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High Court of Karnataka · body

2025 DAILYLAW 66551 (KAR)

THE STATE OF KARNATAKA v. CHANDRASHEKHAR

CRL.A/200076/2021 · 2025-09-08

M G Uma

body2025

Judgment text

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( " '(!!*'*' !+*'!* Digitally signed by SUMITRA SHERIGAR Location: HIGH COURT OF KARNATAKA - 2 - !(!, # !(* " '(!!*'*' !+*'!* !(!, #!(* !(!, #!(* # - %# - ., /0/, 12 0340/050 3,63,7,4/,8 9: 150:;5/0 1<=>,=?0:06;3.0763,2,33,8/.=7066,0<=@6;A4=4A/., ?;8A@,4/80/,8'(!!*'*'6077,8=46,>=0<1507, 1!+*'!* 14 /., 2=<, 12 /., <,034,8 3=4>=60< ,77=147 ;8A,., 6,>=0< ;8A, 0/ =?0:06;3 213 7.13/ B3=0< 1;3/C0>D;=//=4A/.,3,76148,4/0>>;7,8213/.,122,4>, 6;4=7.09<,;48,3,>/=14!(!,3,08E=/.,>/=14!(* 12 /., 3,F,4/=14 12 133;6/=14 >/ !G%% 213 7.13/ B>/C * 13 /., 705, 12 >14F,4=,4>, /., 603/=,7 03, 3,2,33,8/1076,3/.,=330459,213,/.,3=0<1;3/ - 3 - ( .,20>/712/.,>07,=493=,203,/.0//.,1<=>, 476,>/13 12 150:;5/0 1<=>, =?0:06;3 >1<<,>/,8 =4213@0/=14 091;/ /., 0>>;7,8 E.1 E07 E135=4A 07 77=7/04/ 4A=4,,3 =4;9<=> #1357 ,603/@,4/ 2137.13/ B#C048E0706;9<=>7,3F04/,7;9@=//,8/.,71;3>, 3,613/ 7;AA,7/=4A 0@077=4A 12 E,0</. 9: /., 0>>;7,8 E.=>.E078=7631613/=140/,/1.=7541E471;3>,12=4>1@, 213/.,>.,>56,3=18231@!'!!!G%)/1!%!**''%/=7 /., >14/,4/=14 12 /., 6317,>;/=14 /.0/ /., 0>>;7,8 .08 ?1=4,8 /., 7,3F=>,7 07 77=7/04/ 4A=4,,3 048 E135,8 0/ F03=1;76<0>,7=4=?0:06;3048 0<09;30A=8=7/3=>/78;3=4A /.,>.,>5 6,3=18 7 6,3 /.,71;3>, 3,613/ /.,0>>;7,8 .070@077,8077,/7E13/. 7!+%$G$'' E.=<,.,E07 .0F=4A 14<: 7*$''''' /., =4>1@, 231@ 541E4 71;3>, .,3,9: =/ =7 7;AA,7/,8 /.0/ /., 0>>;7,8 .07 0@077,8 8=7631613/=140/, E,0</. E.=>. =7 031;48 $G+H E.,4>1@603,8/1.=7541E471;3>,12=4>1@, + ., 88=/=140< =3,>/13 ,4,30< 12 1<=>, 213 7.13/ BC 12 150:;5/0 .08 0>>138,8 6,3@=77=14 /1 - 4 - 3,A=7/,3 /., >07, 048 /1 >148;>/ =4F,7/=A0/=14 >>138=4A<: =43=@,1!+*''%12150:;5/01<=>, =?0:06;3>0@,/19,3,A=7/,3,82/,3=4F,7/=A0/=14/., 704>/=14E0719/0=4,8/16317,>;/,/.,0>>;7,80482=40< 3,613/ >0@, /1 9, 2=<,8 / =7 /., >14/,4/=14 12 /., 6317,>;/=14 /.0/ /., 0>>;7,8 .08 =4>1@, 0/ 7+!G!+G& 231@ 541E4 71;3>, 048 /., 077,/7 048 ,I6,48=/;3, 12 /., 0>>;7,8 E07 7&&*!&'! .,3,213, ., .08 8=7631613/=140/, 077,/ /1 /., /;4, 12 7*+('!'$ .;7 ., E07 .0F=4A 8=7631613/=140/, 077,/ 12 $)G)H 213 E.=>. 41 70/=720>/13: 0>>1;4/ =7 2;34=7.,89:/.,0>>;7,8.,3,9:.,.07>1@@=//,8/., @=7>148;>/ 6;4=7.09<, ;48,3 ,>/=14 !(!, 3,08 E=/. ,>/=14!(*12>/ $ ., 0>>;7,8 .08 066,03,8 9,213, /., 3=0< 1;3/ 6<,08,8 41/ A;=</: 048 ><0=@,8 /1 9, /3=,8 ., 6317,>;/=14 ,I0@=4,8 #! /1 #$& 048 A1/ @035,8 I7! /1 %) =4 7;6613/ 12 =/7 >14/,4/=14 ., 0>>;7,8 .07 8,4=,8 0<< /., =4>3=@=40/=4A @0/,3=0<7 0F0=<09<, 14 - 5 - 3,>138048,I0@=4,8#7!/1!'048A1/@035,8I7! /1(*=47;6613/12.=78,2,4>, & ., 3=0< 1;3/ 02/,3 /05=4A =4/1 >147=8,30/=14 0<< /., @0/,3=0<7 14 3,>138 >0@, /1 /., >14><;7=14 /.0/ /., /1/0< F0<;, 12 /., 077,/7 0>D;=3,8 9: /., 0>>;7,8 8;3=4A /., >.,>5 6,3=18 E07 7!G&**G( 048 /., ,I6,48=/;3, 8;3=4A /., 70=8 6,3=18 E07 7*+!!))