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2026 DAILYLAW 5684 (AP)

NAGARJUNA FERTILIZERS AND CHEMICALS LIMITED v. THE STATE OF AP

WP/14945/2025 · 2026-07-14

Ninala Jayasurya, T C D Sekhar

body2026

Judgment text

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APHC010296122025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3543] WEDNESDAY, THE 15th DAY OF JULY 2026 PRESENT THE HONOURABLE SRI JUSTICE NINALA JAYASURYA THE HONOURABLE SRI JUSTICE T.C.D.SEKHAR WRIT PETITION NO: 14945/2025 Between: 1. NAGARJUNA FERTILIZERS AND CHEMICALS LIMITED, HAVING REGISTERED OFFICE AT PLOT NO.44, ECO HOUSE, NAGARJUNA HILLS, PUNJAGUTTA, HYDERABAD - 500082 THROUGH ITS AUTHORISED SIGNATORY, MR. NEELA PRATAP S/O. MR. N.PADMA RAO, AGED ABOUT 50 YEARS. 2. SHRI KANUMURU RAHUL RAJU, S/O. SHRI K.S. RAJU MANAGING DIRECTOR OF PETITIONER NO. I HAVING REGISTERED OFFICE AT. DOOR NO. 8-2-248, PUNJAGUTTA, HYDERABAD - 500082 ...PETITIONER(S) AND 1. THE STATE OF AP, REPRESENTED.BY PRINCIPAL SECRETARY, FINANCE DEPARTMENT, ANDHRA PRADESH SECRETARIAT, AMARAVATI, ANDHRA PRADESH. 2. STATE OF ANDHRA PRADESH, REPRESENTED BY ASSISTANT COMMISSIONER OF COMMERCIAL TAXES, DOOR NO. 12-468-4, ADJACENT TO NH-16, SERVICE 2 NJS,J & TCDS,J W.P.No.14945 of 2025 ROAD, KUNCHANAPALLY, GUNTUR DISTRICT, ANDHRA PRADESH 3. CHIEF COMMISSIONER OF SALE TAX, DOOR NO. 12- 468-4, ADJACENT TO NH-16, SERVICE ROAD, KUNCHANAPALLY, GUNTUR DISTRICT, ANDHRA PRADESH. 4. COMMISSIONER OF INDUSTRIES, COMMISSIONERATE OF INDUSTRIES, 8TH FLOOR, APIIC TOWERS, MANGALAGIRI, GUNTUR. 5. COMMISSIONER OF COMMERCIAL TAXES, DOOR NO. 12-468-4, ADJACENT TO NH-16, SERVICE ROAD, KUNCHANAPALLY, GUNTUR DISTRICT, ANDHRA PRADESH. 6. OFFICE OF THE ASSISTANT COMMISSIONER CT LTU, KAKINADA DIVISION, D. NO. 10-355,2ND FLOOR, COMMERCIAL TAXES COMPLEX, PITHAPURAM ROAD, KAKINADA, ANDHRA PRADESH. 7. ASSISTANT COMMISSIONER CT LTU, KAKINADA DIVISION, D. NO. 10-355, 2ND FLOOR, COMMERCIAL TAXES COMPLEX, PITHAPURAM ROAD, KAKINADA, ANDHRA PRADESH. 8. OFFICE OF THE ASSISTANT COMMISSIONER STATE TAX, KAKINADA PORT CIRCLE, D. NO. 10-355, 2ND FLOOR, COMMERCIAL TAXES COMPLEX, PITHAPURAM ROAD, KAKINADA, ANDHRA PRADESH. 9. DY COMMERCIAL TAX OFFICER11, KAKINADA PORT CIRCLE, KAKINADA DIVISION, D. NO. 10-355, 2ND FLOOR, COMMERCIAL TAXES COMPLEX, PITHAPURAM ROAD, KAKINADA, ANDHRA PRADESH ...RESPONDENT(S): 3 NJS,J & TCDS,J W.P.No.14945 of 2025 Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased toPleased to Issue a writ, order or a direction in the nature of mandamus to set aside the Impugned Notice bearing DIN No.3703052596462 dated 03.05.2025 issued by the Respondent No.6 to 9 to the Petitioners and any consequential actions arising therefrom Direct the Respondent No.6 to 9 to withdraw the advisory notes datedB. 30.05.2025, 26.05.2025 and 29.04.2025 issued to SEBI, bankers and dealers of the Petitioner No. 1. C. Pass IA NO: 1 OF 2025 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased Pleased to Stay the operation of the Impugned Notice bearing DIN No.3703052596462 dated 03.05.2025 pending disposal of the above writ petition and to pass IA NO: 2 OF 2025 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased Pleased to Stay the operation of the Letter Dated 26.05.2025 issued to the Banker of the Petitioner No. 1 by the Respondents No. 6 to 9 authorities pending disposal of the above maywrit petition and to pass IA NO: 3 OF 2025 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased pleased to Direct the Respondent Nos. 6 & 9, to produce a copy of the advisory note dated 29.04.2025 issued to SEBI seeking restrictions on the sale of shares by major promoters of the petitioner company pending disposal of the above writ petition and to pass 4 NJS,J & TCDS,J W.P.No.14945 of 2025 IA NO: 4 OF 2025 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased may be pleased to receive the counter copies on record by allowing the leave petition in the above writ petition and pass Counsel for the Petitioner(S): 1. RAMALAKSHMANA REDDY SANEPALLI Counsel for the Respondent(S): 1. GP FOR COMMERCIAL TAX 2. GP FOR INDUSTRIES COMMERCE 3. GP FOR FINANCE PLANNING 5 NJS,J & TCDS,J W.P.No.14945 of 2025 The Court made the following order: Sri Ranveer Sisodia, learned counsel representing the learned counsel for the petitioner, appeared through online and submits that, subsequent to the filing of the writ petition, the matter is resolved amicably and in view of the same, the petitioners are not intending to pursue the writ petition and seeks to withdraw the same. 2. Recording the submissions made, the present writ petition is dismissed as withdrawn. No costs. Miscellaneous petitions pending, if any, shall stand closed. __________________________ JUSTICE NINALA JAYASURYA _____________________ JUSTICE T.C.D.SEKHAR Date:15.07.2026 DSB 6 NJS,J & TCDS,J W.P.No.14945 of 2025 94 THE HONOURABLE SRI JUSTICE NINALA JAYASURYA AND HON’BLE SRI JUSTICE T.C.D. SEKHAR WP.No.14945/2025 Dated 15.07.2026 U DSB