1. Invoking the inherent jurisdiction of this Court under Section 482 of Cr.P.C. the petitioner has preferred this petition to set aside the order passed in the Memorandum in C.C.No.22 of 2006, dated 18.09.2010, pending on the file of the learned XI Additional

Special Judge for CBI Cases, Chennai.

2. The facts, which are absolutely necessary for the disposal of the petition are as under:

The petitioner has been employed as the Branch Manager of Union Bank of India at Chetput Branch, Polur Taluk, Tiruvannamalai District. He has been facing charges under Sections 120-B read with 409, 420 I.P.C. and Section 13(2) read with 13(1)(c)(d) of the Prevention of Corruption Act, 1988, in connection with the case in C.C.No.22 of 2006, on the file of the learned XI Additional Special Judge for CBI Cases, Chennai.

3. The case of the prosecution in nutshell is that during September 2003 to February 2004, the petitioner along with the other accused had conspired to cheat the bank by abusing their official position by permitting M/s.Anand Agencies to indulge in Kite Flying Operation by giving immediate credit to the high value outward clearing cheque, while on the other hand sending them