Rajeev Ranjan Prasad, J.

Heard Mr. P.K. Shahi, learned Senior Counsel assisted by Mr. Alok Kumar Agrawal, Advocate for the petitioner and Mr. Jitendra Singh, learned Senior Counsel assisted by Mr. B.N. Pandey, Advocate for the private respondent.

2. Petitioner has moved this Court for quashing of the First Information Report (FIR) being Kotwali (Patna) P.S. Case No. 601/14 dated 01.10.2014 registered under Sections 406/420/468/470/471/506/120B of the Indian Penal Code.

3. The allegations, as appearing from the written complaint made by the respondent no. 5, who is an Assistant Manager of a Company engaged in the business of procurement in commodities for buyers providing an electronic trading platform for spot contract in commodities etc., are as under.

3.1 It is alleged that this petitioner along with Smt. Pushpa Devi Agrawal and Sri Ranjit Agrawal as also Sri Dipak Agrawal and Sri Sunil Bhalotia approached the informant and one Mr. Abhay Kumar working at the Patna Office of the complainant Company. The petitioner allegedly introduced himself as the Director of Progressive Sales Pvt. Ltd. engaged in the business of Sugar Trading since 1988.

The informant was given to understa