% .;7 /., 077,/7 048 ,I6,48=/;3, /1/0<<: 0@1;4/7 /1 7+()+')! E.,3,07 /., =4>1@, 12 /., 0>>;7,8 E07 7%&)*$+) 048 /.;7 =/ =7 .,<8 /.0/ /., 0>>;7,8 E07 .0F=4A ,I>,77 =4>1@, /.04 .=7 077,/7 048 ,I6,48=/;3, .,3,213,/.,6317,>;/=14=741/7;>>,772;<=4631F=4A/., A;=</ 12 /., 0>>;7,8 213 /., 091F, 70=8 122,4>, >>138=4A<:/.,0>>;7,8E070>D;=//,8,=4A0AA3=,F,8 9: /., 70@, /., 150:;5/0 1<=>, .07 63,2,33,8 /.=7 066,0< ) ., 14<: A31;48 ;3A,8 9: /., 066,<<04/150:;5/0=4/.,@,@13048;@12066,0<=7/.0/ /., 3=0< 1;3/ .07 20=<,8 /1 0663,>=0/, /., 130< 048 - 6 - 81>;@,4/03:,F=8,4>,6<0>,89,213,=/048.07033=F,80/ 0 E314A >14><;7=14 / =7 0<71 >14/,48,8 /.0/ /., 3=0< 1;3/.0720=<,8/1>147=8,3/.,20>//.0//.,0>>;7,8.08 4,F,32=<,83,/;347077615,4/19:#$+048,F=8,4>,8 9:I&* % ,0383=;9.07.0<<06;3/.,<,034,86,>=0< ;9<=>317,>;/13066,03=4A213/.,066,<<04/.,<,034,8 >1;47,< 213 /., 3,76148,4/ =7 097,4/ 048 .07 41/ 0883,77,8 .=7 03A;@,4/7 =4 76=/, 12 A=F=4A 7;22=>=,4/ 16613/;4=/:,4>,.=703A;@,4/=7/05,4074=<,3;7,8 /.,@0/,3=0<7=4><;8=4A/.,3=0<1;3/3,>1387 G 4 F=,E 12 /., >14/,4/=147 ;3A,8 9: <,034,8 >1;47,<213/.,066,<<04//.,61=4//.0/E1;<803=7,213@: >147=8,30/=14=7 - 7 - :047E,3/1/.,091F,61=4/=7=4/.,BC213 /.,21<<1E=4A !' /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 0>>;7,8E0706;9<=>7,3F04/E.1?1=4,8/.,7,3F=>,7E=/. #0777=7/04/4A=4,,314!'!!!G%),.07E135,8 0/ F03=1;7 6<0>,7 =4 =?0:06;3 048 0<09;30A= 8=7/3=>/7 8;3=4A/.,>.,>56,3=18231@!'!!!G%)/=<<!%!**''% ;3=4A/.,70=86,3=18.,.08=4>1@,231@541E471;3>, 0/ 14<: 7+!G!+G& 9;/ .=7 077,/7 048 ,I6,48=/;3, E.=>.E07>0<>;<0/,80/ 7&&*!&'! E.=>.=7$)G)H =, 7*+('!'$ E07 =4 ,I>,77 12 /., =4>1@, 231@ 541E4 71;3>, 048 /.;7 =/ =7 /., >14/,4/=14 12 /., 6317,>;/=14 /.0/ /., 0>>;7,8 .07 >1@@=//,8 @=7>148;>/ 213/.,091F,70=8122,4>, !! /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 20/.,3 12 /., 0>>;7,8 E07 0<71 04 ,@6<1:,, 12 # 048 ., 3,/=3,8 231@ 7,3F=>, =4 !GG( , .07 3,>,=F,8 /1/0< 70<03: 12 7**$!)( 048 3,/=3,@,4/ 9,4,2=/7 12 - 8 - 7$&$&)* ,8=,8=4/.,:,03*''!048.=7E=2,=, @1/.,312/.,0>>;7,8E073,>,=F=4A20@=<:6,47=14/=7 0<71931;A./143,>138/.0//.,0A3=>;</;30<<0487=/;0/,8 0/ 070F040 0A,E08= E07 0>D;=3,8 048 0 .1;7, E07 >147/3;>/,8/.,3,14/=70<717/0/,8/.0//.,931/.,312 /.,0>>;7,8=704,4A=4,,3=4AA308;0/,048.,E0781=4A >14/30>/E135.,0>>;7,8.08@033=,814,0:07.3,,=4 /.,:,03!GG'/=77/0/,8/.0//.,0>>;7,8.088,><03,8 !'' A30@7 12 A1<8 1340@,4/7 =4 .=7 44;0< 316,3/: ,613/ 213 7.13/ B C 07 6,3 I%& 048 E07 .0F=4A 0A3=>;</;30< <048 @,07;3=4A *!* 0>3,7 =4 ;3F,: 1**!! 12 040A;<= F=<<0A, E.=>. 12 040A;<= F=<<0A, E.=>. E07 04 04>,7/30< 6316,3/: !* <14AE=/.2=40<3,613//.,4F,7/=A0/=4A22=>,3 .07 7;9@=//,8 /., 7/0/,@,4/ 213 /., 8,/0=<7 3,A038=4A @1F09<, 048 =@@1F09<, 6316,3/=,7 9,<14A=4A /1 /., 0>>;7,8 0/ /., ,48 12 /., >.,>5 6,3=18 >D;=7=/=14 12 @04:12/.,7,6316,3/=,7E0741/8=76;/,89:/.,0>>;7,8 1E,F,3/.,0>>;7,8.078=76;/,8/.,>14/,4/=1412/., - 9 - 6317,>;/=14 3,A038=4A >147/3;>/=14 12 .1;7, 9,03=4A 1*'&&!* 12 070F040 0A,E08= 9: 76,48=4A 7(!'''' 4/.,1/.,3.048=/=7.=7>14/,4/=14/.0/ /., 70=8 .1;7, E07 >147/3;>/,8 =4 /., :,03 !GG( 9: .=7 20/.,3 1;/ 12 .=7 70<03: =4>1@, 3,/=3,@,4/ 9,4,2=/7 048 /.,0A3=>;</;30<=4>1@,F,4/.1;A.