CRL.M.A. 18459/2024 in CRL.M.C. 4859/2024 CRL.M.A. 18468/2024 in CRL.M.C. 4861/2024 CRL.M.A. 18471/2024 in CRL.M.C. 4862/2024 Allowed, subject to all just exceptions.

The application stands disposed of.

CRL.M.C. 4859/2024, CRL.M.A. 18458/2024 CRL.M.C. 4861/2024, CRL.M.A. 18467/2024 CRL.M.C. 4862/2024, CRL.M.A. 18470/2024

1. The aforesaid petitions have been preferred by the respective petitioners under Section 482 Cr.P.C. read with Article 227 of the Constitution of India seeking quashing of criminal complaints bearing No.7054/2023; 10565/2023 and 5560/2023 each titled as “STCI Finance Ltd. v. Sadbhav Engineering Ltd. & Ors.”, arising out of proceedings under Section 138 of the Negotiable Instruments Act, 1881, which are pending before the learned MM.

2. The petitioners lay challenge to the impugned order 07.02.2024 in the criminal complaints bearing No.7054/2023 and 10565/2023 as also the impugned order dated 28.02.2024 in criminal complaint No.5560/2023, whereby on taking cognizance of the offence, summons have been issued.

3. Learned counsel for the petitioners has urged that the petitioners are independent directors who have been appointed in terms of Section 149(4) of Compani