1. In this petition filed under Section 482 Cr.P.C. the petitioners/A.1 and A.2 seek to quash the proceedings against them in Crime No. 116/2017 of Central Crime Station PS, Hyderabad, registered for the offences under Sections 406 and 420 IPC.

2. The brief allegations of the complaint are that the defacto complainant along with his friend i.e. Dr. Altaf Naseem and A.1 entered into a partnership deed on 14.05.2012 to establish Childrens clinic under the name Candy Children Hospital and subsequently, they entered into another Partnership Deed on 10.08.2015 to establish pharmacy styled as Candy Medical & General Stores. A.1 used to handle day-to-day collections/payments and other administrative expenses etc. but during the year 2016-17, it was noticed that there were lot of discrepancies in the maintenance of accounts since the year 2014. Initially the amounts were regularly deposited in bank but the said system was given a go-bye by A.1 for the reasons not known to other partners. The approximate amount which was not deposited by A.1 was worked out to Rs. 68 lakhs, which was the income of the Hospital supposed to be accrued as profit. A.1 never called for any meeting with part