R. M. S. KHANDEPARKAR, J.

( 1 ) HEARD. Rule. By consent, the rule is made returnable forthwith.

( 2 ) THE petitioner seeks to quash the complaint dated 6-11-2004 stated to have been filed by the respondent No. 1 with the respondent No. 2 and further, for the direction to restrain the respondent No. 2 from carrying out the investigation in relation to the said complaint.

( 3 ) IT is the case of the petitioner that in the course of its regular business, it had sanctioned loan to the respondent No. 1 and accordingly had disbursed an amount of Rs. 1,45,00,000/- in terms of the loan agreement dated 15-9-2000. Having obtained the said loan, the respondent No. 1 issued three post-dated cheques - one dated 1-7-2002 towards the repayment of the principal amount of rs. 1,45,00,000/- and the remaining two dated 15-9-2001 - one for a sum of rs. 18,09,600/- towards the interest payable upto 15-9-2001 and another for rs. 14,32,807/- towards the interest payable for the period from 15-9-2001 to 30-6-2002. The cheques towards the interest payment were issued after deduction of the tax at source. The respondent No. 1 also deposited the shares of various companies by way of pledge in pursuan