IN THE HIGH COURT OF JUDICATURE OF ANDHRA PRADESH: HYDERABAD (Special Original Jurisdiction) WEDNESDAY, THE ELEVENTH DAY OF NOVEMBER TWO THOUSAND AND NINE PRESENT: THE HON’BLE SRI JUSTICE P. SWAROOP REDDY CRIMINAL PETITION No.6673 OF 2009 BETWEEN: M/s. Vaishnavi Securities Limited, Rep. by its Proprietor-cum-Manager Belide Naveen S/o. B.Kameswar Rao. …. Petitioner AND 1. The State, rep. by the Public Prosecutor, High Court of A.P., Hyderabad. 2. Tatipally Satyanarayana S/o. Rajamouli …. Respondents THE HON’BLE SRI JUSTICE P. SWAROOP REDDY CRIMINAL PETITION No.6673 OF 2009 ORDER: This Criminal Petition under Section 482 Cr.P.C. is filed by the petitioner firm M/s. Vaishnavi Securities Limited, represented by its Proprietor-cum-Manager Belide Naveen, accused, seeking to quash the proceedings against it in C.C. No.122 of 2009 on the file of the learned V Additional Judicial Magistrate of First Class, Warangal, filed by Tatipally Satyanarayana, respondent No.2 herein, for the offences under Sections 420, 423, 425 IPC. 2. Heard. 3. The allegation against the petitioner is of misleading the de fa c to complainant by making him to invest huge amount of Rs.40,00,000/- in securities and of cheating him by not showing the accounts as to what has happened to the investments. The complaint was closed by the police referring it to a civil dispute and as well as lack of evidence. 4. This is a case where the case would depend mostly on documentary evidence. As such, it is difficult to give any finding at the initial stage, as it is a case of lack of evidence. 5. In the above circumstances, the proceedings pending before the learned Magistrate shall be allowed to go on. 6. Accordingly, the Criminal Petition is dismissed at the stage of admission itself. _____________________ P. SWAROOP REDDY, J November 11, 2009. KTL