THE HON’BLE SMT. JUSTICE JUVVADI SRIDEVI CRIMINAL PETITION No.5692 of 2022

O R D E R :

This Criminal Petition is filed under Section 482 of Cr.P.C. by the petitioner-accused No.4 seeking to quash the proceedings against her in C.C.No.1973 of 2022 on the file of the learned XII Additional Chief Metropolitan Magistrate at Nampally, registered for the offences under Sections 406 and 420 read with Section 34 of the Indian Penal Code, 1860 (for short ‘IPC’).

2. Heard Mr. T.V.Ramana Rao, learned counsel for the petitioner, Mr. C.Ruthwik Reddy, learned counsel for respondent No.2 and Mrs. S.Madhavi, learned Assistant Public Prosecutor appearing for the respondent No.1-State. Perused the record.

3. Brief facts of the case are that all the accused, including the petitioner-accused No.4, are representatives of M/s. Adwaitha Global Business Private Limited, formerly known as Nisarga Corporation (hereinafter referred as ‘Company’). The accused have induced the de facto complainant and several others to invest substantial amounts in their Company by promising huge profits, including 5% interest and incentives, thereby collecting approximately Rs.7.00 crores. The de facto complainant has invested R