( 1 ) THESE applications under Section 482 of the Code of Criminal Procedure, 1973 are preferred by the petitioners of both these applications with a prayer to quash and set aside the complaint bearing FIR no. 619 of 2005 lodged at A- Division Police Station, Bhavnagar, by the respondent no.-2 ?arun Kumar Hansraj Jain on 29-9-2006 for the offence punishable under Sections 406, 420, 467 read with Section 120-B and 114 of the Indian Peal Code as also the subsequent proceedings arising therefrom. 1. 1 It may be stated that petitioner (accused no. 3) of Criminal Misc. Application no. 2270 of 2007 is the Branch Manager of State Trading Corporation of India (STC) while the petitioners nos. 1 and 2 (accused nos. 4 and 5) of Criminal Misc. Application no. 2265 of 2007 are the Chairman-cum-Managing Director, and Director (Finance) of the said Corporation and both these applications arise from the same complaint filed by Arun Kumar Hansraj Jain, Chairman-cum Managing Director of Garg Casteels Pvt. Ltd. Since the question involved as also the facts are common in both these petitions, the same are being disposed of by this common judgment.

( 2 ) THE respondent no. 2 ?complainant ?arunkumar Han

Click Here to Read the rest of this document