( 1 ) THIS revisional application under section 482 of the Criminal Procedure code (in short the Code) is aimed at quashing the proceeding of complaint case no. C-1024 of 2003 under sections 420/120b of the Indian Penal Code (in short ipc) now pending before the learned 12th Metropolitan Magistrate, Calcutta and for setting aside the orders dated 8. 12. 03 and 17. 1. 04 passed by the learned magistrate thereby taking cognizance of offence and issuing process against the petitioner.

( 2 ) THE aforesaid complaint Case being Case No. C-1024 of 2003 was initiated on the basis of complaint filed by the opposite party (in short O. P.) namely M/s. H. V. Doshi and Bros. Pvt. Ltd. The gist of the complaint may be summarised as follows.

( 3 ) THE accused No. 1 company incorporated under the Companies Act is engaged in manufacturing various products including manufacture of engineering files and tools and also marketing such products. Accused Nos. 2, 3 and 4 are all working for gain in their respective posts under accused No. 1 company. The complainant is acting as an 'indenting Agent' for and on behalf of accused No. 1 for decades and from time to time whenever renewal of