the companies were not isolated or independent in practical terms, but may have functioned as a connected corporate structure under overlapping control and management.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Common Address Pattern<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">A striking feature in the company details is the repeated use of the same registered address, namely 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad, Telangana \u2013 500005. This address appears in the records of DFI Hospitals Private Limited, Shruti Tutelage Private Limited, DFI Infra Projects Private Limited, Pantangi Avenues Private Limited, PJS Avenues Private Limited, PSS Avenues Private Limited, SRS Avenues Private Limited, VSR Avenues Private Limited, PKS Avenues Private Limited and Sree Raghavendra Hospitals Pvt Ltd. This common address pattern requires serious examination to determine whether these companies were centrally managed from the same premises.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Healthcare and Hospital Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Hospitals Private Limited was incorporated on 05 May 2009 and is shown as an active private unlisted company engaged in health and social work. Its authorized share capital is \u20b910 crores, while its paid-up capital is only \u20b91 lakh. The company\u2019s CIN is U85100TG2009PTC063543 and its registered office is at 8-1-206\/A, Raghavendra Hills, Mylardevpally, near Kattedan, Rajendranagar Mandal, Hyderabad \u2013 500005. The major difference between authorized capital and paid-up capital requires scrutiny, particularly because hospital-related claims were reportedly used to create public confidence among investors.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Shruti Tutelage Private Limited was incorporated on 10 April 2013 and is also shown as active. It is engaged in health and social work, with authorized and paid-up capital of \u20b91 lakh each. Its CIN is U85100TG2013PTC086920 and it shares the same Raghavendra Hills address. Though the company name suggests education or tutelage, its main business line is shown as health and social work. This mismatch between name and business classification may require examination.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Sree Raghavendra Hospitals Pvt Ltd is one of the oldest entities in the network. It was incorporated on 05 July 1994 and is shown as active. Its authorized share capital is \u20b95 crores and paid-up capital is \u20b966.05 lakhs. Its CIN is U85110TG1994PTC017860 and the registered address is D.No.8-1-206\/A, Raghavendra Hills, Mylardevpally, Keshavagiri Post, Hyderabad \u2013 500005. Being a long-standing company connected with health and social work, this entity requires detailed scrutiny with respect to hospital assets, mortgage transactions, loan records, land ownership, and any relationship with investor funds.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Real Estate and Infrastructure Company<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">DFI Infra Projects Private Limited was incorporated on 19 December 2017 and is shown as active. It is engaged in real estate activities. Its authorized share capital is \u20b95.50 crores and paid-up capital is \u20b93.76535 crores. Its CIN is U70109TG2017PTC121325 and it shares the same Raghavendra Hills address. This company stands out because of its high paid-up capital and real estate classification. It should be treated as a key entity for examination of land purchases, project development, property sales, mortgages, agreements, and fund sources.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Construction and Avenues Companies<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Pantangi Avenues Private Limited was incorporated on 01 September 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45200TG2009PTC064908 and it shares the same Raghavendra Hills address. The use of the \u201cPantangi\u201d name is significant and the company should be examined for property-related transactions, especially because of its direct naming link with the principal accused family.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">PJS Avenues Private Limited was incorporated on 16 July 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45209TG2009PTC064406 and it also shares the Raghavendra Hills address. Its role must be examined along with related Avenues companies to identify whether lands, layouts, development agreements or sale proceeds passed through these entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">PSS Avenues Private Limited was incorporated on 15 July 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45209TG2009PTC064376 and it shares the same registered address. The date of incorporation, common address and common business line indicate that it may be part of a cluster of real estate and construction entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">SRS Avenues Private Limited was incorporated on 04 February 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45400TG2009PTC062716 and it shares the same address. This company also falls within the Avenues cluster and requires examination of land transactions, capital source, directors, bank statements and inter-company dealings.