=/=7/.,>14/,4/=14 12 /., 6317,>;/=14 /.0/ /., .1;7, =4 D;,7/=14 E07 >147/3;>/,8 =4 !GG& 9: 76,48=4A 7(!'''' 9: /., 0>>;7,8 41 70/=720>/13: 81>;@,4/7 03, 6318;>,8 9,213, /., 1;3/ /1 7;97/04/=0/, /., 70@, ., 0>>;7,8 >14/,48,8 /.0/ /., .1;7, E07 >147/3;>/,8 /.31;A. /., >11<=,7 E135=4A =4 /., <048 048 =/ E07 7;6,3F=7,8 9: .=7 20@=<: @,@9,37 .,3,213, 9;=<8=4A E07 >147/3;>/,8 9: 76,48=4A14<: 7*''''' 04841/ 7(!'''' #$ 9,=4A /., 0>>;7,8 #% 9,=4A /., E=2, 12 /., 0>>;7,8 048 #) 9,=4A /., 931/.,3 12 /., 0>>;7,8 .0F, 7615,4 091;/ /.,7, 20>/7 4 /., 097,4>, 12 04: 70/=720>/13: @0/,3=0<7/.0/03,6<0>,89:/.,6317,>;/=14=47;6613/12 =/7>14/,4/=14/.,70@,>0441/9,0>>,6/,8.,8,2,4>, - 10 - /05,4 9: /., 0>>;7,8 /.0/ /., 9;=<8=4A E07 >147/3;>/,8 /.31;A. /., <091;37 9: /., 0>>;7,8 048 .=7 20@=<: @,@9,37E=/.1;/60:=4A04:0@1;4//1E03877;6,3F=7=14 >1;<8 9, 0>>,6/,8 07 /., 70@, =7 3,071409<, 048 @13, 631909<, ., 3=0< 1;3/ .07 /05,4 =4/1 >147=8,30/=14 /.,7, 076,>/7 12 /., @0//,3 048 213@,8 04 16=4=14 /.0/ /., 0>>;7,8 @;7/ .0F, 76,4/ 7*+%''' 213 >147/3;>/=1412/.,9;=<8=4AE.=>.E07D;=/,3,071409<, !( >>138=4A /1 /., >07, @08, 1;/ 9: /., 6317,>;/=14/.,<048@,07;3=4A()0>3,7=4 1**$! 12 040A;<= F=<<0A, E07 6;3>.07,8 9: /., 0>>;7,8 =4 /., 40@, 12 .=7 20/.,3 213 7$*''' 14 *('(!GG& ., 70@,E078,4=,89:/.,0>>;7,8048.,>14/,48,8/.0/ 7=4>,.=720/.,3E0706;9<=>7,3F04/.0F=4A=4>1@,231@ .=7 70<03: 048 0A3=>;</;30< <048 ., .08 6;3>.07,8 /., 70@, ;48,3I)G 7 6,3 /.,70<, 8,,8 J I)G/., <048E076;3>.07,89:14,.,A.;.053;0@04=., 70=8.,A.;.053;0@04=E07,I0@=4,8149,.0<212/., 0>>;7,8 07 #( ., 0>>;7,8 E07 ,I0@=4,8 07 #$ - 11 - 048 ., .07 >0/,A13=>0<<: 8,4=,8 /.0/ /., 70=8 6316,3/: E07 6;3>.07,8 9: .=@ 07 9,40@= 48,3 7;>. >=3>;@7/04>,7 =/ =7 .,<8 /.0/ /., 6317,>;/=14 E07 41/ 7;>>,772;<=4631F=4A=/7>14/,4/=14/.0//.,<0489,03=4A 1**$! 12 040A;<= F=<<0A, @,07;3=4A () 0>3,7 E07 0 9,40@= 6316,3/: 6;3>.07,8 9: /., 0>>;7,8 213 7$*''' 48,37;>.>=3>;@7/04>,7/.,70=80@1;4/ 12 7$*''' E07 /1 9, 8,8;>/,8 231@ /., ,I6,48=/;3, 7.1E49:/.,6317,>;/=14 !+ /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., <048 9,03=4A ;3F,: 1!+( @,07;3=4A !+ 0>3,7 7=/;0/,8 0/ 0.0<90A0:0/ =4 =?0:06;3 8=7/3=>/ E07 0<71 6;3>.07,8 9: /., 0>>;7,8 =4 /., 40@, 12 .=7 20/.,3 213 7+%$'' 14*%!'!GG)048/.;7=/=7/.,077,/12/., 0>>;7,86;3>.07,8079,40@=6316,3/:.=720>/E070<71 8,4=,8 9: /., 0>>;7,8 E.1 8,617,8 07 #$ 048 /., 6317,>;/=14.0741/6318;>,804:81>;@,4/7/1631F,=/7 >14/,4/=14 /.0/ /., 70@, E07 6;3>.07,8 07 9,40@= 9: /.,0>>;7,8 - 12 - !$ ., 0>>;7,8 .07 41/ 8=76;/,8 /., 8,/0=<7 048 F0<;, 12 1/.,3 =@@1F09<, 6316,3/=,7 3,2,33,8 /1 9: /., 6317,>;/=14=4/.,2=40<3,613/.,3,213,=/=7/19,.,<8 /.0//.,6317,>;/=14=741/7;>>,772;<=4631F=4A/.0//., 0>>;7,81E47=@@1F09<,6316,3/=,7E13/. 7!)))$'' / =7 /., >14/,4/=14 12 /., 6317,>;/=14 /.0/ /., 0>>;7,8 E07 .0F=4A 90<04>, =4 F03=1;7 045 0>>1;4/7 /1/0<<: 0@1;4/=4A /1 7$*&G( 048 ., .07 6;3>.07,8 0?0? %' 9,03=4A 3,A=7/30/=14 1 *% *!*+ E13/. 7*'''' ,.08>07.12 7(*!'' =4.=7.1;7,048 F0<;,8/.,70@,7.1E=4A0/,3=0<17!/1!+=4/.,<=7/ 07 7!'+)G( .,3, =7 41 8=76;/, 3,A038=4A /.=7 F0<;0/=14@08,9:/.,6317,>;/=14 !& / =7 >14/,48,8 9: /., 6317,>;/=14 /.0/ /., 0>>;7,8E07.0F=4AA1<81340@,4/7E13/. 