JUDGMENT/ORDER

1. The petitioners/accused 1, 2, 4, 5, 7, 8 and 9 are before this Court calling in question registration of a crime in Crime No.35 of 2020 for offences punishable under Ss. 406, 420, 120B and 34 of the IPC.

2. Brief facts that lead the petitioners to this Court in the subject petition, as borne out from the pleadings, are as follows:-

The 2nd respondent is the complainant and proprietor of SRS Travels. The 1st petitioner is Scania Commercial Vehicles India Private Limited ('Company' for short) and other petitioners are either Managing Director, Director or office bearers of the 1st petitioner/Company. The 2nd respondent is a transport operator operating fleet of buses. The 1st petitioner deals with sales of buses. In the year 2013 the 1st petitioner and the complainant entered into certain transaction with regard to sale and purchase of buses. The purchase of buses was financed by Volkswagen Finance Private Limited (hereinafter referred to as 'the Financier' for short). The complainant purchased buses from the 1st petitioner throughout the period between 2013 and 2018. The complainant appears to have defaulted in payment of installments to the Financier. This led the