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">VSR Avenues Private Limited was incorporated on 18 July 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45400TG2009PTC064422 and it shares the same Raghavendra Hills address. Its incorporation date is close to PJS Avenues and PSS Avenues, suggesting a simultaneous or coordinated creation of construction-related entities.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">PKS Avenues Private Limited was incorporated on 17 February 2009 and is shown as active. It is engaged in construction, with authorized capital of \u20b92 lakhs and paid-up capital of \u20b91 lakh. Its CIN is U45200TG2009PTC062798 and it shares the same address. This company, along with PJS, PSS, SRS, VSR and Pantangi Avenues, must be examined as part of the broader construction and land-holding network.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Capital and Asset Concerns<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The data shows several companies with low paid-up capital but active status for many years. At the same time, certain entities such as DFI Hospitals Private Limited, DFI Infra Projects Private Limited, DFI Ventures Limited, DFI Nirmaan Private Limited, Dharani Sheltors Private Limited and Sree Raghavendra Hospitals Pvt Ltd show higher authorized or paid-up capital. This contrast raises questions regarding the actual source of capital, movement of funds, related-party transactions, shareholder contributions, loans, mortgages and possible conversion of investor funds into corporate assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Pattern of Company Creation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The timeline shows that many construction and Avenues companies were incorporated during 2009, while healthcare, real estate and DFI-branded companies were created before and after that period. This pattern suggests organized expansion into multiple sectors. It becomes necessary to examine whether each company had genuine independent business operations or whether these entities were floated to hold assets, route funds, create credibility, or distribute transactions across multiple legal vehicles.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Relevance to Crime No.358 of 2023<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the background of Crime No.358 of 2023 registered by CCS, Hyderabad, these companies become highly relevant. CCS Hyderabad has already taken steps by seizing or identifying several lands, properties and bank accounts. However, the concern of victims is that the accused may have concealed many more assets, including non-recorded properties, private holdings, gold in bank lockers, cash in hand, black money, secret accounts, mobile phone records, digital evidence, contribution accounts and undisclosed investment trails.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Concern Regarding Sale of Lands During Investigation<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">One of the most serious concerns is that the accused persons allegedly continued to sell or deal with lands even during the period of investigation. If any sale deeds, agreements, GPAs, mortgages, development agreements or transfers occurred after the registration of the criminal case or during the pendency of court proceedings, such transactions require urgent scrutiny. Such transactions may directly affect the recovery rights of investors and may reduce the asset pool available for repayment.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Investigation of Hidden Assets<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) respectfully submits that the present issue is not limited to assets already discovered by CCS Hyderabad. The real question is whether the accused have fully disclosed all assets before the police and courts. The Trust believes that additional assets may still be hidden in the form of unrecorded lands, family properties, benami holdings, bank lockers, gold, jewellery, cash reserves, secret bank accounts, personal investments, third-party holdings and movable assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Digital and Mobile Phone Evidence<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Mobile phones, laptops, computers, email accounts, WhatsApp chats, cloud storage, digital wallets and other electronic devices may contain crucial information regarding sale negotiations, receipt of cash, land transfers, investor communications, internal instructions and hidden accounts. Forensic examination of such digital evidence may reveal important facts that are not visible from company records alone.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Financial and Statutory Records<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Victims Rights Protection Trust (Regd. No. 209\/2025) seeks examination of the last six years of balance sheets, annual returns, bank statements, auditor reports, income tax returns, GST records, contribution account statements, investor ledgers, membership records, commission records, loan files, charge documents and mortgage records of all companies and associated persons. This examination is necessary to trace the real flow of funds and identify whether investor money was diverted into corporate or private assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Need for Government-Supervised Recovery Mechanism<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Through W.P. No.17816 of 2026, Victims Rights Protection Trust (Regd. No. 209\/2025) has placed before the Hon\u2019ble High Court the need for a transparent recovery mechanism. The purpose is to identify all known and unknown assets, prevent further alienation, preserve digital and documentary evidence, bring all recoverable properties under lawful control, and create a complete asset pool for recovery.