1. By way of the present petition filed under Section 482 of The Code of Criminal Procedure, 1973 (hereinafter referred as ‘Cr.P.C.’) the petitioner seeks quashing of order dated 05.05.2017 passed by the Additional Session Judge (hereinafter referred as ‘ASJ’), South, Saket Courts, whereby the revision petition titled “Vikram Awasty v. State” Crl. Rev. No. 8356/2016 and also order dated 06.08.2016 whereby the learned ACMM declined to cancel the Open Non-Bailable Warrants.

2. The brief facts of the present case are that the complainant/Hassad Food Company lodged an FIR against the petitioner on 03.12.2014 at PS EOW, wherein it was mentioned that the complainant is a company based in Netherland who on misrepresentation made by the petitioner and the Standard Chartered Pvt. Equity Limited (I) & (II) (SCPE), in the financial accounts and with regard to the level of stock of his company (worth approx. Rs.800 crores), was induced to invest in his company approximately to the tune of Rs.750 crores. The complainant acquired 69.5% of the share of the petitioner’s company. The petitioner also availed various loan facilities from Consortium of Banks as working capital loans, packing