CAV ORDER

The petitioners, three in number, are knocking at the doors of this Court calling in question registration of a crime in Crime No.34 of 2023 for offences punishable under Sections 409 , 420 and 34 of the IPC, pending before the III Additional Chief Metropolitan Magistrate, Bengaluru.

2. Facts adumbrated, are as follows:

The three petitioners are office bearers of one Zonta Infratech Private Limited (‘the Zonta Company’ for short). The 1^st petitioner/accused No.1 is its Managing Director and petitioners 2 and 3 are employees of the Company. The Zonta Company is not an accused. It is in the business of waste management, water and waste-water management in India and beyond the shores of the Nation and has contracts with several municipal corporations in the country.

3. The 2^nd respondent is the complainant and he is the Managing Director of a German Company “Bauer GmBH” (‘the Germany Company’ for short). The Zonta Company and the German Company establish a Joint Venture Company for setting up manufacturing facility at Peenya Industrial Area for production of underground waste containers by entering into a shareholding agreement. On 21-02-2017, Zonta Company and the Ger