Kuldip Singh, Judge.

This petition under Section 482 Cr.P.C. has been filed for quashing FIR No.66 dated 14.08.2009 under Sections 406, 420, 465, 471, 120-B IPC, registered at Police Station, East, Shimla, and criminal case arising out of said FIR pending in the Court of Judicial Magistrate Ist Class, Court No.1, Shimla.

2. It has been stated that respondent No.2 is a Company registered under the Companies Act, 1956. The petitioners had been working in respondent No.2-Company at Circle Office of respondent No.2, situate at Mehli Mount, Mehli, Shimla-9. On 14.08.2009, respondent No.2 has lodged FIR No.66 under Sections 406, 420, 465, 471, 120-B IPC against both the petitioners at Police Station, East, due to some misunderstanding on the basis of complaint made by some inimical person.

3. It has been alleged in the complaint that petitioners had misused their positions and allotted work to their own funded firms without disclosing this fact to the Company and further approved the inflated bills of the said firms. The alleged act of the petitioners is against the Code of Conduct and business ethics, guidelines and thus petitioners have breached the faith and interest of the co