ORDER OF THE COURT

BHARGAVA, J. (On behalf of Shelat, Vaidialingam, Hegde and Grover, JJ.):- (2-5-1969):- We have come to the finding that this was a fit case where the High Court of Madras should have allowed the applications under Section 561-A of the Code of Criminal Procedure and should have quashed the proceedings taken on the basis of the complaint dated 17th March, 1968. Consequently, the appeals are allowed. The order of the High Court is set aside and the proceedings are quashed. The detailed reasons will follows.

Judgement

BHARGAVA, J.:- (23-7-1969) - These appeals, by certificate, challenging a common Order of the High Court of Madras dismissing applications under Section 561-A of the code of Criminal Procedure presented by the appellants in the two appeals for quashing proceedings being taken against them in the Court of the Chief Presidency Magistrate, Madras, on the basis of a complaint filed on 17th March, 1968 by the respondent the Director of Enforcement, New Delhi. The Rayala Corporation Private Ltd., appellant in Criminal Appeal No. 18 of 1969, was accused No.1 in the complaint, while one M. R. Pratap, Managing Director of accused No.1, appellant in Criminal Appeal