( 1 ) THE applicant in all these four Company Applications, namely, Steel Authority of India Limited (SAIL) is a Government Company within the meaning of Section 617 of the Companies Act, 1956. The applicant has taken out these Judges Summons seeking transfer and disposal of the Criminal Case Nos. 1698, 1699, 1700 and 1701 of 2000 pending in the Court of Metropolitan Magistrate, Court No. 5, Ahmedabad, filed by the Opponent No. 2, namely, Shri Apurva Shantilal Shah, Ex-Managing Director of Gujarat Steel Tubes Limited (In Liquidation) against the applicant and Opponent Nos. 3 to 6 who were the Officers of the applicant at the relevant point of time, under Sections 120-B, 114, 34, 409 etc. of Indian Penal Code. The applicant has also prayed for stay against further proceedings of the above referred Criminal Cases pending before the Court of Metropolitan Magistrate, Court No. 5, Ahmedabad.

( 2 ) ONE Mr. Debashish Pramanik has filed an affidavit in support of the Judges Summons. Mr. A. C. Gandhi, learned advocate appearing for the applicant has submitted that the Company in liquidation, prior to its liquidation was engaged in the business of production and trading of stee