1. Heard learned counsel for the petitioners and the State.

2. In this case, petitioners are challenging the order of cognizance dated 15th October, passed in Complaint Case No. 1434 © of 2001 for offences u/s 406, 420, 120(B) IPC.

3. In this case, it has been alleged in the complaint petition, on 2nd March 1998 petitioners were appointed as C & F Agent of Rajasthan of M/s Dhriti Agro Farms Pvt. Ltd. by O.P. No. 2 and handed over the letter of appointment at the residence of the in-laws of the complainant. As per the complaint petition, the complainant was to make investment through raw materials/finished goods of Rs.17.5 lacs at any point of time and the accused persons (petitioners) were to supply the finished goods. It has further been alleged that the O.P. No. 2 had made several payments for the supply of raw materials to different suppliers of accused-petitioner on their instruction, as per the statement of account, complainant, O.P. No. 2 had already paid Rs. 30,24,950.00 which was outstanding against the accused persons as on 15th June 2000. He has further alleged that the accused persons had confirmed the balance amount of Rs.14,46,901.30 p as outstanding against them