( 1 ) BY this order, two applications (Crl. M. (M) 1064/98 and Crl. M. (M) 3524/97) both for anticipatory bail under Section 438 of the Code of Criminal Procedure (for short "the Code), filed by Shri K. K. Dhawan and Smt. Veena Dhawan, former being the husband and latter his wife are being disposed of.

( 2 ) BRIEFLY, the facts are that M/s. Hi-Tech Gears Ltd. , New Delhi in their complaint dated 22nd April 1997 addressed to The Deputy Commissioner of Police (Crime and Railway) had lodged a report against the two petitioners besides the company M/s. Yogi Pharmacy Ltd. (for short "ypl") and other persons working in the said company. On the basis of that complaint, a case FIR No. 994/97 was registered at Police Station Malviya Nagar, New Delhi u/s 420/468/471/120-B Indian Penal Code.

( 3 ) THE allegations made are that YPL had approached the complainant company through its Managing Director Mr. K. K. Dhawan for advancing an Inter-Corporate Deposit (for short "icd") of Rs. 50. 00 lakhs in September 1995. The complainant company after considering the request had agreed to advance only a sum of Rs. 40. 00 lakhs for a period of 90 days as an ICD, subject to YPL furnishing p