ORAL ORDER

The petitioner-accused in Crime No.77/2023 is at the doors of this Court calling in question registration of crime and conduct of further investigation based upon the said crime. The crime is registered for offences punishable under Sections 34 , 120B, 379, 403, 406 and 420 of the Indian Penal Code.

2. Heard Sri.Abhinay Y.T., learned counsel appearing for the petitioner, Sri.Seshu V., learned HCGP appearing for respondent No.1, Sri.Amar Correa, learned counsel appearing for respondent No.2.

3. Facts adumbrated are as follows:

4. The 2^nd respondent is the complainant. A contract is entered into between the 2^nd respondent and the petitioner for construction of a structure and other civil works ancillary to said construction. The period of completion after the contract was entered into on 9.7.2018 was 12 months which would come to an end on 31.8.2019. During the subsistence of the said contract, it transpires that the 2^nd respondent communicates plethora of letters seeking permission to dispose the scrap steel which is said to have been later granted by the petitioner. The period of contract then comes to be extended till 31.12.2019. Again, the complainant is said to have re