THE HONOURABLE SRI JUSTICE E.V.VENUGOPAL CRIMINAL PETITION No.4800 of 2021

ORDER:

This Criminal Petition is filed seeking to quash the proceedings in C.C.No.3777 of 2021, against petitioner, who has been arrayed as accused No.4 on the file of the learned XII Additional Chief Metropolitan Magistrate at Nampally (Hyderabad) arising out of FIR No.141 of 2020 on the file of PS Central Crime Station, Hyderabad for the offence punishable under Sections 403, 409, 420 read with Section 34 of IPC.

2. The brief facts of the case are that the de facto complainant lodged a report on 01.10.2020 at 11:30 hours, stating that he is the Vice President of Projects & Services of Weiss Technik India Private Limited. He has been authorized by the company for filing the present complaint before the Central Crime Station of Hyderabad. Sometime around, February, 2020, the company was informed about the financial misappropriation and fraud being played on it by some its own employees. Money belonging to the company was being siphoned off in order to make wrongful gains. Pursuant to that revelation, the company initiated an internal investigation into these fraudulent transactions. On investigation, it was re