AJIT J.GUNJAL
SAJJAN KUMAR JHUNJHUNWALA – Appellant
Versus
EASTERN ROADWAYS PVT. LTD. – Respondent
( 2 ) THE facts leading to the filing of these petitions are summarised as follows : petitioners are accused in several cases filed by the respondent. They are employees of a private limited company which is now under liquidation. Proceedings are initiated at the behest of respondent-2 under section 200, Cr. P. C. read with Section 138 of the Negotiable Instruments Act (in short, the act') thereof against the petitioners who were former Managing Directors and Director of the wound-up company, viz. , Victory Glass and Industries Limited, alleging commission of offences under Section 142 of the Act. Suffice it to say that there was a delay of 3 days in filing the complaint and that was accompanied with an application for condonation of delay as contemplated under Section 142 (b) of the Act. The learned Magistrate having considered the application, has allowed the same, condoned the delay and issued process. The petitioners entered appearance and were admitted to bail. They have also filed an application un
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