ORDER

-2- The applicants have filed this Revision under Section 397 r/w 401 of the Code of Criminal Procedure, 1973 seeking quashment oforder dated 19.10.2023 whereby charges under Section 420/406 of theIPC & Section 6(1) of M.P. Nikshepkon Ke Hiton Ka Sanrakshan Adhiniyam have been framed against the applicants.

02. Facts of the case are that one Sourabh Gupta S/o SatishSarmandal resident of House No.110, Scheme No.136, Anand Vihar,Indore submitted a written compliant on 05.03.2022 to Additional Superintendent of Police, Crime Branch, Indore alleging that the present applicants are illegally running an advisory company without SEBI License and Gumasta License since last 5 – 6 month. He has also made a complaint against three other advisory companies. The said complaint was marked to Police Station - Khajrana, Indore and the Station HouseOfficer registered an F.I.R. against the present applicants and five othersunder Sections 420, 406 & 120-B of the IPC on 05.03.2020.

03. The police recorded the memorandum statement of the presentapplicants under Section 27 of the Indian Evidence Act on 07.03.2020, according to which they were working as partner in Swastic Investment