Invoking the inherent power of this Court as incorporated under Section 482 of the Code of Criminal Procedure (in short “the Code”), the petitioner has prayed for quashing of entire criminal proceeding as well as the order dated 12.04.2013 taking cognizance of offence under Sections 120-B and 409 of I.P.C. as also under Sections 13 (2) read with Section 13(1)(d) of Prevention of Corruption Act in connection with R.C. Case no. 11(A) of 2011-D.

2. Bereft of unnecessary details, the facts, which is relevant for the proper adjudication of the issue involved in this criminal miscellaneous petition, in short, is that at the instance of the Superintendent of Police, C.B.I./ACB/Dhanbad, the aforesaid case was instituted under Sections 120-B read with Section 420 and 409 of I.P.C. and also under Sections 13 (2) read with Section 13(1)(d) of Prevention of Corruption Act against several accused persons including the petitioner, who was posted as General Manager in Kustore Area, BCCL, Dhanbad with the allegation that information has been received from reliable source that the petitioner and other accused persons conspired among themselves and abusing their respective official position as