(1.) By consent of the parties, the revisional application is taken up for consideration.
(2.) Heard learned counsels for the parties.
(3.) The petitioners who are the directors of M/s. Iceberg Builders Private Limited seek quashing of proceedings being G.R. Case no. 1403 of 2018 pending before the Learned Metropolitan Magistrate, 9th Court Calcutta, presently re-designated as Learned Judicial Magistrate, 9th Court Calcutta.