IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE N.K.BALAKRISHNAN MONDAY, THE 10TH OCTOBER 2011 / 18TH ASWINA 1933 Crl.MC.No. 2415 of 2011 -------------------------------- CC.54/2006 of CHIEF JUDL.MAGISTRATE, ERNAKULAM .................... PETITIONERS: 1. BABY VARGHESE, S/O.M.U.VARKEY, AGED 58 YEARS, MANKIDIYIL HOUSE, PIPELINE ROAD, PADIVATTAM, ERNAKULAM, NOW RESIDING AT G-2, GOOD EARTH HARMONY, AYSHA ROAD, PONNURUNNI, VYTTILA. 2. MRS.SUSY BOBY, W/O.BOBY VARGHESE, AGED 57 YEARS,MANKIDIYIL HOUSE,PIPELINE ROAD, PADIVATTAM, ERNAKULAM, NOW RESIDING AT G-2, GOOD EARTH HARMONY, AYSHA ROAD, PONNURUNNI, VYTTILA. 3. M.V.THAMPI,S/O.VARKEY,AGED 48 YEARS, MANKIDIYIL HOUSE,KAKKAD KARA, PIRAVOM VILLAGE, MUVATTUPUZHA TALUK. 4. M.C.JACOB,S/O.CHACKO, AGED 58 YEARS, MANKIDIYIL HOUSE,5/122A, MARATTEAKURISU, MULANTHURUTHI, ERNAKULAM DISTRICT. BY ADV. SRI.K.J.KURIACHAN RESPONDENTS: 1. STATE OF KERALA, REPRESENTED BY PUBLIC PROSECUTOR, HIGH COURT OF KERALA, ERNAKULAM. 2. THE OFFICIAL LIQUIDATOR, HIGH COURT OF KERALA, COMPANY LAW BHAVAN,III FLOOR, BMC., THRIKKAKARA P.O, KOCHI - 21. R1 BY PUBLIC PROSECUTOR SRI.T.R.RANJITH R2 BY ADV. SRI.K.MONI THIS CRIMINAL MISC. CASE HAVING BEEN FINALLY HEARD ON 10/10/2011 ALONG WITH CRMC NO. 2417 OF 2011 CRMC NO. 2418 OF 2011 CRMC NO.2419 OF 2011, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: APPENDIX IN CRMC 2415/2011 ANNEXURE-I CERTIFIED COPY OF FIR AND CHARGE IN CC 54/2006 ON THE FILE OF CJM COURT, ERNAKULAM ANNEXURE-II CERTIFIED COPY OF COMMON ORDER DT. 20.4.2010 PASSED BY THE HONOURABLE SUPREME COURT OF INDIA IN CRA 1086/2003 AND CONNECTED APPEALS /TRUE COPY/ N.K.Balakrishnan, J. ------------------------------------------- Crl.M.C.Nos.2415, 2417, 2418 & 2419 of 2011 ------------------------------------------- Dated this the 10th day of October, 2011 ORDER Heard learned counsel for the accused and learned counsel for the Official Liquidator. 2. The Honourable Supreme Court remitted the matter to this Court for reconsideration in the light of the settlement arrived at between the parties. Learned counsel for the Official Liquidator submits that except to Kerala Financial Corporation, money due to all other creditors were disbursed. This submission is recorded. 3. In the light of the submission so made and the settlement arrived at between the creditors and the accused, who were the Managing Director and Directors of the Company, further proceedings in the above cases will stand quashed. These petitions are disposed of as above. (N.K.Balakrishnan, Judge) tkv