P.B.MAJMUDAR
SUNDARAM FINANCE LIMITED – Appellant
Versus
STATE OF GUJARAT – Respondent
( 2 ) TODAY, when the matter is called out, it is stated before the Court that settlement is not possible and the Court may proceed with the judgement. Since the point involved in all these matters is common, with the consent of the parties, all these matters are taken together for final disposal.
( 3 ) APPLICANT No. 1 is a financial company, which is incorporated under the Companies act. So far as Criminal Misc. Application No. 255/2001 is concerned, it arises out of a complaint filed by respondent No. 2-Smt. Shardaben Bhogilal Mehta, which is registered as Criminal Case No. 1381/2000 against applicant No. 1 " company as well as against its directors and branch manager respectively. Aforesaid complaint is filed by respondent No. 2 herein on the allegations that by mortgaging trucks and others vehicles, which are purchased for business purp
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