Mandava Ashapriya vs State & Anr

ik-91086111 Delhi High Court 27 November 2025 • 25 min read

Judges (1)

Neena Bansal Krishna Delivered

Counsel (14)

Abhigyan Counsel Petitioner Abhishek Saket Counsel Petitioner Amrita Vatsa Counsel Petitioner Devrishi Tyagi Counsel Petitioner Kunal Saini Counsel Respondent Manish Madhukar Counsel Petitioner Nishaank Maitoo Counsel Petitioner Pramod Kumar Dubey Counsel Petitioner Rama Chanduin B. Siddhartha Counsel Petitioner Rupraj Banerjee Counsel Petitioner Shoaib Haider Counsel Respondent Shreya Sircar Counsel Respondent Siddharth Agarwal Counsel Respondent Sidharth Sethi Counsel Respondent

Parties (6)

NSL Energy Ventures Private Limited Respondent PTC India Financial Services Ltd. Respondent State Respondent Mandava Ashapriya Petitioner Mandava Rao Prabhakara Petitioner Ramakoteswara Rao Kommalapati Petitioner

Case Significance

Mandava Ashapriya vs State & Anr is a Delhi High Court decision dated November 27, 2025 (citation: ik-91086111). Multiple connected petitions were filed seeking quashing of NI Act Section 138 criminal complaints by PTC India Financial Services against company directors of NSL Energy Ventures. The Court dismissed petitions by Mandava Ashapriya (Accused No. 7), NSL Energy Ventures (Accused No. 10), and Ramakoteswara Rao Kommalapati (Accused No. 3), finding sufficient averments of their responsibility for the company's day-to-day affairs. However, petitions by Mandava Rao Prabhakara (Accused No. 2) were al The case was heard by Justice Neena Bansal Krishna.

Summary

Multiple connected petitions were filed seeking quashing of NI Act Section 138 criminal complaints by PTC India Financial Services against company directors of NSL Energy Ventures. The Court dismissed petitions by Mandava Ashapriya (Accused No. 7), NSL Energy Ventures (Accused No. 10), and Ramakoteswara Rao Kommalapati (Accused No. 3), finding sufficient averments of their responsibility for the company's day-to-day affairs. However, petitions by Mandava Rao Prabhakara (Accused No. 2) were allowed and he was discharged, as there were no specific averments defining his role.

What was the outcome of Mandava Ashapriya vs State & Anr?

Multiple connected petitions were filed seeking quashing of NI Act Section 138 criminal complaints by PTC India Financial Services against company directors of NSL Energy Ventures. The Court dismissed...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-91086111)