Thirumuruga Group of Companies

I. Gist of the Case

    A criminal case was registered against the Managing PartnerThirunavukkarasu and his family members as partners by Chennai City Police CCB on 06.02.1998 and transferred to EOW during 2000 for further investigation. Later 2 more cases were registered against its sister concern companies by EOW on 21.02.2002 and 17.05.2002 respectively. All the 3 cases were clubbed into one CC.No.11/2000 and it is under trial before the Special Court, TNPID Act.

II. Accused Details: -

III. High Lights

1. X.C.No.158/1998, U/s.420, 120 (b) IPC and 4 to 6 PCMCBS Act r/w 5 of TNPID Act.
2. EOW Cr.No.13/2002, U/s.5 of TNPID Act.
3. EOW Cr.No.21/2002, U/s.5 of TNPID Act.
4. Amount involved: Rs.1, 21,18,900/-
5. Total no. of depositors: 454.
6. Police complaints: Rs.1, 21, 18,900/- (454 depositors).
7. Amount disbursed to the fixed depositors through Court: Rs.31, 82,500/-.
8. Total of 43 grounds at Korattur retained by Spl. Court (TNPID Act).
9. Rs.9.80 lakhs deposited with Competent Authority by the accused. 

IV. Efforts taken by EOW-II

1.    Investigation completed and charge sheet was filed on 31.07.2000, 03.06.2003 and on 23.09.2003 respectively.
2.    All these 3 cases were clubbed into one CC.No.11/2000 for the trial purpose.
3.    EOW filed appeal against the orders in M.P.No.2752/2005 and M.P.No.3879/2005 in CC.No.11/2000 i.e. in respect of transactions  converted under Promissory notes and in respect of deposits made by 17 depositors at New Delhi, order against transfer the depositions  of witnesses examined in civil proceedings to file of CC.No.11/2000.
4.    Additional charge sheet has been filed on 25.6.2007 on two more depositors complaint.

V. Details of property: -

VI. Latest Development: -

i.     Fresh complaints from fixed deposit holders those who have not preferred complaints to the Police so far is expected from the depositors.

ii.    Competent Authority/DRO is examining the depositors (fixed deposits) before commencing the compounding process as per the Court direction.

.iii.   Case is pending trial before the Special Court.

iv.  Appeal Petition against the stay against Pro-note holders is pending with the Public Prosecutor, High Court of Madras.

v.     Hon'ble Special Court for TNPID Act in orders CMP 312/06 Dated 6.4.2006 has directed the DRO/Competent Authority to compound the case.  If he is satisfied that all the 230 depositors framed in the charge sheet have been repaid their entire amount with or without interest.  DRO started examining the depositors.

vi.     On the orders of Home Secretary enquiry is made by Collector, Chennai and the enquiry was conducted on 04.02.2008.

VII. Request to Depositors

1.         Any left out fixed depositors may prefer fresh complaint to the Competent Authority / Special Court / Police.