JUDGMENT

1. This Criminal Petition is filed under Sec. 482 of the Code of Criminal Procedure by the petitioner - accused No.2 to quash the proceedings in C.C.No.276 of 2015 on the file of learned III Additional Chief Metropolitan Magistrate at Hyderabad, the cognizance of which was taken on file for the offences punishable under Ss. 406 and 420 of the Indian Penal Code.

2. The brief facts, as per the record available before the Court are as under:

a) On 21/6/2012 at 5.30 PM the Divisional Cooperative Officer, Golconda has lodged a complaint before the Banjara Hills Police Station against Sri K. Prabhakar Reddy, Ex President the petitioner herein and Sri K. Sathyanarayana, Ex-Managing Committee Member of Sri Venkateshwara Cooperative House Building Society Limited, and also against the vendees and the Joint Sub - Registrar, Hyderabad (South) alleging that they have fraudulently registered certain sale deeds to the individuals on 31/12/2012 whether any powers to do so as the official person in charge has been appointed on 29/12/2011 by the Commissioner for Cooperation and Registrar of Cooperative Societies, Andhra Pradesh vide Proceedings in Rc.No.24877/2007 dtd. 29/12/2011 and that h