JUDGMENT :

1. Heard Shri Anil Kumar Bajpai, learned counsel for the petitioners, learned A.G.A. for the State and Shri Gaurav Pundir, learned counsel for respondent no. 4.

2. The batch of writ petitions arise from the same cause and incident, accordingly, are being heard and decided together on the consent of the parties.

3. The facts of Writ Petition No. 10571 of 2021 is being referred to for the sake of convenience.

4. The writ petitioners before the Court are bank officials of the rank of Assistant General Manager, Field General Manager, Chief Manager and Branch Manager.

5. By the instant petition, petitioners seek quashing of the impugned First Information Report dated 16.10.2021, registered as Case Crime No. 0412/2021, under Sections 420 and 406 I.P.C. Police Station Fatehpur, District Saharanpur.

6. Union Bank of India is a body corporate duly constituted under the Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970 (Act No. V of 1970) having its Head Office at Mumbai [Bank]. The petitioner was posted as Branch Manager at Saharanpur Main Branch, Saharanpur.

7. M/s Shyamvi Steels Private Limited, incorporated under the Companies Act, 1956, having its Head Office, at