7!($%$' E.=>. E07 21;48 =4 .=7 .1;7, 0/ /., /=@, 12 30=8 #! E.1<,8/.,30=8.0741/7/0/,804:/.=4A091;/F0<;0/=14 12/.,A1<81340@,4/7#(&9,=4A/.,20/.,3 =4 <0E12 /.,0>>;7,88,617,89,213,/.,1;3/7/0/=4A/.0/0//., - 13 - /=@,12@033=0A,12.=780;A./,3E=/./.,0>>;7,8.,.08 A=F,4/.17,1340@,4/7#$+J4F,7/=A0/=4A22=>,3.08 08@=//,8 =4 .=7 ,F=8,4>, /.0/ ., .08 41/ >148;>/,8 04: =4F,7/=A0/=14 =4 /.=7 3,A038 #* J A1<8 7@=/. .07 6<,08,8.=7=A41304>,07/1E.,4/.,A1<81340@,4/7E,3, 6;3>.07,81363,603,89;/7/0/,8/.0/.,.08F0<;,8/., A1<8 1340@,4/7 14 /., 907=7 12 /., 30/, /.0/ E07 63,F0=<=4A !) .,6317,>;/=14.070<71F0<;,8/.,.1;7,.1<8 03/=><,7 048 ,<,>/314=> A1187 21;48 =4 /., .1;7, 12 /., 0>>;7,8 0/ 7!%(G%' 048 08@=//,8<: /.,7, =/,@7 E,3, 41/ F0<;,8 14 9,.0<2 12 /., 6317,>;/=14 #(& J 20/.,3 =4 <0E 12 /., 0>>;7,8 .07 8,617,8 /.0/ ., .08 A=F,471@,.1;7,.1<803/=><,7/1.=780;A./,3#$+048 #$&9,=4A/.,4F,7/=A0/=4A22=>,37.0F,41/>148;>/,8 04: =4F,7/=A0/=14 E=/. 3,A038 /1 /., .1;7,.1<8 03/=><,7 41/,89:/.,6317,>;/=14 - 14 - !% / =7 6,3/=4,4/ /1 41/, /.0/ /., .1;7,.1<8 03/=><,7 3,2,33,8 /19: /.,6317,>;/=14 E.=>. E,3, 21;48 =4 /., .1;7, E,3, 41/ 7/048=4A =4 /., 40@, 12 /., 0>>;7,8#$048#%.0F,8,617,8=4/.,=3,F=8,4>, 091;//.,.1;7,.1<803/=><,7/.0/E,3,3,2,33,8/19:/., 4F,7/=A0/=4A 22=>,3 048 7/0/,8 /.0/ 71@, E,3, 7,=K,8 231@/.,.1;7,12/.,0;4/12/.,0>>;7,813,1F,3/., 0>>;7,8 .07 7;9@=//,8 .=7 213 /., :,03 *'') '% 07 6,3 I%& 8,><03=4A /.0/ ., E07 .0F=4A .1;7,.1<8 03/=><,7E13/. 7&('G% !G /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 0>>;7,8 .08 3,03,8 81@,7/=> 04=@0<7<=F,7/1>5 =, 9;220<17 7.,,6 ,/> F,4 /.1;A. =/ =7 /., >14/,4/=14 12 /., 6317,>;/=14 /.0/ /., 0>>;7,8 .08 6;3>.07,8 /.,7, <=F,7/1>5=/ =7/., 76,>=2=> >14/,4/=14 12/., 0>>;7,8/.0/ 7=4>,.,E07.0F=4A04>,7/30<203@ <048048/.,<=F,7/1>5 E,3, 9134 =4 .=7 213@ <048 9;/ ., .07 41/ 76,4/ 04: 0@1;4/ 213 6;3>.07=4A /., 70@, F,4 /.1;A. #+$ 8,617,7 091;/ /., F0<;0/=14 @08, ., 76,>=2=>0<<: 6<,087 - 15 - .=7=A41304>,07/1E.,4/.,0>>;7,8.076;3>.07,8048 231@ E.1@ 0480/ E.0/63=>, /., 70@, E,3, 6;3>.07,8 4 /., 1/.,3 .048 #$ 048 #) 8,617,8 /.0/ /., <=F,7/1>5 048 /., >0//<, 3,2,33,8 /1 9: /., 4F,7/=A0/=4A 22=>,3E,3,9134=4/.,=3.1;7,048/.,:4,F,36;3>.07,8 /.,70@,.,6317,>;/=14.0741/6318;>,804:>1A,4/ @0/,3=0<7E=/.3,A038/1/.,8=76;/,8@1F09<,7=47;6613/ 12=/7>14/,4/=14.,70@,.07/19,8,8;>/,807077,/7 0>>;@;<0/,89:/.,0>>;7,8F,4/.1;A./.,6317,>;/=14 .07 F0<;,8 /.,7, @1F09<, 048 =@@1F09<, 6316,3/=,7 0/ 7*!&%!*( /05=4A=4/1>147=8,30/=14/.,,F=8,4>,<,8 9: /., 6317,>;/=14 /., 70@, >0441/ 9, @13, /.04 7!G&**G( *' /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 0>>;7,8E07.0F=4A=4>1@,231@F03=1;771;3>,7=4><;8=4A /., =4>1@, 231@ /., 70<03: 048 231@ /., 6,47=14 12 .=7 20/.,3 /.31;A. .=7 @1/.,3 231@ .=7 931/.,3 231@ /., 0A3=>;</;30< <048 <104 19/0=4,8 231@ /., 70<, 631>,,87 12 6<1/ 1&+ ,/> E.=>. =7 ,7/=@0/,8 0/ - 16 - 7(!!&*'! .,70@,=741/8=76;/,89:/.,0>>;7,8 1E,F,3 =/ =7 /., >14/,4/=14 12 /., 0>>;7,8 /.0/ /., 6317,>;/=14 .07 41/ /05,4 =4/1 >147=8,30/=14 /., >1@@;/0/=14 F0<;, 12 6,47=14 12 .=7 20/.,3 E.=>. E07 7*G&&$ .=7 20>/ E07 08@=//,8 9: #$+ =4 .