JUDGMENT :

SUBRAMONIUM PRASAD, J.

1. CRL.M.C. 2163/2012 & CRL.M.C. 2324/2012 are for quashing order dated 23.04.2012 passed by the learned Metropolitan Magistrate in Complaint Case No.103/2010.

2. It is pertinent to mention here that Charu Motors (Petitioner No.1 in CRL.M.C. 2163/2012 & Respondent No.3 in CRL.M.C. 2324/2012) is a company authorized for selling and servicing of four wheelers manufactured by M/s Hans Hyundai. Petitioner No.2 in CRL.M.C. 2163/2012 is the Director of Charu Motors. Kotak Mahindra Primus Limited (Petitioner No.1 in CRL.M.C. 2324/2012 & Respondent No.2 in CRL.M.C. 2163/2012) is a Non-Banking Financial Company (hereinafter, 'the Bank'), Uday Kotak (Petitioner No.2 in CRL.M.C. 2324/2012 & Respondent No.3 in CRL.M.C. 2163/2012) is the Chairman of Kotak Mahindra Primus Limited, and Sumit Bali (Petitioner No.3 in CRL.M.C. 2324/2012 & Respondent No.4 in CRL.M.C .2163/2012).

3. Facts, in brief, leading to the present petitions are as under:

a) On 25.01.2001, Respondent No.1 in CRL.M.C.2163/2012, who is the same as Respondent No.2 in CRL.M.C.2324/2012, (hereinafter, 'the Complainant') purchased one Hyundai Santro car for a on-road cost of Rs. 4,09,047.00/-. It is stat