The petitioners are before this Court calling in question

registration of crime in Crime No.172 of 2019 on 16-07-2019 for

offences punishable under Sections 66C and 72A of the Information

Technology Act, 2000 and Sections 406, 420 and 34 of the IPC and

pending before the 1^st Additional Chief Metropolitan Magistrate,

Bangalore City.

2. Heard Sri P.Prasanna Kumar, learned counsel appearing for

the petitioners, Sri K.S.Abhijith, learned High Court Government

Pleader for respondent No.1 and Sri M.N.Kumar, learned Central

Government Standing Counsel appearing for respondent No.2.

3. Brief facts leading to the filing of the present petition, as

borne out from the records, are as follows:-

1^st petitioner - M/s ib Track Solutions Private Limited

(8Company9 for short), a Company registered under the Companies

Act, 1956 is associated with procuring and supplying of e-seals with

Radio Frequency Identification (8RFID9) technology for exporters

from India. The 2^nd petitioner is the Director of the 1^st

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petitioner/Company. The 1^st petitioner/Company claims to have

procured unique technology which was the first of its kind for the

purpose of exporting cargo with tamperproof seals. The said seal