JUDGMENT

Maheshan Nagaprasanna, J. - The petitioners/accused Nos. 5 and 6 call in question proceedings in Crime No. 12 of 2022 registered for offences punishable under Sections 120B, 406, 420, 424 and 149 of the IPC pending before the IV Additional Chief Metropolitan Magistrate, Bangalore City.

2. Brief facts leading to the filing of the present petition, as borne out from the records, are as follows:-

The first petitioner M/s. Switz International Private Limited (for short 'the SIP') is in the business of finance, financing films in particular. The 3rd respondent-M/s. Mediente Films International Private Limited ('the Company' for short) is a film making company. The complainant is the Director of the said Company. The Company acquired remaking rights of Hindi movie 'Queen' into four Indian regional languages viz., Kannada, Telugu, Tamil and Malayalam. In order to complete the project the Company sought finance from the hands of SIP and the SIP and the Company entered into an agreement of financing the feature film on 6-11-2018. Rs. 25/- crores was taken as advance in terms of th