(1.) I have heard the learned counsel for the applicants and the learned counsel for respondent No. 1 at length and the matter is being disposed of finally at the admission stage.
(2.) Applicants are challenging the order of issuance of process dated 15-9-2004 passed by the Metropolitan Magistrate, 24th court, Esplanade, Mumbai and also the complaint which is filed under section 499 of the Indian Penal Code.
(3.) Brief facts which are relevant for the purpose of deciding this Criminal application are as under :-