JUDGMENT :

Heard Mr. Kalyan Roy, learned counsel appearing for the petitioner, Mr. Tarun Kumar, learned A.P.P. for the State and Mr. Dhirendra Kumar Deo, learned counsel appearing for the O.P. Nos. 2 to 4.

2. This petition has been filed for quashing the entire criminal proceedings as well as the FIR, in connection with Mandu (WB) P.S. Case No. 315 of 2016 corresponding to G.R. No. 1176 of 2016 for the offences under Sections 406, 420, 418 and 120-B of the Indian Penal Code, pending in the Court of learned A.C.J.M. Ramgarh.

3. The opposite parties have filed the complaint case being complaint case No. 352 of 2016 which has been referred to the concerned police station under Section 156(3) Cr.P.C. to register and investigate the case by the Chief Judicial Magistrate, Ramgarh. On the basis of said direction issued under Section 156(3) Cr.P.C., the police has registered the instant case alleging inter alia that the petitioner has cheated the complainants to insist Punjab National Bank for making illegal pressure on the complainant, for payment of loan of Rs.44,88,248.80 which the opposite parties are not liable to pay. It is alleged that the complainants retired partners of the company c