The petitioners are A-1, A-2 and A-7 in Criminal Petition Nos.9135 of 2015 and A-3 to A-6 in Criminal Petition No.8905 of 2015 in Crime No.826 of 2015 of P.S.Banjara Hills registered for the offence punishable under Sections 415, 418, 420 and 120-B (sic.120-A) read with 34 I.P.C on the report of the 2nd respondent/defacto-complainant dated 23.07.2015. It is mentioned the date and time of offence was 23.07.2012 and the names of the accused mentioned were A-1 entity M/s.Gemini Film Circuit represented by its Partner A.Manohar Prasad, A-2 A.Manohar Prasad, A-3 Mrs.A.Sai Jyothi, A-4, Mrs.A.Lakshmi Anandi, A-5 Mr.A.Anand Prasad, A-6 Mr.Kovelamudi Bapaiah, A-7 M/s.Gemini Industries & Imaging Limited represented by its Joint Managing Director Mr.A.Manohar Prasad. A-7 is no other than A-2 individually and representing A-1 firm and its partner. The petitioners sought for quashing F.I.R supra.

2) The report of the defacto-complainant speaks in nutshell that A-1 entity obtained a loan of Rs.7.50 crores from the Company M/s.Venkateswara Financiers represented by its General Manager (finance) K.R.Reddy (defacto-complainant) for production of Tamil Film Madagaja Raja, against security ov