N. Y. HANUMANTHAPPA, J.

( 1 ) THE petitioner has filed the writ petition seeking Writ of Mandamus or any other appropriate writ to grant the following reliefs: (1) to declare F. I. R. 15/97 of Panjagutta Police Station as illegal and to restrain the first respondent to proceed with the investigation pursuant to the F. I. R. after quashing the letters dated 9-1-1997 bearing no. l5/insn-PC/97 addressed by the first respondent to the petitioner s bankers and subsequent letters, (2) to direct the respondents 2 and 3 to honour the bank guarantee nos. 18/47, dated 19-2-1996 and 3/94-95, dated 19-5-1994 furnished by the respondents 2 and 3 to the petitioner and to grant such other reliefs,

( 2 ) A few facts which are necessary to dispose of the writ petition are asfollows: The petitioner is a company incorporated under the Companies Act, 1956 (hereinafter referred to as the Act) having Head Office in New Delhi. It has an authorised capital of Rs. 150 crores and paid up capital of rs. 128-42 crores. It has more than 1. 5 lakhs Indian citizens as its members/ share-holders. The company has set up a large cement plant at village Ras, tehsil Jaitaran, Pali district, Rajasthan State involving a

Click Here to Read the rest of this document