Invoking the extra ordinary jurisdiction of this Court under Article 226 of the Constitution of India, the petitioners question the legality of the orders dated 21.02.2015, 19.03.2015 and 14.07.2015 passed by learned Chief Judicial Magistrate, Dhanbad in connection with Dhanbad (Dhansar) P.S. Case no. 1015 of 2014 corresponding to G.R. Case no. 4694 of 2014 whereby and whereunder the warrant of arrest, the Proclamation under Sections 82 and Processes for attachment of the properties of the petitioners under Section 83 of the Code of Criminal Procedure (in short the Code) respectively have been issued.

2. Bereft of unnecessary details, the facts, which are necessary to be stated, are that at the instance of the informant Anil Kumar Agarwal, the aforesaid case was instituted under Sections 406, 420 and 120(B) of the Indian Penal Code with the allegation that in the year 2011, the accused persons including the petitioners approached the informant and introduced themselves as the Managing Director and Director of M/s. Metallics Limited, Barbil, Keonjhar, Orissa and expressed their desire to purchase coal on credit and promised to pay the consideration amount soon after the deliv