C KISHANLAL Vs. DINESHCHAND SURANA MANAGING DIRECTOR

JUDGEMENT

(1.) THIS petition has been filed by the petitioner to call for the records in c. C. No. 8649 of 2007 on the file of the VII Metropolitan Magistrate, George Town, chennai-600 001 and quash the same.

(2.) THE respondent/complainant has filed C. C. No. 8649 of 2007 against the petitioner/accused for an alleged offence under Section 500 IPC. The ingredients of the complaint is as follows:-The complainant is a public limited company, and it was originally incorporated as "surana Metals and Steels India Ltd. It was conducting business of manufacturing and trading of all varieties of steel, for construction and infrastructure activities. The name of the complainant company was changed as "surana Industries Ltd" on 05. 02. 2002. The company in order to expand its business intended to set up an Integrated Steel Complex at Raichur, State of karnataka. The Government of Karnataka had approved its proposal and allotted the required land to start industry.

(3.) THE complainant further alleged that the accused while so had lodged a false complaint, with the Commissioner of Police, Chennai, against Dineshchand Surana, the Managing Director of the complainant, linking him with another company M/s. Surana Corporation Ltd. He had levelled charges of cheating, Criminal intimidation etc. , against him. The latter is neither a Director of Surana corporation Ltd, nor is he involved in the administration of Surana Corporation ltd, in any way. The complainant further alleges that the complainant company proposed to go for a public issue for nearly 300 Crores to finance the proposed integrated Steel Project at Raichur. The impugned communication and the complaint to the police stated supra had adversely affected the image of the company. The accused had sent a communication dated 31. 03. 2006, containing false and libellous allegations against the complainant's company, to the Registrar of companies, Bangalore and the copies were marked to 12 persons, including the governor of Karnataka, Industrial Secretary of Karnataka Government, Karnataka industrial Development Board, Bangalore.