JUDGMENT

(Prayer: This Criminal Original Petition has been filed under Section 482 of Cr.P.C., praying to call for the records and quash the entire proceedings pursuant to FIR in Crime No.238 of 2019 on the file of the 1s respondent dated 27.08.2019 on the file of the respondent.)

Common Order:

1. These Criminal Original Petitions have been filed to quash the proceedings in FIR in Cr.No.238 of 2019 pending on the file of the first respondent police and FIR in Cr.No.239/2019, which has also been given on the very same set of facts with an addition that the accused had entered into agreement with various companies and has caused wrongful loss.

2. The petitioners are the accused 1 and 2 in both cases and they are husband and wife. The first accused is the Managing Director and the second accused is the Chief Operative Officer for their company by name '' C.R. Finance & Securities (P) Limited''. The defacto complainant is the Managing Director of ''IFCI Financial Services Limited (IFIN)’.

3. As per the complaint given by the second respondent''s company, it is carrying on business in shares and stocks; the defacto complainant''s company M/s.IFIN is a subsidiary of IFCI, a deemed government