=7 ,F=8,4>, #*' 0<71 76,057 091;/ /., 6,47=1403: 9,4,2=/7 19/0=4,8 9: /., 20/.,3 12 /., 0>>;7,8 02/,3 .=7 3,/=3,@,4/14*%'*!GG(.,E=/4,770<7176,057091;/ /., 20@=<: 6,47=14 9,4,2=/7 0>>3;,8 =4 20F1;3 12 /., 0>>;7,8 02/,3 /., 8,0/. 12 .=7 20/.,3 #$ 048 #) 8,617,8 9,213, /., 1;3/ /.0/ 7;>. =4>1@, =7 7*$$$'G 2 /., ,F=8,4>, 12 #) #*' #*$ 048 #$+ 03, /05,4 =4/1 >147=8,30/=14 =4 /., <=A./ 12 I7&048*!/.,>14/,4/=14/05,49:/.,0>>;7,8E=<< .0F,/19,0>>,6/,8 *! /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 7=7/,3 =4 <0E 12 /., 0>>;7,8 =, E=2, 12 931/.,3 12 /., 0>>;7,8E07.0F=4A70<03:=4>1@,12 7+G%&+ I$+ 8=7><17,7/.0/7;>.=4>1@,E07 7$('+( #*%048 - 17 - #!'8,617,8091;//.,70@,.,3,213,/.,F0<;0/=14 3,A038=4A=4>1@,12/.,7=7/,3 =4 <0E12/.,0>>;7,8=7/1 9,/05,40/ 7$('+( ** 8@=//,8<: 0>>;7,8 E07 .0F=4A 0A3=>;</;30< =4>1@,048/.,6317,>;/=14.07F0<;,8=/0/ 7*G!()$ 231@ /., <048 9,03=4A ;3F,: 1**&( 7/048=4A =4 /., 40@,12/.,931/.,312/.,0>>;7,8#+(8,617,7/.0/ <,@14 6<04/7 E,3, A31E4 =4 /., 70=8 <048 E.=>. E07 @,07;3=4A$*$0>3,7.,E=/4,777/0/,8/.0//.,<,@14 6<04/7E,3,0A,89,/E,,4*'/1*$:,037048/.,F0<;,12 /., =4>1@, E07 /05,4 213 /., :,037 231@ !GG& G) /=<< *''( '+ =@=<03<: =4>1@, 231@/., 14=14A31E4 =4 /., 0A3=>;</;30< <048 E07 /05,4 213 /., :,037 !GG& G) 048 *''( '+ ., 4F,7/=A0/=4A 22=>,3 .07 >0/,A13=>0<<: 7/0/,8 /.0/ ., .08 41/ /05,4 =4/1 >147=8,30/=14 7;>. =4>1@, 213 /., :,037 *''+ '$ /1 *'') '% .,3, =7 41 3,071409<, ,I6<040/=14 213 /., 70@, ., ,F=8,4>, 12 #$048#)0<14AE=/.I7!!/1!(=4/.=73,A038 >0441/9,=A413,8 - 18 - *( /=76,3/=4,4//141/,/.0//.,6317,>;/=14.07 41//05,4=4/1>147=8,30/=14/.,=4>1@,12/.,931/.,312 /., 0>>;7,8 231@ /., 0A3=>;</;30< <048 48,3 7;>. >=3>;@7/04>,7 3,071409<, 0@1;4/ =7 /1 9, 088,8 /1 /., =4>1@, 12 /., 0>>;7,8 231@ /., 0A3=>;</;30< <048 ., 3=0<1;3/02/,3077=A4=4A3,07147.07F0<;,87;>.=4>1@, 0/ 7*(!!G!* 048 /., 8=22,3,4>, 0@1;4/ 12 7*'*'$() E07/05,4=4/10>>1;4/2=48?;7/=2=>0/=14 213/.,3=0<1;3/=4>0<>;<0/=4A/.,70@, *+ ., 6317,>;/=14 .07 3,2,33,8 /1 /., 3,4/0< =4>1@, 12 /., 0>>;7,8 231@ /., .1;7, 7=/;0/,8 =4 1*'&&!*12070F0400A,E08=7/048=4A=4/., 40@, 12 /., 20/.,3 12 /., 0>>;7,8 >>138=4A /1 /., 6317,>;/=14 /., .1;7, =4 D;,7/=14 E07 2,/>.=4A 3,4/ 12 7!$'' 6,3 @14/. 231@ *''& *'!' #! =4 .=7 ,F=8,4>,.077/0/,8/.0//.,3,4/213/.,:,037*''* *''& 07 6,3 I7!+ 048 !$ E07 0/ 7)*''' #$ 8,617,89,213,/.,1;3//.0/.,.073,>,=F,8/1/0<3,4/ 12 7!!+''' 231@ *''* *''& ., >14/,4/=14 /05,4 - 19 - 9:/.,0>>;7,8=4/.=73,A038=7F,3:3,071409<,048/.,3, 03,413,07147/18=79,<=,F,/.,70@, *$ / =7 >14/,48,8 9: /., 6317,>;/=14 /.0/ /., 0>>;7,8 .08 /., =4>1@, 12 7*)'''' 9: /., 70<, 12 0/0;@1F,.=><,9,03=4A3,A=7/30/=141 *% !G&* #% E.1 E07 ,I0@=4,8 14 9,.0<2 12 /., 6317,>;/=14 /1 76,05091;//.,70@,8,617,89,213,/.,1;3//.0//., 0>>;7,8 .08 6;3>.07,8 /., F,.=><, 231@ /., 0>>;7,8 9: 60:=4A 7()'''' #$ 048 #) .0F, 0<71 7;6613/,8 7;>. ,F=8,4>, .,3,213, /.=7 0@1;4/ 12 7()'''' E=<< .0F, /1 9, /05,4 =4/1 >147=8,30/=14 =47/,0812 7*)'''' F0<;,89:/.,6317,>;/=14 *& ., 6317,>;/=14 .07 /05,4 =4/1 >147=8,30/=14 /., =4>1@, 12 /., 931/.,3 12 /., 0>>;7,8 9: 40@, 0?07.,5.03,4504400F04231@/.,>=F=<>14/30>/E135 ;48,3/05,4 9: .