U. Durga Prasad Rao, J.

1. Criminal Petition Nos. 36 of 2015 and 16240 of 2014 are filed by Accused Nos. 1 and 3 respectively under Section 482 Cr.P.C. to quash the proceedings in Cr. No. 274 of 2014 of KPHB Colony PS, Cyberabad District.

2. The facts which led to file the instant petitions are briefly thus:

"a) The private complaint filed by the complainant was forwarded by learned XIX Metropolitan Magistrate, Cyberabad, Miyapur to KPHB PS, on the basis of which the police registered Cr. No. 274 of 2014 under Section 420 r/w 34 IPC against A1 to A3.

b) The complainant Company engaged in construction, contract coal mining and other infrastructural development activities. Whereas A1 Company is a joint venture between Thiess Maurisus PTY Limited and Minecs Finvest Private Limited which undertakes mining and related activities in India. A2 and A3 are the Directors of A1 Company.

c) In the year 2006, National Thermal Power Corporation (NTPC) invited bids for taking out mining operations at Pakri Barwadih Coal Block Project (PB Project) owned by it. A1 participated in the tender process and was shortlisted at the qualification stage. In February, 2008 NTPC invited A1 to submit its price