Sekarreporter1: [9/23, 12:56] Sekarreporter1: https://twitter.com/sekarreporter1/status/1573211382069489665?t=Bkio10zJSBjJ1FjqL58SLw&s=08 [9/23, 12:56] Sekarreporter1: Justice GK Ilanthiraiyan of Madras High Court quashes two FIRs registered against S. Jagathrakshakan of DMK in connection with alleged grabbing of land belonging to Chrome Leather Company. @THChennai [9/23, 14:44] Sekarreporter1: [9/23, 13:14] Sures k advocate mhc– Note: On 27-06-1993, Central Bank of India advertised in “The Hindu” a daily magazine, for the purpose of selling the shares of M/s.The Chrome Leather Company Limited invited tenders. M/s.Sri VKK Charities participated in the Tender and later, it became declared as Successful Bidder. Due to litigations, the Bid had not been confirmed till 1995.

[9/23, 12:57] Sekarreporter1: [9/23, 12:56] Sekarreporter1: https://twitter.com/sekarreporter1/status/1573211382069489665?t=Bkio10zJSBjJ1FjqL58SLw&s=08
[9/23, 12:56] Sekarreporter1: Justice GK Ilanthiraiyan of Madras High Court quashes two FIRs registered against S. Jagathrakshakan of DMK in connection with alleged grabbing of land belonging to Chrome Leather Company. @THChennai
[9/23, 14:44] Sekarreporter1: [9/23, 13:14] Sures k advocate mhc– Note:
On 27-06-1993, Central Bank of India advertised in “The Hindu” a daily magazine, for the purpose of selling the shares of M/s.The Chrome Leather Company Limited invited tenders.
M/s.Sri VKK Charities participated in the Tender and later, it became declared as Successful Bidder. Due to litigations, the Bid had not been confirmed till 1995.
In the year, 1995, M/s.Sri VKK Charities approached Mr.Jagathrakshagan for the purpose of offering the right to purchase of the shares of M/s.The Chrome Leather Company Limited and it is also represented that M/s.The Chrome Leather Company Limited owned 67.29 Acres of lands.
In consequence, M/s.VKK Charities nominated Mr.Jagathrakshagan for buying of shares of M/s.The Chrome Leather Company Limited and wrote a Letter to Central Bank of India.
Central Bank of India brought the matter to the BIFR in Case No.144/1988 through a Draft Scheme for Rehabilitation. BIFR heard the contention and arguments of the Company, M/s.VKK Charities, Central Bank of India and Mr.Jagathrakshagan. BIFR permitted to sell the shares to Mr.Jagathrakshagan.
Accordingly, Mr.Jagathrakshagan made the entire payment and Central Bank of India also issued NO DUE Certificate and thereafter, 4995 Equity Shares of Chrome Leather Company had been transferred in the name of Mr.Jagathrakshagan under Share Transfer Form and the same had also been filed before ROC, Chennai. The Share Transfer had been executed by Central Bank of India. Central Bank of India, being a Lender and Decree Holder in O.S.314/1980, is competent to transfer the shares for realizing its dues as per the Judgment in O.S.314/1980. So, Mr.Jagathrakshagan had purchased the shares validly from Central Bank of India.
After purchase, Mr.Jagathrakshagan had filed the appropriate Forms before the Registrar of Companies, Chennai regarding transfer of Shares of M/s.The Chrome Leather Company Limited.
Later on in the year 2007, one George Joseph Chambers claimed to be the son of K.H. Chambers and claimed rights over the property of the CLC. The Company, independently, fought several litigations initiated by George Joseph Chambers and Dawson, who claimed to be the Power Agent of George Joseph Chambers and succeeded in all litigations. In all litigations, the Madras High Court accepted the title and possession of Chrome Leather Company and rejected the contention of George Joseph Chambers and Dawson on the ground that they have no legal right to maintain any action and they did not acquire any right over the properties of original owner Ida L Chambers.
They claimed the properties as the heirs of Ida L Chambers. But the High Court clearly held that as per Christian Law of Succession, George Joseph Chambers is not a Legal Heir of Ida L Chambers. So, the issue had already been determined by the High Court in favour of Mr.Jagathrakshagan.
But, Dawson, for the purpose of grabbing money illegally, lodged false complaints against me in Cr.No.304 & 305 of 2007. The said complaints had been investigated by the Police and on examination, the Police filed Final Report by concluding the above case is one of Mistake of Fact and the same had also been accepted by the Court and accordingly, the cases had been closed. Though Dawson filed protest petition against the closure of the aforesaid complaints, it has been dismissed as early in the year 2009.
In spite of all those closure, again CBCID registered new Cases in Cr.No.2 & 3 of 2016 for reopening the cases in Cr.No.304 & 305 of 2007 without any valid materials.
Mr.Jagathrakshagan had validly purchased the shares from Central Bank of India and the same had been accepted by BIFR and only upon the Direction of BIFR, he paid the amount and the said amount had been duly received by Central Bank of India for realising its loan amount due payable by M/s. The Chrome Leather Company.
So, the criminal proceedings initiated by Mr.Dawson are nothing but abuse of process of law and hence Mr.Jagathrakshagan filed Crl.O.P.Nos.12985 & 12986 of 2020 before the High Court of Madras and the same has been heard by Hon’ble Justice G.K.Ilanthirayan and upon appreciating the arguments of Mr.Jagathrakshakan, both the FIRs have been quashed today.
[9/23, 14:43] Sekarreporter1: Ok sir

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