JUDGMENT - B.B. VAGYANI, J.:---Heard learned Senior Counsel Shri Shirish Gupte, with Shri B.R. Warma, learned Advocate, for the petitioners and learned A.P.P. Shri V.D. Sapkal for the respondent State in Criminal Writ Petition No. 361/1998.

2. Heard learned Advocate Shri V.D. Hon for the petitioners and learned A.P.P. Shri S.K. Tambe for the respondent State in Criminal Application No. 2397/1998.

3. The law points involved in Criminal Writ Petition No. 361/1998 and Criminal Application No. 2397/1998 are identical and, therefore, both the petitions are disposed of by common order.

4. The facts giving rise to the Criminal Writ Petition No. 361/1998 are as under :

The petitioners Nos. 1 to 3 are the Directors of M/s. Gufic Pharma Pvt. Ltd. (hereinafter referred to as 'the said company'). The said company is registered under the Companies Act, 1956. The office of the said company is situated at Nehru Road, Vile Parle (East), Mumbai 400 007. The registered office of the said company is in the State of Gujarat.

5. The said company carries on business of manufacturing pharmaceuticals, using bottles, containers, tubes, wrapping material, insulating material and other blow moulded form from ext

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