ORDER :

G.K. Ilanthiraiyan, J.

1. These criminal original petitions have been filed to quash the proceedings in CC. No. 5095 of 2019 on the file of the XVII Metropolitan Magistrate, Saidapet, Chennai, having been taken cognizance for the offences under Sections 500, 192 r/w 34 of IPC.

2. The learned counsel for the petitioners in Crl. OP. No. 5115 of 2020 submitted that the petitioners are arrayed as A1, A3 to A5 in the complaint lodged by the respondent for the offences punishable under Sections 500, 192 r/w 34 of IPC. The first petitioner is the former Managing Director and Chief Executive Officer of Indian Overseas Bank, the second petitioner is the former Assistant General Manager of Central Bank of India and the third petitioner is the General Manager, attached to the Central Office of IOB and the fourth petitioner is the Assistant General Manager of IOB attached to Zonal Office, Chennai. He further submitted that the appointment and removal of Resolution Professional (hereinafter called as RP) is provided under the Insolvency and Bankruptcy Code. In Corporate Insolvency Resolution Process (hereinafter called as CIRP), the interest of the creditors and the stakeholders is paramou