( 1 ) THIS petition under Section 482 of the Code of Criminal Procedure seeks to quash crime No. 12/2001 of Begumpet Police Station, Secunderabad, which was referred to it by the learned XI Metropolitan Magistrate, Secunderabad.

( 2 ) THE brief averments in the complaint which are necessary for the disposal of the petition are that the petitioners are doing business of selling all kinds of electronic items, that the petitioners are dealers of the 1st respondent-company, that the petitioners used to purchase various electronic items from the 1st respondent-company on credit facility, that the petitioners, in discharge of certain dues to the 1st respondent-company, issued a cheque bearing No. 571379, dated 15-5-1998, for a sum of Rs. 50,000/- drawn on United Bank of India, Secunderabad Branch, Secunderabad, signed by the 2nd petitioner in the capacity of the proprietor of the 1st petitioner, that on the confirmation given by the petitioners that the cheque would be honoured on its presentation, the 1st respondent-company presented the cheque with its bankers, but the cheque was returned unpaid with the endorsement, account closed , that the petitioners by making a fal