ORDER :

This order will dispose of both Criminal Petition Nos.2341 of 2018 and 6561 of 2019.

2. Heard Mr. V. Hariharan, learned senior counsel for the petitioner in Crl.P.No.2341 of 2018 and for respondent No.2 in Crl.P.No.6561 of 2019. Also heard Mr. P. Shiv Kumar, learned counsel for respondent No.2 in Crl.P.No.2341 of 2018 and for the petitioner in Crl.P.No.6561 of 2019.

3. At the outset, facts of Crl.P.No.2341 of 2018 may be adverted to.

4. This is a petition filed under Section 482 of the Code of Criminal Procedure, 1973 (Cr.P.C) for quashing of charge sheet No.233 of 2017 dated 03.10.2017 in C.C.No.764 of 2017 pending before the Court of XVII Additional Chief Metropolitan Magistrate, Hyderabad.

5. Petitioner – C.M. Ramesh was the Chairman and Managing Director of M/s. Rithwik Projects Limited (respondent No.2 in Crl.P.No.6561 of 2019). However, petitioner resigned from M/s. Rithwik Projects Limited (referred to hereinafter as ‘the company’) in the year 2012. Since his resignation he is totally aloof and has nothing to do with the affairs of the company. In fact, Registrar of Companies had issued Form No.32 stating that petitioner had retired from the company with effect from 29.02