HON’BLE SRI JUSTICE RAJA ELANGO CRIMINAL PETITION No.8771 of 2011 ORDER: This Criminal Petition is filed by the petitioner, under Section 482 Cr.P.C., seeking to quash the proceedings initiated against him in Crime No.252 of 2011 of W.C.O., Team-II, C.C.S. Police Station, Hyderabad, registered for the offences punishable under Sections 420 of IPC and 4, 5 and 6 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978. It is mainly contended by the learned counsel for the petitioner that the petitioner has nothing to do with the transactions of M/s. Nano Excel Enterprises Private Limited and he is not either subscriber or director of the said company and accused No.1 happens to be the brother-in-law, the petitioner was falsely implicated in the case. On perusal of the record, it is clear that the petitioner is one of the Directors of M/s. Nano Power Corporation Ltd., M/s. Nanotel Hotels & Resorts Pvt.Ltd. and M/s. Nikhil Nanoceuticals Pvt. Ltd., which are the sister-concerns of M/s. Nano Excel Enterprises Private Limited. Hence, this Court is not inclined to quash the proceedings. However, if the petitioner apprehends arrest in the hands of police, he is at liberty to move an application before the Sessions Judge concerned seeking anticipatory bail and, on filing of such application, the learned Sessions Judge is directed to consider the same favourably. The Criminal Petition is, accordingly, disposed of and the miscellaneous petitions, if any, filed shall stand closed. _____________ RAJA ELANGO, J 21st September, 2011 cbs HON’BLE SRI JUSTICE RAJA ELANGO Crl.P.No.8771 of 2011 (Disposed of) 21st September, 2011 cbs