These applications have been filed for quashing of the proceedings in R.C. No. 12/EOW/86 and investigations in R.C. No. 13/EOW/86, R.C. No. 14/EOW/86 and R.C. No. 15/EOW/86 dated 17th December, 1986 under Section 420/468/471 of the I.P.C. and Section 5(1)(d) and 5(2) of the Prevention of Corruption Act, 1947. This application in R.C. No. 12/EOW/86 is taken up together with other applications being of the same nature and against the same person.

2. On 18.12.1986, the Deputy Manager of the Tamilnad Mercantile Bank Ltd. lodged a complaint before the Superintendent of Police, Central Bureau of investigation, Economic Offence Wing, 234/14, Acharya Jagadish Chandra Bose Road, Calcutta by writing a letter against the petitioner Pawan Kumar Ruia and others under Section 120B read with Sections 420/468/471 of the Indian Penal Code and Sec. 5(1)(d) and 5(2) of the Prevention of Corruption Act, 1947 stating inter alia, as follows:-

During the period from January 1984 to June 1984, Charles Solomon, the then Calcutta Branch Manager misused his official position and power and committed fraud, conspiracy and cheating in a pre-planned manner thereby cheating the said Bank with a view to secu