R. Kantha Rao, J.

1. Crl. P. No. 10179 of 2013 is filed by A-1 and A-2 and Crl. P. No. 10180 of 2013 is filed by A-3 and A-4 under Section 482 Cr.P.C. to quash the entire proceedings in C.C. Nos. 500 of 2013 on the file of the XI Special Magistrate, Erramanzil, Hyderabad. The brief averments in the complaint filed by the second respondent-Axis Bank Ltd., Ahmedabad, Gujarat State under Section 138 read with 141 of the Negotiable Instruments Act (for short 'the Act') may be stated as follows:

2. The second respondent is the banking company incorporated under the Companies Act, 1956 having its registered office at Ahmedabad, Gujarat State and branches at various places including the present Corporate Branch at Begumpet, Hyderabad. A-1 is the private limited Company, A-2 is the Director and authorized signatory, A-3 and A-4 are the directors of A-1 company who are actively involved in the day-to-day activities of the Company in its functions and as such are responsible for the acts of the company. At the request of A-1 company from time to time, the complainant bank sanctioned certain additional loan facilities amounting to ` 100 Crores for the purpose of meeting various requirement