JUDGMENT

(Prayer: Criminal Original Petition is filed under Section 482 of Code of Criminal Procedure, to call for the records in EO CC No.199 of 2015 pending before the Court of the learned Additional Chief Metropolitan Magistrate (EO.II), Chennai 600 003 and quash the same.)

1. This is a petition to call for records in EO CC No.199 of 2015 pending before the Court of the learned Additional Chief Metropolitan Magistrate (EO.II), Chennai 600 003 and quash the same.

2. The respondent filed the complaint against the petitioners under Section 205 C r/w. Section 629A of the Companies Act, 1956. The complaint allegations, in brief, are as follows:

The first petitioner company is represented by petitioners 2 to 4 as the Directors of the first petitioner company. As per the balance sheet for the financial year 31.03.2013, there is unpaid dividend of Rs.10,00,000/-. Section 205 C of companies Act 1956 requires that this amount shall be credited to the Fund “Investors Education and Protection Fund”.

3. Investors Education and Protection Fund (uploading of information regarding unpaid and unclaimed amounts lying with the companies) Rules 2012 mandates every company shall within 90 days after the