=@ E=/. .=A030<<= 048 0<71 030:046;3 040< E135 231@ !GG$ G& /=<< *''& ., ,7/=@0/=14 127;>. =4>1@,9:/.,6317,>;/=14=7 8=76;/,8 9: /., 0>>;7,8 >14/,48=4A /.0/ 7;>. =4>1@, 12 /., - 20 - 931/.,312/.,0>>;7,8E07 7*'$)'*( #*8,617,8 091;/ 7;>. =4>1@, 231@ /., >14/30>/ E135 048 8,617,7 /.0/ /.,3, E07 6312=/ 12 *$H 9: ;48,3/05=4A 7;>. >=F=< >14/30>/ ., 0>>;7,8 .07 ,I0@=4,8 #) /1 8,617, 091;/ =4F,7/=4A /., 0@1;4/ 12 7!&''''' 213 /., >14/30>/ E135 ., 6317,>;/=14 .07 6318;>,8 I7!% &G 048 )' /1 631F, /., =4>1@, 12 /., 931/.,3 12 /., 0>>;7,8231@/.,>14/30>/E135147=8,3=4A/.,130<048 81>;@,4/03:,F=8,4>,/.0/E,3,6<0>,89,213,/.,1;3/ /.,>14/,4/=14/05,49:/.,0>>;7,8/.0/=4>1@,8,3=F,8 9: /., 931/.,3 12 /., 0>>;7,8 >0441/ 9, 0>>,6/,8 ., 3=0< 1;3/ 3,071409<: ,7/=@0/,8 7;>. =4>1@, 0/ 7+G%!!) =4/.,097,4>,1204:>1A,4/048>14F=4>=4A ,F=8,4>, 07 0A0=47/ 7!$G*+) ,7/=@0/,8 9: /., 6317,>;/=14.,>14><;7=14033=F,80/9:/.,3=0<1;3/ =4/.0/3,A038=720=30483,071409<, *) ., 0>>;7,8 .07 >14/,48,8 /.0/ /., 6317,>;/=14.0741//05,4=4/1>147=8,30/=14 7**$''' 9,=4A/.,603/=0<E=/.830E0<231@E.=>.=7,F=8,4>,8 - 21 - 9:I!+048/.,,F=8,4>,12/.,0>>;7,8J#$/=7 .=7 >14/,4/=14 /.0/ 04 0@1;4/ 12 7$('+( E07 3,>,=F,89:/.,E=2,12931/.,312/.,0>>;7,8#*%048 #!' .0F, 8,617,8 091;/ /., 70@, E.,3,07 /., 6317,>;/=14 .07 /05,4 =4/1 >147=8,30/=14 /.=7 0@1;4/ 0/ 7+G%&+ / =7 /., >14/,4/=14 12 /., 6317,>;/=14 /.0/ /., 0>>;7,8 .08 0F0=<,8 <104 12 7!''''' 231@ <0@0//=304>.9;//.=7E0741//05,4=4/1>147=8,30/=14 07/.,=4>1@,12/.,0>>;7,8,F,4/.1;A.#('8,617,8 091;//.,70@,048*)=76318;>,89,213,/.,1;3/ *% #$+ 08@=/7 /.0/ /., @1/.,3 12 /., 0>>;7,8 .08 71<8 6<1/ 17&$ +' 048 +! ;48,3 I7& /1 % 213 >147=8,30/=14 0@1;4/ 12 7*&*$'' 231@ 0<< /.,/.3,, 6<1/7048/.,70@,E0741//05,4=4/1>147=8,30/=1407/., =4>1@, 12 /., 0>>;7,8 9: /., 6317,>;/=14 ., 0>>;7,8 .07 6318;>,8 I! J /., 70<, 8,,8 /1 >14/,48 /.0/ ., .0871<86<1/1&)213 7$%''' ,<<=4A126<1/1&) 14'!!**''&=7 41/=48=76;/,07#((8,617,8091;/ /.,70@,,4>,/.=70@1;4/E=<<.0F,/19,/05,4=4/1 - 22 - >147=8,30/=1407/.,=4>1@,12/.,0>>;7,8I(3,2,37 /1 /., @0/;3=/: F0<;, 12 /., 61<=>: 0/ 7*'''' E.=>.E0741/088,8/1/.,=4>1@,12/.,0>>;7,8 *G /=7/.,>14/,4/=1412/.,0>>;7,8/.0/.,E07 3,>,=F=4A .;A, =4>1@, 231@ 04=@0< .;790483: 048 8=03: ,3=F=4A 12 =4>1@, 231@ 7;>. 71;3>, =7 41/ 8=76;/,8 048 ,F,4/.,6317,>;/=1408@=/7=//.076318;>,8I+%/1 7.1E /., ,I6,48=/;3, =4>;33,8 213 04=@0< 048 .;790483: 048#+$8,617,7091;//.,70@,1E,F,3/.,3,=741 =4F,7/=A0/=14 E=/. 3,A038 /1 /., ,I0>/ =4>1@, 8,3=F,8 9: /.,0>>;7,8231@04=@0<.;790483:0488=03:#.,4=/=7 08@=//,8/.0//.,0>>;7,8E073,03=4A9;220<170487.,,6 =/>0441/9,70=8/.0//.,0>>;7,8E07.0F=4A/.,=4>1@, 12 14<: 7!'''' 231@ /., 70@, ., 3=0< 1;3/ .07 ,7/=@0/,87;>.=4>1@,3,071409<:0/ 7!''''' (' /=7>14/,48,89:/.,0>>;7,8/.0/.=7931/.,3 .080F0=<,8<10412 7!$''''' 231@04A08.033,8=/ 1 16,30/=F, 1>=,/: 14 *+'!*''& 048 3,60=8 7(+(''' 8;3=4A /., >.,>5 6,3=18 #G =7 /., - 23 - .0=3@04 12 /., 70=8 045 E.1 7;6613/,8 7;>. >14/,4/=14 I7** /1 (* E,3, 6318;>,8 /1 ,F=8,4>, 7;>. 20>/ 9;/ 7/304A,<: /.