ORDER

Heard learned Senior Counsel for the petitioner, learned Senior Counsel for the complainant and learned A.P.P. for the State.

2. The petitioner apprehends his arrest in a case registered for the offences punishable under Sections 403, 409, 419, 420, 467, 468, 477 (A) and 120 (B)/34 of the Indian Penal Code.

3(1). As per the FIR, the prosecution story, in brief, is that, the complainant is the founder of M/s Aqua Fine Agro Industries, which was established in 1989. Later on, in the year 2004, the firm was registered as a company in the name of Indigo Steel Pvt. Ltd. It is further alleged that the complainant being the chief promoter, with his heavy investment and long earned skills, established and promoted the business of the company. As he has less knowledge with regard to paper work, he made his close aide Ramavtar Agarwal and Arun Kumar Agarwal as Director in 1993, and when Arun Kumar Agarwal resigned, Sunil Kumar Agarwal, husband of the petitioner, became Director of the Company. On 1st April, 2012, Ramavtar Agarwal retired and before his retirement, the complainant was inducted as Director of the company and formulated the resolution in this regard. Prior to, Ramavtar Agar