Margadarsi Financiers And Anothers vs State Of Ap., Rep.Byits Authorised … on 4 August, 2025

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1. These two Criminal Petitions, under Section 482 of Cr.P.C., are filed by

the self same Petitioners/Accused, separately, seeking to quash the order, dated

01.07.2011, passed in Crl.M.P. No.885 of 2010 (hereinafter referred to as ‘the

IA’) in C.C. No.540 of 2008, and also to quash the proceedings in C.C. No.540 of

2008, on the file of the Court of I Additional Chief Metropolitan Magistrate,

Hyderabad (for short, ‘the trial Court’), by virtue of which, the trial Court

dismissed the Petition i.e., Crl.M.P. No.885 of 2010, filed under Sections 218 and

219 of Cr.P.C. seeking to restrict their examination under Section 251 of Cr.P.C.

to any three offences either under Section 45S(1)(i) and/or 45S(ii) punishable

under Section 58E of the Reserve Bank of India Act, 1934 (For short, ‘the RBI

Act’).



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