Rajbir Sehrawat, J.

This petition under Section 482 of the Code of Criminal Procedure has been filed for quashing of FIR No.1146 dated 10.11.2012 registered under Sections 323, 420, 452, 467, 468, 471, 506 of the Indian Penal Code (for short 'the IPC'), at Police Station Civil Lines, Karnal, District Kanal; along with all subsequent proceedings arising therefrom.

2. Shorn of unnecessary details, the facts giving rise to the present petition are that complainant-Om Singh filed an application under Section 156 (3) Cr.P.C. before the concerned Magistrate for directing the police to register and investigate his complaint. Accordingly, the above said FIR has been registered.

3. As per the allegations in the FIR, the complainant and his brother-Shyam Singh, the petitioner No.1, were having joint business, being members of the joint family. The properties happened to be joint. They also decided to run the business of manufacturing and selling the agricultural implements and for that purpose, one partnership firm with the name of M/s Shri Om Agricultural Implements, Hansi Road, Karnal was created by them. In this firm, the complainant and Shyam Singh, both were the partners. To start the business, they had applied for TIN number for the firm and accordingly, the same was received on 15.11.2010. TIN No.96522236004 was allotted to the firm of the complainant. Both the partners held 50% share each in this firm. The firm started its business on a piece of land measuring 260 Sq. yards. This land was in the joint name of the complainant and the son of petitioner No.1 Shyam Singh, namely, Kanwal Singh, the petitioner No.2. The firm started doing its business in the year 2011. As per the allegation, the business had taken-off very well. However, as per the allegations, the complainant fell ill and was not in a position to manage and supervise the affairs of the said firm. Taking advantage of the absence of the complainant, the present petitioners started misusing the accounts of the firm, sold the raw material and manufactured goods, without knowledge or consent of the complainant. Thereby, the petitioners caused wrongful loss to the complainant. In the process, the petitioners had sold produced goods and the raw materials to the tune of Rs.30-32 lakhs. However, instead of depositing the above said amount in the account of the firm, both the accused misappropriated of the said funds for their personal gains. When the complainant recovered from the illness and he tried to know about the affairs of the firm then he came to know that the petitioners had got the RC/TIN of the above said firm surrendered without any information or consent of the complainant. This effectively closed down the business of the above said firm, though it was not dissolved. The petitioners had done this, despite the fact that the complainant had never authorized them to do so. However, the petitioners did not stop at this stage. Petitioner No.2 created another firm in the name and style of M/s Vikas Agro Industries and started doing business of manufacturing and selling of the same implements on the same factory premises. In their attempt to take over the machinery, material and the produce goods of the existing factory of the firm of the complainant, the petitioners prepared fake and false documents; including the bills showing the sale of the machinery, goods and raw materials of the firm of the complainant in the name of the new firm i.e. M/s Vikas Agro Industries. When the complainant came to know about all these happenings, he requested the petitioners to settle the account. However, the petitioners made excuse after excuse. When the complainant insisted, the petitioners started threatening him. There is also an allegation that when the complainant had asked the petitioners to settle the account, then the petitioners gave fist blows to the complainant. Consequently, the complainant had approached the police. However, the police had not taken any action. Resu