A. P. Thaker, J.

Rule. Ms. Moxa Thakkar, learned APP waives service of rule for respondent no.1, learned counsel, Mr.B.M.Thakkar waives service of rule for respondent no.2 and learned counsel Mr.R.C.Kodekar waives service on behalf of CBI.

2. By filing this writ application under Section 482 of the Code of Criminal Procedure, 1973, the applicants have prayed to quash and set aside the FIR being R.C.No.16(A) 2002-GNR registered on 11th July 2002 for the offences punishable under Sections 120 (B) read with Section 420 of IPC and Section 13 (2) read with Section 13 (1) (d) of the Prevention of Corruption Act filed by CBI/SRE, Gandhinagar Police Station.

3. The short facts of the case are that M/s.Tirtheshwara Plywood Private Limited-accused no.5 having Bharat Dahyabhai Bhavsar-Accused no.6, Sudhaben Bharatbhai Bhavsar-accused no.7, Dineshbhai Dahiyabhai Patel-accused no.8, Bharatbhai Nathabhai Patel-accused no.9, Vikrambhai Shankarbhai Patel-accused no.10 as Managing Director and Directors, submitted an application on 25.8.1994 to avail raw material assistance scheme (RMA) in National Small Industries Corporation Limited (NSIC) and, thus, availed this facility under RMA schem