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Main Objective<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">The objective of Victims Rights Protection Trust (Regd. No. 209\/2025) is not to interfere with the work already done by CCS Hyderabad. The objective is to support and strengthen the investigation by ensuring that no concealed asset, secret account, benami property, gold holding, cash reserve, digital trail or private asset escapes scrutiny. The Trust believes that the accused have not fully disclosed several important facts before the police and courts, and therefore a deeper investigation is necessary.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>FINAL PRAYER<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">In the foregoing circumstances, and having regard to the gravity of the allegations involved in Crime No.358 of 2023, the dismissal of the connected Criminal Appeals before the Hon’ble High Court, and the pendency of W.P. No.17816 of 2026 wherein notices have already been issued to the concerned Government and Police authorities, the Victims Rights Protection Trust (Regd. No.209\/2025) most respectfully prays that your good office may be pleased to initiate immediate and appropriate action on the following issues:<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol><li><span style=\"color: #000000;\"><strong> Action Against Co-Accused Persons<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To examine the role of all co-accused persons, directors, trustees, office bearers, representatives, associates, agents, beneficiaries and other persons connected with the DFI network, and wherever sufficient material is available, to initiate appropriate legal proceedings including arrest, custodial interrogation and remand in accordance with law.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"2\"><li><span style=\"color: #000000;\"><strong> Examination of Bail Violations<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To verify the repeated instances of alleged violation of bail conditions by the accused persons and, upon satisfaction, to forward appropriate recommendations to the learned Public Prosecutor and competent authorities for initiation of proceedings for cancellation of bail.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"3\"><li><span style=\"color: #000000;\"><strong> Securing of DFI Amberpet Office<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To secure, preserve and protect the DFI Amberpet office premises and all records maintained therein until further orders of the competent Court, so as to prevent tampering, destruction or removal of evidence. Any future access may be permitted only under judicial supervision or with appropriate permission from the competent Court.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"4\"><li><span style=\"color: #000000;\"><strong> Seizure and Forensic Examination of Digital Evidence<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To immediately identify, seize, preserve and subject to forensic examination all digital devices and records connected with the accused persons and associated entities, including:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"color: #000000;\">Mobile phones;<\/span><\/li><li><span style=\"color: #000000;\">Computers and laptops;<\/span><\/li><li><span style=\"color: #000000;\">Hard disks and storage devices;<\/span><\/li><li><span style=\"color: #000000;\">E-mail accounts;<\/span><\/li><li><span style=\"color: #000000;\">Cloud storage accounts;<\/span><\/li><li><span style=\"color: #000000;\">WhatsApp communications;<\/span><\/li><li><span style=\"color: #000000;\">Call Detail Records (CDRs);<\/span><\/li><li><span style=\"color: #000000;\">Digital transaction records;<\/span><\/li><li><span style=\"color: #000000;\">Social media accounts and communication platforms.<\/span><\/li><\/ul><\/li><\/ul><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Particular emphasis may be placed on recovery and analysis of data relating to the last several years so as to identify hidden assets, fund transfers, property transactions, communications and destruction of evidence, if any.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"5\"><li><span style=\"color: #000000;\"><strong> Investor Verification Statements<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To consider issuing official investor verification statements indicating:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"color: #000000;\">Principal amount invested;<\/span><\/li><li><span style=\"color: #000000;\">Amount acknowledged during investigation;<\/span><\/li><li><span style=\"color: #000000;\">Status of verification;<\/span><\/li><li><span style=\"color: #000000;\">Recovery position;<\/span><\/li><li><span style=\"color: #000000;\">Distribution eligibility status;<\/span><\/li><li><span style=\"color: #000000;\">Any other relevant particulars available with the investigating agency.<\/span><\/li><\/ul><\/li><\/ul><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Such transparency would greatly assist thousands of investors and prevent misinformation and confusion.