These Criminal Original Petition are filed to quash the complaints and all further criminal proceedings as against the petitioner in CC.Nos.450, 449, 451, 452 and 453/2005 on the file of the learned Judicial Magistrate I, Pondicherry.

2. The brief facts of the prosecution as culled out from the complaints are as follows:-

The petitioner who is arrayed as A1 is the Chairman of the M/s.PNL Nidhi Limited ((herein after referred to as the Company). A2 is the Vice Chairman of the Company, A3 to A6 are the Directors and A7 and A8 are the Secretary and Manager of the Company and A9 is the Company. The respondent/complainant had made investments by way of deposits in the Company/A9 and he had approached the Company for withdrawal of the said deposits. The Company had issued five cheques bearing Nos.968150 for a sum of Rs.2,25,500/- dated 9. 2004, 968151 for a sum of Rs.2,25,500/- dated 9. 2004, 968124 for a sum of Rs.1,80,000/- dated 28. 2004, 968125 for a sum of Rs.1,87,731/-dated 28. 2004 and 968152 for a sum of Rs.2,250,500/- dated 9. 2004 drawn on City Union Bank Limited, Pondicherry signed by S.Ramalingam, Director and V.V.Margbandu, Secretary of the Company, who were in ch