JUDGMENT AND ORDER :

Deepak Maheshwari, J

Heard learned counsel for the petitioners as also learned counsel for the complainant-respondent No.2 and learned Public Prosecutor.

2. Two separate criminal misc. petitions have been preferred on behalf of the accused-persons with the prayer to quash and setaside FIR No.145/2016, registered at PS Sadar, Jaipur (West) for the offences under Sections 420, 409, 384 & 120-B IPC.

3. Briefly stated, the facts mentioned in the FIR are that Shri Karanpal Singh, Shri Pawan Kumar Ahluwalia and Shri Prashant Kumar Ahluwalia, who happened to be Directors of Kamal Sponge Steel & Power Ltd. (for short 'KSSPL') purchased iron billets through Omprakash Agarwal and Smt. Sushila Agarwal, Manager & Proprietor respectively of M/s. Maa Ganga Ispat from complainant Akhilesh Agarwal, Director of Maruti Product Pvt. Ltd. (for short 'MPPL'). In the year 2012-2013 KSSPL purchased iron billets worth Rs.1,91,28,775/-. Out of this, iron billets of Rs.1,89,36,232/- were purchased through accused Nos.4 & 5 i.e. Shri Omprakash Agarwal and Smt. Sushila Agarwal. Iron billets worth Rs.1,92,543/- was purchased directly by the accused Nos.1 to 3 from MPPL. It was agreed upon betw

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