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"6\"><li><span style=\"color: #000000;\"><strong> Protection of Victims<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To ensure that victims and investors are not directed to approach accused persons for settlement, verification or documentation purposes.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Information received from several victims indicates that signatures may allegedly be obtained on blank papers, declarations, vakalat forms or other documents. Any verification process may therefore be undertaken only through CCS or through a Court-approved mechanism to safeguard the legal rights of investors.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"7\"><li><span style=\"color: #000000;\"><strong> Comprehensive Asset Discovery Exercise<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To undertake a complete and exhaustive asset-tracing exercise covering:<\/span><\/p><ul><li style=\"list-style-type: none;\"><ul><li><span style=\"color: #000000;\">Movable and immovable properties;<\/span><\/li><li><span style=\"color: #000000;\">Benami assets;<\/span><\/li><li><span style=\"color: #000000;\">Agricultural and non-agricultural lands;<\/span><\/li><li><span style=\"color: #000000;\">Apartments, villas and commercial properties;<\/span><\/li><li><span style=\"color: #000000;\">Gold, jewellery and valuables;<\/span><\/li><li><span style=\"color: #000000;\">Bank lockers;<\/span><\/li><li><span style=\"color: #000000;\">Domestic and foreign bank accounts;<\/span><\/li><li><span style=\"color: #000000;\">Contribution and donation accounts;<\/span><\/li><li><span style=\"color: #000000;\">Corporate investments;<\/span><\/li><li><span style=\"color: #000000;\">Shares and securities;<\/span><\/li><li><span style=\"color: #000000;\">Related-party transactions;<\/span><\/li><li><span style=\"color: #000000;\">Digital assets and virtual holdings;<\/span><\/li><li><span style=\"color: #000000;\">Undisclosed income streams;<\/span><\/li><li><span style=\"color: #000000;\">Assets held in the names of associates, nominees or beneficiaries.<\/span><\/li><\/ul><\/li><\/ul><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Further scrutiny may also be undertaken of the financial statements, annual returns, balance sheets, statutory filings and corporate records of all DFI-linked entities and associated companies.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"8\"><li><span style=\"color: #000000;\"><strong> Further Custodial Interrogation, if Required<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">If legally permissible and considered necessary by the investigating agency, to take appropriate steps for further custodial interrogation of the principal accused and other relevant persons for tracing concealed assets, identifying beneficiaries, recovering digital evidence and establishing the complete financial trail.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"9\"><li><span style=\"color: #000000;\"><strong> Recovery and Distribution Mechanism<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">To take necessary steps towards creation of a transparent, Court-monitored and Government-supervised recovery framework, including identification, attachment, preservation and valuation of all available assets.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Any future recovery process, including public e-auction of attached properties wherever legally permissible, should be undertaken only after complete asset identification so as to maximize realization and ensure equitable distribution among all eligible investors.<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol start=\"10\"><li><span style=\"color: #000000;\"><strong> Urgent Action in Public Interest<\/strong><\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">Considering:<\/span><\/p><ol><li style=\"list-style-type: none;\"><ol><li><span style=\"color: #000000;\">Crime No.358 of 2023 registered by CCS, Hyderabad;<\/span><\/li><li><span style=\"color: #000000;\">Disposal of the connected Criminal Appeals before the Hon’ble High Court;<\/span><\/li><li><span style=\"color: #000000;\">Pendency of W.P. No.17816 of 2026;<\/span><\/li><li><span style=\"color: #000000;\">Notices issued by the Hon’ble High Court to senior Government and Police authorities;<\/span><\/li><li><span style=\"color: #000000;\">The continuing hardship faced by thousands of affected investors;<\/span><\/li><\/ol><\/li><\/ol><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 We most respectfully request your good office to treat this representation as a matter of utmost urgency and to take immediate investigative, preventive and recovery measures for safeguarding investor interests, preserving evidence, securing assets and ensuring that the objectives of law are fully achieved.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The Victims Rights Protection Trust reiterates that its objective is not confrontation but lawful recovery, transparency, accountability and protection of investor interests through due process of law. We remain committed to extending full cooperation to the investigating agency and all competent authorities in achieving these objectives.