By the Court. - Initially this application had been filed for quashing of the first information report of Sonari P.S. Case No.120 of 2012, registered under Sections 420/406/34 of the Indian Penal Code. While the matter was pending for consideration, charge-sheet was submitted upon which cognizance of the offences punishable under Sections 406/420/34 of the Indian Penal Code was taken vide order dated 28.1.2013, against petitioner Nos. 2 to 5. That order was challenged by way of interlocutory application (I.A. No. 1763/2013). Since, the cognizance was not taken against petitioner No.1 U.S. Parekh, prayer was made that this application be allowed to be confined to petitioner Nos. 2 to 5 only.

2. Before adverting to the submissions advanced on behalf of the parties, the case of O.P. No.2-complainant-informant needs to be taken notice of. It appears that the complainant O.P. No. 2 filed a complaint stating therein that petitioner Nos. 2 to 5 being the Directors of a Company (Garg Group) approached the complainant, an authorized signatory and representative of a Company known as M/s Samridhi Sponge Limited being run by Chandra Group of Companies for sell of the shares held by the p