Andhra Pradesh High Court quashed a non-bailable warrant issued by a city court against central minister Y.S. Chowdary in a loan default case.but has asked Union Minister to appear before the Additional Chief Metropolitan Magistrate on May five.
The Union minster urged the high court to quash the criminal case registered against him and also the NBW in the case, filed by a Mauritius-based bank for alleged default in loan repayment. He stated that he a non-executive director of Sujana Universal Industries Limited, he can’t be proceeded against. The High Court also posted the hearing of petition to June 16.