<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong><em>Declaration<\/em><\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong><em>\u00a0 This Representation is submitted bonafide in the interest of protection of depositors and recovery of investor funds. The Victims Rights Protection Trust (VRPT) and affected investors remain committed to extending lawful cooperation to CCS, Competent Authorities and Courts. The objective of this Representation is to assist the investigation, facilitate recovery of concealed assets and ensure eventual restitution of investor funds through lawful and transparent mechanisms.<\/em><\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong><em>\u00a0“The victims do not desire to initiate further litigation against CCS or any Government authority. It is sincerely hoped that consequential recovery proceedings will now be initiated pursuant to the Hon’ble High Court Judgment dated 05-05-2026. However, if recovery-related measures continue to remain unattended despite repeated representations and judicial developments, the victims may be compelled to seek appropriate directions from the Hon’ble High Court. It is earnestly hoped that such a situation will not arise and that the matter will progress through administrative and legal action by the concerned authorities themselves.”<\/em><\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Kalle Giri Prasad Sarma<\/strong><\/span><br \/><span style=\"color: #000000;\">Convenor<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\"><strong>Mamillapally Vijay Kumar<\/strong><\/span><br \/><span style=\"color: #000000;\">Co-Convenor<\/span><\/p><p style=\"padding-left: 40px;\"><span style=\"color: #000000;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <strong>\/06\/2026<\/strong><\/span><\/p><p style=\"padding-left: 40px;\">\u00a0<\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c730695 elementor-widget elementor-widget-image\" data-id=\"c730695\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"427\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-1024x683.jpeg\" class=\"attachment-large size-large wp-image-646\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-1024x683.jpeg 1024w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-300x200.jpeg 300w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47-768x512.jpeg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-05-05-at-19.50.47.jpeg 1536w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-30a1daf elementor-widget elementor-widget-image\" data-id=\"30a1daf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"361\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-1024x577.jpeg\" class=\"attachment-large size-large wp-image-650\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-1024x577.jpeg 1024w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-300x169.jpeg 300w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-768x433.jpeg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00-1536x866.jpeg 1536w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2026\/05\/WhatsApp-Image-2026-04-24-at-15.31.00.jpeg 1600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2243b80 elementor-widget elementor-widget-image\" data-id=\"2243b80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"895\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-732x1024.jpg\" class=\"attachment-large size-large wp-image-228\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-732x1024.jpg 732w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-214x300.jpg 214w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-768x1074.jpg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE-1098x1536.jpg 1098w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/TRUSTDEED-SCAN-MAIN-PAGE.jpg 1248w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9271005 e-flex e-con-boxed e-con e-parent\" data-id=\"9271005\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ca51532 elementor-widget elementor-widget-image\" data-id=\"ca51532\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"895\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-732x1024.jpg\" class=\"attachment-large size-large wp-image-226\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-732x1024.jpg 732w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-214x300.jpg 214w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-768x1074.jpg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8-1098x1536.jpg 1098w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/8.jpg 1248w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3b37a9b e-flex e-con-boxed e-con e-parent\" data-id=\"3b37a9b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ba80003 elementor-widget elementor-widget-image\" data-id=\"ba80003\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"895\" src=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-732x1024.jpg\" class=\"attachment-large size-large wp-image-227\" alt=\"\" srcset=\"https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-732x1024.jpg 732w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-214x300.jpg 214w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-768x1074.jpg 768w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK-1098x1536.jpg 1098w, https:\/\/victimsrightsprotectiontrust.com\/wp-content\/uploads\/2025\/10\/MAIN-BACK.jpg 1248w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9b76cad e-flex e-con-boxed e-con e-parent\" data-id=\"9b76cad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-29a3a9a e-flex e-con-boxed e-con e-parent\" data-id=\"29a3a9a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01dbe53 elementor-widget elementor-widget-html\" data-id=\"01dbe53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t```html\r\n<!DOCTYPE