(1) These two criminal petitions are filed by the accused Nos.2 and 1 respectively for quashing charge sheet in C.C. No.22 of 2005 on the file of Special Judge for C.B.I cases, Hyderabad relating to offences punishable under Sections 120-B, 420 I.P.C and Sections 13(2)/13(1)(d) of the Prevention of Corruption Act.

(2) A-1 worked as Branch Manager in Andhra Bank, M.G.Road Branch, Secunderabad. A-2 is Managing Director of M/s.Zental Drugs (P) Limited, Hyderabad. The respondent i.e., C.B.I filed charge sheet against A-1 to A-4 in Rc.37(A)/2003-Hyd, in the lower Court. A-2 applied for loans from A-1s bank under Open Cash Credit (O.C.C) limits and In-land Letter of Credit (I.L.C) for purpose of running his factory at Yellampet. It is alleged that A-1 as Chief Manager of the Bank during the year 2000-01 conspired with A-2 to A-4 and sanctioned O.C.C of Rs.65,00,000/- and I.L.C of Rs.65,00,000/-to M/s.Zental Drugs(P) Limited for manufacturing of medicines and formulations, on the basis of equitable mortgage of fraudulently acquired property documents pertaining to house belonging to one of the co-obligants Arti Kashyap without her consent and knowledge and that subsequently on