THE HON’BLE SRI JUSTICE P.SWAROOP REDDY CRIMINAL PETITION No.2039 OF 2009 Dated : 29.12.2009 Between : Indian Metals & Ferro Alloys Ltd. & others ….. Petitioners/A.1 to A.4 a n d The State of A.P. & another ….. Respondents THE HON’BLE SRI JUSTICE P.SWAROOP REDDY CRIMINAL PETITION No.2039 OF 2009 ORDER : This criminal petition is filed under Section 482 Cr.P.C. by the petitioners/A.1 to A.4 seeking to quash proceedings against them in Crime No.43 of 2009 of C.K.Dinne Police Station, Kadapa, registered for the offence punishable under Sections 420, 464, 465 and 409 of I.P.C. 2) Heard both sides. 3) Learned counsel for the petitioners contends that the transaction is purely civil in nature. On a careful perusal of the material on record, it cannot be said that no criminal element is involved. Considering the nature of offence and in view of the allegations of falsification of accounts leveled against the petitioners, it is not a fit case for quashing proceedings against them at this stage. 4) However, considering the circumstances of the case, it is directed that the petitioners shall not be arrested till filing of charge sheet if any. The investigation and consequential steps on the basis of investigation can go on. Further, petitioner Nos.2 to 4 shall appear before the investigating officer on 10.01.2010 and 24.01.2010 between 10 a.m. to 5.00 p.m. for the purpose of further investigation. 5) Accordingly, the criminal petition is disposed of. ______________________ P.SWAROOP REDDY, J 29th December, 2009 Note : Issue C.C. tomorrow. B/o. SUR