html>\r\n<html lang=\"en\">\r\n<head>\r\n<meta charset=\"UTF-8\">\r\n<meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\">\r\n\r\n<title>DFI Victims Forum<\/title>\r\n\r\n<style>\r\n\r\nbody{\r\n margin:0;\r\n padding:0;\r\n background:#f6fbff;\r\n font-family: \"Segoe UI\", Arial, sans-serif;\r\n color:#1f2937;\r\n}\r\n\r\n.main-container{\r\n width:90%;\r\n max-width:1100px;\r\n margin:40px auto;\r\n background:#ffffff;\r\n border-radius:30px;\r\n overflow:hidden;\r\n box-shadow:0 15px 40px rgba(0,0,0,0.08);\r\n border:1px solid #dbeafe;\r\n}\r\n\r\n.header{\r\n padding:60px 50px;\r\n text-align:center;\r\n background:linear-gradient(135deg,#eff6ff,#fefce8,#fdf2f8);\r\n}\r\n\r\n.header h1{\r\n margin:0;\r\n font-size:42px;\r\n color:#0f172a;\r\n font-weight:800;\r\n letter-spacing:1px;\r\n}\r\n\r\n.header h2{\r\n margin-top:15px;\r\n color:#1d4ed8;\r\n font-size:22px;\r\n font-weight:600;\r\n}\r\n\r\n.header-line{\r\n width:120px;\r\n height:5px;\r\n background:#60a5fa;\r\n margin:25px auto 0;\r\n border-radius:20px;\r\n}\r\n\r\n.content{\r\n padding:50px;\r\n}\r\n\r\n.intro-box{\r\n background:#f8fafc;\r\n border-left:6px solid #2563eb;\r\n padding:30px;\r\n border-radius:20px;\r\n font-size:20px;\r\n line-height:1.9;\r\n color:#334155;\r\n box-shadow:0 6px 18px rgba(0,0,0,0.05);\r\n}\r\n\r\n.section{\r\n margin-top:40px;\r\n}\r\n\r\n.section-title{\r\n font-size:28px;\r\n font-weight:700;\r\n color:#0f172a;\r\n margin-bottom:20px;\r\n position:relative;\r\n}\r\n\r\n.section-title:after{\r\n content:'';\r\n display:block;\r\n width:90px;\r\n height:4px;\r\n background:#93c5fd;\r\n border-radius:20px;\r\n margin-top:10px;\r\n}\r\n\r\n.paragraph-box{\r\n background:#ffffff;\r\n border:1px solid #e2e8f0;\r\n border-radius:24px;\r\n padding:32px;\r\n margin-bottom:28px;\r\n box-shadow:0 6px 18px rgba(15,23,42,0.05);\r\n transition:0.3s ease;\r\n}\r\n\r\n.paragraph-box:hover{\r\n transform:translateY(-4px);\r\n box-shadow:0 12px 28px rgba(15,23,42,0.08);\r\n}\r\n\r\n.paragraph-box p{\r\n margin:0;\r\n font-size:18px;\r\n line-height:2;\r\n color:#334155;\r\n text-align:justify;\r\n}\r\n\r\n.highlight{\r\n background:linear-gradient(135deg,#dbeafe,#fef9c3);\r\n padding:30px;\r\n border-radius:24px;\r\n text-align:center;\r\n margin-top:45px;\r\n box-shadow:0 10px 25px rgba(0,0,0,0.06);\r\n}\r\n\r\n.highlight h3{\r\n margin:0;\r\n font-size:30px;\r\n color:#0f172a;\r\n}\r\n\r\n.highlight p{\r\n margin-top:15px;\r\n font-size:20px;\r\n line-height:1.8;\r\n color:#374151;\r\n font-weight:500;\r\n}\r\n\r\n.footer{\r\n background:#f8fafc;\r\n text-align:center;\r\n padding:30px;\r\n color:#334155;\r\n font-size:17px;\r\n border-top:1px solid #e2e8f0;\r\n font-weight:600;\r\n}\r\n\r\n@media(max-width:768px){\r\n\r\n.header{\r\n padding:40px 25px;\r\n}\r\n\r\n.header h1{\r\n font-size:30px;\r\n}\r\n\r\n.header h2{\r\n font-size:18px;\r\n}\r\n\r\n.content{\r\n padding:25px;\r\n}\r\n\r\n.intro-box{\r\n font-size:17px;\r\n}\r\n\r\n.paragraph-box p{\r\n font-size:16px;\r\n}\r\n\r\n.section-title{\r\n font-size:24px;\r\n}\r\n\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n\r\n<body>\r\n\r\n<div class=\"main-container\">\r\n\r\n <div class=\"header\">\r\n <h1>DFI Victims Forum<\/h1>\r\n <h2>The Collective Legal Journey of Thousands of Investors<\/h2>\r\n <div class=\"header-line\"><\/div>\r\n <\/div>\r\n\r\n <div class=\"content\">\r\n\r\n <div class=\"intro-box\">\r\n The story of the DFI Victims Forum is not merely a legal battle. \r\n It is the collective voice of thousands of ordinary investors who came together \r\n after realizing that their hard-earned savings, retirement funds, and future security \r\n had become trapped in a large and deeply structured financial network operating under \r\n the banner of Dhanwantari Foundation International (DFI) and its associated entities.\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n The Beginning of the Movement\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n At the center of this movement stood Sri K.N. Giri Prasad and \r\n Sri Mamillapally Vijaykumar, who gradually transformed scattered grievances \r\n into an organized legal and social movement. What initially appeared to be \r\n isolated complaints slowly unfolded into a statewide issue involving thousands \r\n of victims, multiple entities, real estate ventures, debenture schemes, \r\n financial collections, and interconnected companies.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n One of the biggest challenges faced by the victims was the complete absence \r\n of coordination. Investors were spread across different districts, many were \r\n elderly citizens, and several were emotionally broken. Most victims had no \r\n legal guidance or understanding about how to proceed. At that stage, \r\n Sri K.N. Giri Prasad and Sri Mamillapally Vijaykumar personally started \r\n gathering information from affected investors, collecting receipts, agreements, \r\n payment records, investment details, company records, and documentary evidence.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Formation of DFI Victims Forum & VRPT\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n Over time, this effort evolved into the formation of the \r\n \u201cDFI Victims Forum,\u201d which later received structural and legal backing through \r\n the establishment of the Victims Rights Protection Trust (VRPT). \r\n The purpose of VRPT was not merely public protest or media publicity, \r\n but to create a legally recognized platform capable of representing \r\n investors before courts, police authorities, media agencies, and \r\n government institutions.