(1.) Leave Granted.
(2.) The instant appeal questions the correctness of judgment in order dtd. 8/1/2021, passed in Application u/s 482 No. 18712 of 2020 by the High Court of Judicature at Allahabad, whereby the appellant request to quash the chargesheet and proceedings arising out of Case Crime No. 1074 of 2019 u/s 354, 506 of the Indian Penal Code, 1860[1] was turned down.
(3.) The appellant and respondent no. 2[2] are Directors in a joint concern by the name of 'M/s LAJ-IDS Exports Pvt. Ltd.' with the shareholding divided 3:1. Record reveals certain allegations and counter allegations in regard to mishandling of the company's finances, however, the same are not within the scope of the present adjudication.