N.K. Mitra, J. - In this writ application, the petitioners have challenged the Complaint Case No. 840/B of 1989 arising out of a complaint lodged by the respondent No.2 before the learned Metropolitan Magistrate, 28th Court, Bombay, so far as the writ petitioners are concerned.

2. Shorn of all details, the facts as stated by the petitioners in the writ application inter alia, are that the petitioner No.1 is a Private Company and carries on business as Finance and Investment Company at 95, Park Street, Calcutta - 700 016, within the territorial jurisdiction of this Hon'ble Court and the petitioner No.2 is a shareholder and Director of the petitioner No.1 company. In the month of March, 1989, the respondent No.3 approached the petitioner No.1 for a loanandior advance of Rupees two lacs which was sanctioned after negotiation, and at the request of the respondent No.3, the petitioner No.1 issued two cheques of Rupees one lacs each in the name of the respondent No.2, under the signature of the petitioner No.2, on March 17,1 ?89, drawn on the Vijaya Bank at Shakespeare Sarani, Calcutta, with a request to deposit one cheque on 30th of March, 1989 and the other on the 10th of Apr