=7 0@1;4/ E07 41/ /05,4 =4/1 >147=8,30/=14 07 /., =4>1@, 12 /., 0>>;7,8 2 0<< /.,7, =4>1@, 231@ F03=1;7 71;3>,7 3,2,33,8 /1 =4 /., 091F, 6030A306.7 03, /05,4 =4/1 >147=8,30/=14 =/ E1;<8 3,071409<:9,,7/=@0/,80/ 7%&)*$+) (! ., 0>>;7,8 .07 8=76;/,8 /., ,I6,48=/;3, 7.1E4 9: /., 6317,>;/=14 /1E0387 60:@,4/ 12 63,@=;@12 7*))$$% 9;/>14/,48,8/.0/=/E0714<: 7*()!!% .=7 20>/ =7 ,F=8,4>,8 231@ 8,8;>/=14 12 70<03:12/.,0>>;7,8I+7;6613/77;>.8,2,4>,/05,4 9:/.,0>>;7,8.,3,213,/.,,I>,770@1;4/7.1E49: /.,6317,>;/=1407,I6,47,7E.=>.=7031;48 7+'''' .07/19,8,8;>/,8 (* ., 6317,>;/=14 .07 7.1E4 7!($''' 07 /., ,I6,47,7 =4>;33,8 9: /., 0>>;7,8 /1 @0=4/0=4 0/0 ;@1F,.=><,.=7,7/=@0/=14=78=76;/,89:/.,0>>;7,8 #+! 76,057 091;/ /., ,I6,47,7 048 7;6613/7 I+$ - 24 - 7 6,3 /.=7 81>;@,4/ /., F,.=><, E07 6;3>.07,8 =4 /., :,03 *''' / =7 08@=//,8 9: #+! /.0/ /.,3, E=<< 9, /.3,,23,,7,3F=>,7/=<</.,F,.=><,3;47;6/1!$'''5@7 >>138=4A/1#+!.,.08,I0@=4,8/.,F,.=><,/1@05, /., ,7/=@0/=14 07 631F=8,8 9: 150:;5/0 61<=>, /.0/ /., F,.=><, .08 3;4 +$''' 5@7 , E07 41/ 0E03, 07 /1 E.,4/.,F,.=><,E076;3>.07,8.,,F=8,4>,12#$+ 048 #$& 03, 0<71 41/ .,<62;< /1 /., 6317,>;/=14 =4 7;6613/12=/7>14/,4/=14 48,37;>.>=3>;@7/04>,7/.=7 2=A;3,/05,407/.,,I6,48=/;3,12/.,0>>;7,8>0441/9, 0>>,6/,8 (( ., 6317,>;/=14 .07 /05,4 =4/1 >147=8,30/=14 7*$$!' /1E0387 ,<,>/3=>=/: >147;@6/=14 >.03A,7 213 6<1/1*G12E0/04/30:18.0301<14:.,70=86316,3/: E071E4,89:/.,20/.,3 =4 <0E048@1/.,3 =4 <0E12/., 0>>;7,8 / =7 /., 8,2,4>, /05,4 9: /., 0>>;7,8 /.0/ =/ E07/.,1E4,37E.1.0F,60=8/.,,<,>/3=>=/:>147;@6/=14 >.03A,7 048 ., .07 41/ 60=8 04:/.=4A ., ,F=8,4>, 12 #& 7;6613/7 7;>. >14/,4/=14 #++ .07 76,>=2=>0<<: - 25 - 7/0/,8/.0//.,,<,>/3=>=/:>144,>/=1412/.,70=86<1/E07 =4 /., 40@, 12 14, @/0.08,F= 0:05 48,3 7;>. >=3>;@7/04>,7 81 41/ 2=48 04: 7;6613/ 213 >147=8,3=4A /.=70@1;4/12 7*$$!' 07/.,,I6,48=/;3,=4>;33,89: /.,0>>;7,8 (+ .,6317,>;/=14.07/05,4=4/1>147=8,30/=140 7;@12 7!*&$%) /1E0387F,/,3=403:,I6,47,7#$ 8,617,8091;//.,70@,0486318;>,8I+%9;/8;3=4A >3177 ,I0@=40/=14 12 #+$ ., .07 41/ ?;7/=2=,8 /., ,7/=@0/=14127;>.,I6,47,71E,F,3=/=741/=48=76;/, /.0/ /., 0>>;7,8 E07 3,03=4A 81@,7/=> 04=@0<7 048 ., @;7/ .0F, =4>;33,8 71@, ,I6,47,7 .,3=0< 1;3/.07 ,7/=@0/,8 7;>. ,I6,47,7 0/ 7$'''' E.=>. =7 3,071409<,;48,3/.,20>/7048>=3>;@7/04>,712/.,>07, ($ ., 6317,>;/=14 .07 ,7/=@0/,8 04 0@1;4/ 12 7!'%)+(+ 07 ,I6,47,7 =4>;33,8 9: /., 0>>;7,8 213 @0=4/0=4=4A .=7 20@=<: / .07 ,I0@=4,8 #(G 048 A1/ @035,8I+(=47;6613/12=/7>14/,4/=14;3=4A>3177 ,I0@=40/=1412/.=7E=/4,77=/=7,<=>=/,8/.0/.,E0741/ - 26 - .0F=4A 04: 6,37140< 541E<,8A, 091;/ /., ,I6,47,7 =4>;33,89:/.,0>>;7,8048.077.1E4.,0812,I6,47,7 07414 F=7=9<,,I6,48=/;3,213E.=>..,.0741/A=F,404: 3,071409<,,I6<040/=14>>138=4A/1/.,E=/4,77=/ E07 /.,>0<>;<0/=14@08,9:/.,150:;5/01<=>,/=77/0/,8 /.0//.,0>>;7,8048.=720@=<:@,@9,3703,F,A,/03=047 <,08=4A @18,30/, <=2, .0F=4A 0A3=>;</;30< <048 8=03: 048 .13/=>;</;30<>316/17;6613//.,20@=<:,I6,47,705=4A =4/1 >147=8,30/=14 0<< /.,7, 20>/7 048 >=3>;@7/04>,7 /., 3=0< 1;3/ .07 ,7/=@0/,8 /., 81@,7/=> ,I6,47,7 0/ 7)$'''' E.=>.=70<71D;=/,3,071409<, (& /=7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 0>>;7,8 .07 76,4/ 7!'%*% 7*++)' 048 7)%+' /1E0387 3,A=7/30/=14 >.03A,7 12 F03=1;7 0A3=>;</;30< <0487 6;3>.07,8 9: .