No violation of law in taking loans through APSDC

No violation of law in taking loans through APSDC

The Andhra Pradesh government has defended its decision to borrow money from banks through AP State Development Corporation, stating that it had not violated any Constitutional provisions in the process.

Senior advocate Dushyant Dave arguing on behalf of the state government said this in his counter affidavit in the state high court hearing a Public Interest Litigation filed by Telugu Desam Party legislator Velagapudi Ramakrishna and another petitioner.

Dave contended that the PIL was nothing but a political interest litigation petition to create hurdles in the functioning of the corporation.

The high court bench headed by Chief Justice Arup Kumar

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