JUDGMENT

S.K. Panigrahi, J. - This Petition under Section 482 of the Code of Criminal Procedure, 1973 (hereinafter referred to 'the Cr.P.C.' for brevity) has been filed with a prayer to quash the proceedings pending before the Learned Special C.J.M. (CBI), Bhubaneswar which arises out of SPE case No.42/14 under Sections 120(B), 406, 409, 411, 420, 468 and 471 of the Indian Penal Code, 1860 (hereinafter referred to as 'the I.P.C.' for brevity) read with Sections 4, 5 and 6 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 (hereinafter referred to as 'the PCMCSB Act' for brevity) and all proceedings emanating therefrom.

2. The facts leading to the present petition, shorn of unnecessary details, are briefly summarised as under:

(i) One Artha Tatwa Multi-Purpose Co-operative Society Ltd. (hereinafter referred to as 'ATMPCSL' for brevity) was registered by the Asst. Registrar, Co-operative Societies, Bhubaneswar on 31.11.2011 under the name and style of 'AT Group of Companies' and the said ATMPCSL was purportedly engaged in the multiple businesses which included enrolling members with the promise to provide exorbitant and lucrative rates of interest on their deposits.

(