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n Through systematic coordination, the Forum gradually exposed that the matter \r\n was not confined to one or two transactions or a simple civil dispute. \r\n The records gathered reflected a vast corporate structure involving multiple \r\n sectors such as publications, real estate ventures, hospitals, remedies, \r\n advertising, infra projects, IT solutions, traders, hospitality, healthcare, \r\n and media-related entities.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Public Awareness and Media Efforts\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n One of the major contributions of Sri K.N. Giri Prasad and \r\n Sri Mamillapally Vijaykumar was the expansion of public awareness. \r\n Through WhatsApp coordination, victim meetings, documentation drives, \r\n media exposure, and continuous communication, the Forum succeeded in \r\n bringing hundreds and later thousands of affected investors together.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n Many victims who had remained silent out of fear or hopelessness \r\n began approaching the Forum with records and complaints. \r\n This collective realization became the foundation of the larger movement \r\n and transformed the issue into a major public concern involving \r\n alleged large-scale economic offences.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Legal Proceedings Before the High Court\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n The Forum\u2019s work extended far beyond media statements. \r\n Continuous legal proceedings were initiated through implead petitions, \r\n counters, criminal petitions, written submissions, victim coordination, \r\n and representations before investigating authorities and the Hon\u2019ble \r\n High Court for the State of Telangana.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n The legal submissions highlighted that thousands of investors had not yet \r\n been properly heard and that the investigation required expansion to expose \r\n the full extent of the alleged fraud network. The Forum also repeatedly \r\n raised concerns regarding continuation of activities, handling of properties, \r\n preservation of evidence, and protection of investor interests.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"section\">\r\n\r\n <div class=\"section-title\">\r\n Present Status of the Case\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n The legal struggle eventually reached a crucial stage before the \r\n Hon\u2019ble High Court of Telangana. Multiple petitions connected with \r\n the accused side came under judicial scrutiny. Ultimately, the Hon\u2019ble \r\n High Court pronounced orders dismissing the petitions filed by the accused side, \r\n and the stay protection also came to an end.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n However, despite these developments, the concerns of the victims \r\n have not completely ended. The DFI Victims Forum continues to maintain \r\n that the matter remains highly sensitive because allegations continue \r\n regarding sale of lands, handling of properties, and movement of assets. \r\n Therefore, the Forum continues to seek stronger investigation, preservation \r\n of records, and protection of investor interests.\r\n <\/p>\r\n <\/div>\r\n\r\n <div class=\"paragraph-box\">\r\n <p>\r\n At the same time, the accused continues to maintain innocence, and \r\n final determination of criminal liability remains subject to investigation, \r\n evidence, and judicial process. The Forum therefore continues its legal and \r\n public efforts while respecting the due process of law.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"highlight\">\r\n <h3>\r\n From Silence to Legal Recognition\r\n <\/h3>\r\n\r\n <p>\r\n The journey of the DFI Victims Forum represents how ordinary investors, \r\n senior citizens, middle-class families, and financially distressed victims \r\n united under organized leadership to transform scattered suffering into \r\n a structured legal movement before the courts and the public domain.\r\n <\/p>\r\n <\/div>\r\n\r\n <\/div>\r\n\r\n <div class=\"footer\">\r\n DFI Victims Forum | Victims Rights Protection Trust (VRPT) | Hyderabad\r\n <\/div>\r\n\r\n<\/div>\r\n\r\n<\/body>\r\n<\/html>\r\n```\r\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Preliminary Prayer & Submission \u2014 Before the Additional Affidavit In the High Court for the State of Telangana at Hyderabad Preliminary Prayer and Submission Before the Additional Affidavit Most Respectfully Sheweth At the very threshold, the Petitioner\/Deponent most respectfully submits that the present Additional Affidavit is being placed before this Hon’ble Court not merely to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-643","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages\/643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=643"}],"version-history":[{"count":70,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages\/643\/revisions"}],"predecessor-version":[{"id":906,"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=\/wp\/v2\/pages\/643\/revisions\/906"}],"wp:attachment":[{"href":"https:\/\/victimsrightsprotectiontrust.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}