ORDER :

1. This writ petition under Article 226 of the Constitution of India is filed seeking a mandamus declaring the action of the 3rd respondent-Station House Officer of Kankipadu Police Station, Vijayawada City, in registering the FIR in Crime No. 239/2021 for the offences punishable under Sections 120B, 403, 408, 420 and 477A of IPC and under Section 66C read with Section 43 of the Information Technology Act, 2008, against the petitioners on the basis of the report lodged by the de facto complainant, who is the 4th respondent, as unconstitutional and consequently to set aside the same.

2. Facts of the prosecution case, germane to dispose of this writ petition, as set out in the FIR, may be stated as follows:

(a) Varsity Education Management Private Limited (VEMPL, for brevity) is a company registered under the Companies Act, 1956. It has been doing business in providing education and coaching for competitive examinations to the students and also rendering educational services to various institutions under the name and style “Sri Chaitanya” through its various branches. The de facto complainant is one of the directors of the said VEMPL. It is stated that VEMPL over the past 10 yea