JUDGMENT :

Heard Mr. Aabad Ponda, learned Senior counsel assisted by Mr. Jugal Kanani, Mr. Varun Sharma and Mr. Mrinal Singh, learned counsel for the petitioner in Cr. M.P. No.1596 of 2017 and Mr. Nipun Bakshi, learned counsel for the petitioner in Cr. M.P. No.2164 of 2017 and Mr. Sumeet Gadodia assisted by Mr. Siddharth Ranjan, learned counsel for the opposite party nos. 2 and 3 in both the petitions.

2. In both the petitions, similar F.I.R. is under challenge and that is why both the petitions have been heard together.

3. Mr. Aabad Ponda, learned Senior counsel has argued Cr. M.P. No.1596 of 2017 and Mr. Nipun Bakshi, learned counsel has adopted his argument in Cr. M.P. No.2164 of 2017.

4. These petitions have been filed for quashing of noting of Bistupur P.S. Case No. 40 of 2017, corresponding to G.R. Case No.429 of 2017, dated 15.02.2017, registered under Sections 420/406/120-B/34 of the Indian Penal Code against the petitioners, pending in the court of the learned Chief Judicial Magistrate at Jamshedpur.

5. Mr. Ponda, learned Senior counsel appearing for the petitioners at the