=@ ., 0>>;7,8 .08 8=76;/,8 /.=7 F0<;0/=14 9: >14/,48=4A /.0/ /., 6316,3/: 9,03=4A ;3F,: 1!+(! ;3F,: 1)%* 048 ;3F,: 1**$! ;3F,: 1)%* 048 ;3F,: 1**$! 3,2,33,8 /1 9: /., 6317,>;/=14 E,3, 4,F,3 6;3>.07,8 ,=/.,3 9: /., 0>>;7,8 13 9: .=7 20@=<: - 27 - @,@9,37 48,37;>.>=3>;@7/04>,7/.,3,>0441/9,04: ?;7/=2=>0/=14=4/05=4A=4/1>147=8,30/=14/.=70@1;4/07/., ,I6,48=/;3,=4>;33,89:/.,0>>;7,8 () ., 6317,>;/=14 .07 /05,4 =4/1 >147=8,30/=14 /.,0@1;4/0/ 7$()G%* /1E0387>;</=F0/=14126060:0 >316=4/.,0A3=>;</;30<<0489,<14A=4A/1/.,0>>;7,8/ .07 ,7/=@0/,8 7!%'$' 213 <0:=4A 91;4803: 048 7*G!''' 21383=<<=4A913, E,<<=4;3F,:1**+!12 040A;<= F=<<0A, .,7, =/,@7E,3, 0<71 8=76;/,89: /., 0>>;7,8 >>138=4A /1 .=@ ., .07 76,4/ 14<: 7*&%GG! 213A31E=4A6060:0.,9;48048/.,E,<< 3,2,33,8/19:/.,6317,>;/=14E,3,70=8/19,=4,I=7/,4>, E.,4.,.076;3>.07,8/.,<048.,6317,>;/=14.0741/ 6<0>,8 04: @0/,3=0<7 /1 7;97/04/=0/, =/7 >14/,4/=147 /.0/ /., 9;48 048 /., E,<< E,3, ,=/.,3 213@,8 13 8;A 9: /., 0>>;7,8 02/,3 6;3>.07=4A /., <048 ., 6317,>;/=14 .07 0<71 41/ 6<0>,8 04: 70/=720>/13: @0/,3=0<7 /17;97/04/=0/, =/7 >14/,4/=14 /.0/ /., 0>>;7,8 .07 76,4/ 7$''''' 213 6060:0 6<04/ >;</=F0/=14 48,3 7;>. >=3>;@7/04>,7 - 28 - /., 3=0< 1;3/ .07 ,7/=@0/,8 /., ,I6,48=/;3, 0/ 7*&%GG! E.=>.=7D;=/,3,071409<, (% .,6317,>;/=14.07/05,4=4/1>147=8,30/=140 7;@ 12 7*!'''' /1E0387 60:@,4/ 12 E0A,7 /1 <091;37 #=/.1;/ /.,3, 9,=4A 04: >1A,4/ @0/,3=0< /., 70@,>0441/9,/05,4=4/1>147=8,30/=1414<:14/.,907=7 12 /., 130< /,7/=@14: 12 #+% ., 6317,>;/=14 >14/,48,8 /.0/ /., 0@1;4/ 12 7(!'''' E07 /., =4>1@, 12 /., 0>>;7,8 07 ., .07 3,>,=F,8 =/ 231@ 14, ,45190 080F 14 *&'(*''' 048 041/.,3 7;@ 12 7*''''' 07 6,3 /., 3,>,=6/ 80/,8 *%')*''( ., 6317,>;/=14 .07 3,<=,8 14 /., ,F=8,4>, 12 #!! =4 /.=7 3,A038 I7$' 048 $! 03, /., 3,>,=6/7 3,2,33,8 /1 091F,=4/.,40@,1270=8,45190080F#!!.0741/ 7;6613/,8/.,>07,12/.,6317,>;/=1414,12/.,1/.,3 E=/4,77,7 .0F, 7615,4 /1 091;/ /.=7 /30470>/=14 48,3 7;>. >=3>;@7/04>,7 /., 70@, >0441/ 9, /05,4 =4/1 >147=8,30/=1407/.,=4>1@,12/.,0>>;7,8 - 29 - (G 31@/.,@0/,3=0<143,>138048/.,8=7>;77=14 .,<8 091F, =/ >1;<8 9, .,<8 /.0/ /., 0>>;7,8 .08 /., 077,/78;3=4A>.,>56,3=18F0<;,80/ 7!G&**G( , .08 76,4/ 040@1;4/ 12 7*+!!))% .;7 /., /1/0< 077,/ 048 ,I6,48=/;3, 12 /., 0>>;7,8 >1;<8 9, 7+()+')! E.,3,07 .=7 =4>1@, E07 091;/ 7%&)*$+) 048 /.;7/., =4>1@, 12 7+*G%+)& =7 =4 ,I>,77 12 /., 077,/7 048 ,I6,48=/;3, 48,3 7;>. >=3>;@7/04>,7/.,>14/,4/=1412/.,6317,>;/=14/.0//., 0>>;7,8 .08 0@077,8 E,0</. 8=7631613/=140/, /1 .=7 541E4 71;3>, 12 =4>1@, 048 >1@@=//,8 122,4>, 6;4=7.09<, ;48,3 ,>/=147 !(!, 3,08 E=/. ,>/=14 !(* 12/.,>/>0441/ 9, 0>>,6/,8 ,4>, .1<8 /.0/ /., 6317,>;/=14 .07 20=<,8 /1 631F, /., A;=</ 12 /., 0>>;7,89,:1483,071409<,81;9/ +' .0F,A14,/.31;A./.,=@6;A4,8?;8A@,4/12 0>D;=//0< 6077,8 9: /., 3=0< 1;3/ ., 3=0< 1;3/ .07 >147=8,3,8 /., >14/,4/=14 12 /., 6317,>;/=14 E=/. 3,2,3,4>, /1 077,/7 =4>1@, 048 ,I6,48=/;3, 048 033=F,8 - 30 - 0/3=A./>14><;7=148141/2=4804:3,0714/1=4/,32,3, E=/./.,70@, +! 4F=,E12/.,091F,047E,3/.,091F,61=4/ =4/.,048631>,,8/16077/.,21<<1E=4A .,>3=@=40<066,0<=7 -* &##) % =7/1!<1*!