JUDGMENT

P.N. Prakash, J.

1. These criminal appeals are directed against the judgment and order of conviction and sentence dated 26.10.2010 passed by the Additional Chief Metropolitan Magistrate Court, (Economic Offences-1), Egmore, Chennai - 600 008 in E.O.C.C. No. 82 of 1994.

2. Since both the criminals appeals emanate from the same judgment and order and FIR, they are considered and decided by this common judgment.

3. The facts, in brief, giving rise to the instant appeals are as under:

3.1. Macneill and Magor Ltd., Madras ("Macneill" for brevity) is a company incorporated under the Companies Act, 1956 and were into the manufacture of electrical circuits, starters, conductors, control panels, vacuum circuit breakers, etc. They had factories in several places in the country. For the present, we are concerned with their factory at Door No. 374, Kunoor High Road, Ayanavaram, Chennai ("the Ayanavaram Factory" for brevity) where they were manufacturing the aforesaid items. They were registered with the Central Excise Department.

3.2. One S. Srinivasan (A3) was the Vice-President of Mac