R.C.MISHRA
Arjundev Nagpal – Appellant
Versus
M. P. State Industrial Development Corpn. Ltd. – Respondent
R.C. Mishra, J.
This common order shall govern disposal of all the 12 petitions preferred u/s 482 of the Code of Criminal Procedure (hereinafter referred to as the 'Code'), for quashing of the proceedings pending before ACJM-cum-Special Magistrate (for MPSIDC cases), Bhopal, details of which may be summarized as under:
In each one of these cases, cognizance of the offence punishable under Sections 138 read with 141 of the Negotiable Instruments Act, 1881 (hereinafter referred to as 'the Act') was taken against a company namely M/s. Geekay Exim (India) Limited, Kolkata [formerly named as M/s. Majda East Land Leasing Co. Ltd.), a company registered under the Companies Act, 1956 through its Chairman, the petitioner here, Vice-Chairman, Managing Director, as well as six Directors and Executive Director-cum-Company Secretary, upon a complaint made on behalf of the respondent viz. Madhya Pradesh State Industrial Development Corporation (for brevity “MPSIDC”), a Government Company registered under the Companies Act.
2. Common averments made in the complaints may be summarized as under:
The petitioner, being the Chairman, was the in-charge of and responsible for the conduct of the busin
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