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           In The High Court Of Judicature At Bombay

                   Criminal Appellate Jurisdiction




                                                                              
               Criminal Writ Petition No. 2523 Of 2010




                                                      
                           Along With
                Criminal Application No. 3478 Of 2010

      Criminal Writ Petition No.2523 Of 2010




                                                     
      Mr. Rajesh Bhalchandra Chalke                                 )
      Age : 37 years, Occupation : Business                         )
      Indaga House, 82, Dr. Annie Basent Road                       )
      Worli, Mumbai 400 018.                                        ).. Petitioner




                                        
                  Versus   
      1)    State of Maharashtra                                    )
                          
      2)    M/s Emco Dynatorq Pvt. Ltd.                             )
            (Formerly known as Emco Lenze Pvt. Ltd.)                )
            having its office located at 1st Floor                  )
            Sita Mauli, Above Bank of Maharashtra                   )
        


            Madanlal Dhingra Road, Panch Pakhadi                    )
            Thane (W), 400 602.                                     ).. Respondents
     



      Mr. S.V. Marwadi i/b Mr. S.P. Narkar for the Petitioner.





      Mr. M.R. Tidke, Additional Public Prosecutor, for the State.



      Along With





      Criminal Application No. 3478 Of 2010

      1)    Nikhil Vasantlal Merchant, age 48 years                 )

            a) 347-A, Pancharatna, Opera House, M.P. Marg )
               Mumbai 400 004.                            )

            b) H-2, Breach Candy Apts., Bhulabhai Desai             )
               Road, Mumbai 400 026.                                )




                                                      
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      2)    Manepanda Joyappa Subbaiah                    )
            a) 347-A, Pancharatna, Opera House, M.P. Marg )
               Mumbai 400 004.                            )




                                                                             
            b) 201, Skyline Apts., Langford Road,                  )




                                                     
               Shanthinagar, Bangalore, Karnataka 560025           )

      3)    Ashok Kumar Ram Gopal Doda                             )




                                                    
            a) 347-A, Pancharatna, Opera House, M.P. Marg )
               Mumbai 400 004.                            )

            b) A-203/204, Mt. Everest, Bhakti Park                 )
               Wadala (East), Mumbai 400031                        ).. Applicants




                                        
                  Versus   
      1)    The State of Maharashtra                               )
                          
      2)    Global Trade Finance Ltd.                              )
            through its Registered Office situated at              )
            Metropolitan Building, 6th Floor, Bandra-Kurla         )
            Complex, Bandra (East), Mumbai 400 051                 ).. Respondents
        
     



      Mr. Ashish Chavan for the Applicant.
      Mr. Jatin Shah for the Respondent in other matter.
      Mr. Yashpal Thakur i/b M/s Paras Kuhad and Associates





      for Respondent No.2.
      Mr. M.R. Tidke, Additional Public Prosecutor, for the State.


                               Coram : Mohit S. Shah, C.J.,





                                      V.M. Kanade And
                                      Smt. R.P.Sondurbaldota, Jj.


              Judgment