IN THE HIGH COURT OF JUDICATURE, ANDHRA PRADESH AT HYDERABAD FRIDAY, THE FOURTH DAY OF DECEMBER TWO THOUSAND AND NINE PRESENT: HONOURABLE SRI JUSTICE P. SWAROOP REDDY CRIMINAL PETITION No.10075 OF 2009 Between: 1. Maganti Seshaiah Chowdary 2. Smt. Maganti Sreenu Kumari 3. Nutakki Anuradha ……Petitioners – accused Nos.1, 3 & 4 AND The State of A.P., Rep. by the Public Prosecutor, High Court of A.P., Hyderabad & another .....Respondents HONOURABLE SRI JUSTICE P. SWAROOP REDDY CRIMINAL PETITION No.10075 OF 2009 ORDER: This Criminal Petition under Section 482 Cr.P.C. is filed by the petitioners Maganti Seshaiah Chowdary, Smt. Maganti Sreenu Kumari and Nutakki Anuradha, accusedNos.1, 3 and 4 respectively, seeking to quash the proceedings against them in Crime No.150 of 2009 of Kalla Police Station, West Godavari District, registered for the offences under Sections 420 & 406 read with 34 IPC. 2. Heard. 3. The allegation against the petitioners is of taking a loan from the de facto complainant – Canara Bank, respondent No.2 herein, to a tune of more than Rs.8.00 crores by pledging the stock i.e. Prawns and then selling it away without any information to the bank and thereby cheating the bank. 4. The contention of Sri C. Padmanabha Reddy, learned senior counsel appearing for the petitioners, is that stock was sent for sale to the countries like Australia and China, from where it was returned as the same was not of standard quality and ultimately it became unfit for human consumption and that no act of cheating is committed by the petitioners. 5. Prima facie, the record reveals that the petitioners have sold the stock hypothecated to the bank without any information to it and their act of sending the stock to the Australia and the China, from where it was, ultimately, retuned as not of standard quality also shows their criminal intention. 6. In the circumstances and the way in which the offence was committed, it is not at all a fit case for granting any relief, as such, the petition is liable to be dismissed. 7. Therefore, the Criminal Petition is dismissed at the admission stage itself. ____________________ P. SWAROOP REDDY, J December 4, 2009. PV