Dr. B. Siva Sankara Rao, J.

1. This criminal petition is filed by the petitioner/A3-N. Srinivasan, no other than the Vice-Chairman and Managing Director of A7-M/s. India Cements Limited, under Section 482 Cr.P.C., praying to quash the proceedings in CC No. 24 of 2013 on the file of the learned Principal Special Judge for C.B.I. Cases, Hyderabad at Nampally, which is the outcome of FIR in RC No. 19(A)/2011, registered on 17.8.2011, for the offences punishable under Sections 120-B read with 420, 409, 477-A IPC and Section 13(1)(C & D) of the Prevention of Corruption Act, 1988, against more than 73 accused (where the petitioner-A3 was not named), pursuant to the directions in WP Nos. 794 and 6604 of 2011, and after investigation and final report submitted by the state through C.B.I., Hyderabad, the learned Special Judge for C.B.I. cases, Hyderabad has taken cognizance for the offences punishable under Sections 120-B read with 420 IPC and Section 12 of the Prevention of Corruption Act, 1988, in so far as against the petitioner/A3 concerned, leave about other 8 accused charged including A7-M/s. India Cements Limited, rep. by its Vice-Chairman and Managing Director (petitioner/A3-i