ORDER :

This writ petition is filed to issue a Writ of Certiorari, order or direction, calling for the records in C.C. No. 3449 of 2018 pending on the file of Additional Chief Metropolitan Magistrate, Egmore, Chennai and to quash the charge sheet in RC No.4 of 2016 including the order dated 8-5-2018 passed by the ACMM, Egmore, Chennai in CC No. 3449 of 2018.

2. Heard Sri S. Nagamuthu, learned Senior Counsel representing Ms. Anaveni Mogili, counsel on record for the petitioner and the Sri Surya Karan Reddy, learned Additional Solicitor General of India for respondent No. 1, CBI and the learned counsel for Central Bank of India representing the respondent No.2.

3. The facts of the case leading to filing of the present case are:

In the year 2010, M/s. Best & Crompton Engineering Projects Ltd. (BCEPL) (A2) had availed credit facilities from a consortium of Banks led by the Central Bank of India. The Central Bank of India sanctioned Rs.120.00 Crores for fund based and non-fund based working capital limit to BCEPL on 21.10.2010 secured by immovable property as well as corporate guarantee. The Andhra Bank had sanctioned credit limit to a tune of Rs.60 Crores and the Corporation Bank sanctione