-1- IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL CRIMINAL CRIMINAL APPELLATE JURISDICTION APPELLATE JURISDICTION APPELLATE JURISDICTION CRIMINAL CRIMINAL CRIMINAL APPLICATION NO.4310 OF 2006 APPLICATION NO.4310 OF 2006 APPLICATION NO.4310 OF 2006 M/s.Pankanj Extrusions Ltd. ...Applicant vs. The State of Maharashtra and others ...Respondents Mr.M.V.Ganagl for the Applicant Mr.S.R.Shinde, A.P.P. for State CORAM: CORAM: CORAM: A.S.OKA,J. A.S.OKA,J. A.S.OKA,J. DATE DATE DATE : DECEMBER 11,2006. : DECEMBER 11,2006. : DECEMBER 11,2006. P.C.: P.C.: P.C.: 1. Heard Shri Gangal for the Applicant. So far as the Respondent No.4(accused No.3) is concerned, there is absolutely no material on record to show that he was the director of the second Respondent at the relevant time. A finding to that effect has been recorded by the learned Trial Judge on the basis of the record maintained by the Registrar of the Companies. In view of the said finding, no case is made out for grant of leave as against the Respondent No.4 and the application is rejected as against the Respondent No.4. 2. A case is made out for grant of leave as against the Respondent Nos.2 and 3. Leave is granted. Appeal is admitted. Call for Record and Proceedings. JUDGE JUDGE JUDGE