1 pdp IN THE HIGH COURT OF JUDICATURE AT BOMBAY Appellate Side Criminal Writ Petition No. 912 of 2009 With Criminal Application No. 222 of 2009 And Criminal Application No. 444 of 2009 Udairaj @ Ugamraj Kapurchand Jain and anr. .. Petitioners Vs. The State of Maharashtra and ors. .. Respondents Mr. Kapil Dave for petitioners. Mrs.M.M. Deshmukh, APP for State. Mr. J.B. Parmar for applicant in Cri.Appln. No. 444 of 2009. Mr. Deepak Dongre for applicant in Cri.Appln. No.222 of 2009. CORAM: B.H.MARLAPALLE & R.Y. GANOO,JJ. December 16, 2009. P.C. 1. Mrs. Deshmukh, the learned APP, has placed before us the investigation report dated 16/12/2009 submitted by the Senior Police Inspector, DCB CID, Chembur, Unit – 6, Mumbai. We expect the I.O. to continue with the ongoing investigation and complete the same as expeditiously as possible and submit the charge-sheet preferably by 31st January, 2010. 2 2. So far as the cash transactions, as noted in our order dated 5/11/2009, are concerned, we have been informed by the Income Tax Inspectors Shri Rane and Shri Khade that a notice/ summons under Section 131 of the Income Tax Act has been issued to Shri Prashant Kirtilal Shah and Shri Bharat Kirtilal Shah by Shri Bharat B. Garg, Deputy Director of Income Tax (Inv.), Unit – VIII (1), Mumbai. We direct that the said proceedings shall be taken to their logical conclusions by the Income Tax Authorities. 3. We are also informed that civil proceedings are pending between the parties for recovery of the loan amount as well as the complaint under Section 138 of the Negotiable Instruments Act. Undoubtedly, those proceedings will proceed on their own merits. 4. Save and except the above directions, the petition stands disposed off. 5. A copy of this order shall be forwarded by the Registrar (Judicial) to Shri Bharat B. Garg, Deputy Director of Income Tax (Inv.), Unit – VIII(1), Mumbai, Room No. 433, IVth Floor, Scindia 3 House, Ballard Estate, Mumbai – 38 and to PI Shri Sudhir Mahadik, the I.O. from the Economic Offence Wing, Mumbai. 6. As the Criminal Writ Petition No. 912 of 2009 has been disposed off, Criminal Application Nos. 222 of 2009 and 444 of 2009 do not survive and disposed as such. (R.Y.GANOO,J.) (B.H.MARLAPALLE,J.)