JUDGMENT :

Shampa Dutt (Paul), J.

1. The present revisional application has been preferred praying for quashing of the proceeding pending before the Learned Metropolitan Magistrate 9th Court, Kolkata, in connection with Complaint Case no. C.S. 32544 of 2019, under Sections 406 /409/420/120B of the INDIAN PENAL CODE , 1860.

2. The petitioner’s case herein is that the petitioner no. 1 is a company within the meaning of the Companies Act, 1956, having its Registered office as mentioned in the cause title. The petitioners no. 2, 3 & 4 are the Directors of the petitioner no.1.

3. The petitioners no. 2, 3 & 4 being the directors of the petitioner no. 1 are in full charge of the day to day affairs and/or business of petitioner no. 1 and they take all necessary decisions on behalf of the petitioner no. 1/company.

4. The petitioners state that the petitioner no. 1/company deals with the business of export & import and the petitioners are doing such business for a considerable period of time with great reputation.

5. For the purpose of smooth running of the aforesaid business the petitioners used to obtain financial assistance from various banks and other financial institutions. The petition