Since the issue involved in all these criminal petitions is
one and the same, they are being heard together and are being
decided by way of this common order.
2. Criminal Petition Nos.5018, 5731 and 8309 of 2024
were filed by accused Nos.3, 5, 6, 7 and 8, respectively, under
Section 482 of Code of Criminal Procedure, 1973 (for short
‘Cr.P.C.’) to quash the proceedings against them in Crime
No.305 of 2024 of Jubliee Hills Police Station, Hyderabad,
registered for the offences punishable under Sections 386,
365, 341 and 120(b) read with 34 of the Indian Penal Code,
1860 (for short ‘IPC’).
3. The brief facts of the cases are that respondent No.2 in
all the cases is one and the same. He lodged a complaint
before the Police against the petitioners and other accused
stating that in the year 2011, respondent No.2 founded
M/s. Kria Healthcare Services, providing affordable healthcare
SKS,J
Crl.P.No.5018 of 2024 and batch
solutions in Andhra Pradesh. By the year 2016, the said
Company had grown significantly, operating 165 urban health
centers, telemedicine facilities, and emergency vehicles. These
projects were established before the four part time Directors
namely Gopal, Raj, Naveen and Ravi. Initially, respondent
No.2 hired Mr. Balaji Utla as CEO and later few investors
joined the company. By the end of financial year 2016-17, the
said company had four shareholders, respondent No.2-Venu
with 60%, Balaji with 20%, Gopal with 10% and Raj with 10%.
The company has total six Directors, including two Full Time
Directors, Venu and Balaji, and four part-time directors,
Gopal, Raj, Naveen and Ravi. However, things took a dark
turn in the year 2018. Four Part-Time Directors pressurized
respondent No.2 to sell his 60% shares at a low value. One
Chandrasekhar Vege is the Managing Director and CEO of
Goldfish Abode Private Limited, is the neighbor of respondent
No.2 and engaged in construction business, approached him
in the month of March, 2018 for an investment in his Goldfish
Company. Four Part Time Directors teamed up with the said
Chandrasekhar Vege, who pretended to help respondent No.2
but secretly worked with the said Directors.