After several court hearings over assets distribution of Vijaya Dairy, the Telangana High Court on Friday gave a jolt to the Andhra Pradesh government. Pronouncing the order, Justice M S Ramachandra Rao along with Justice T Vinod Kumar stated that Andhra Pradesh cannot claim any right over the prestigious brand’s milk products factory.
The judgement was passed after hearing the argument from both the states upon the petition filed by the AP State Dairy Development Cooperative Federation which alleged that Telangana started forming its own Dairy development federation even before the commencement of assets between the stated after bifurcation.
The bench also said that the AP Reorganisation Act did not bestow any adjudicatory role on the central government to resolve the disputes that crop up between AP and Telangana. Also, the head office of Vijaya Dairy, its guest house at Somajiguda along with the funds lying in six bank accounts shall be shared in 58: 42 ratio between AP and Telangana Dairy federations.
