( 1 ) THIS revisional application under Section 482 of the Code of Criminal procedure (in short the Code) is aimed at quashing the criminal proceeding being complaint case No. C/609 of 2006 under Sections 138 and 141 of the Negotiable Instruments Act (hereinafter called the N.. Act), 1881 now pending before the learned Metropolitan Magistrate, 4th Court, Calcutta.

( 2 ) MR. Ashim Kumar Routh, the learned Advocate for the petitioners submitted that the complainant referred the matter of dispute between the financer complainant and hirer petitioners to the Arbitrator and the Arbitrator also passed an award which covered all the points including the dues of the complainant. The award was passed on the basis of claim application filed by the O. P. No. 1 under the Arbitration and Conciliation Act. Another application under Section 9 of the Arbitration and Conciliation Act was filed by the O. P. No. 1 before the learned 6th Judge, City Civil Court at ' Calcutta in Misc. Case No. 2076 of 2005. The petitioner has challenged the award no doubt by tiling a petition for setting aside the award. By the order of the learned Judge of the City Civil Court receiver was appointed to take possessio

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