UNION OF INDIA Vs. SUMAN DISTRIBUTOR LTD.

JUDGEMENT

(1.) BOTH the criminal appeals arise out of a common judgment as also common facts and questions of law, hence the same are being decided by this common judgment.

(2.) BOTH the criminal appeals have been filed by the appellant -Union of India, through Registrar of Companies, Ministry of Finance and Company Affairs, against the judgment of acquittal dated August 14, 2002, passed by learned Special Judicial Magistrate (Economic Offence), Jaipur City, Jaipur (hereinafter to be referred in short 'learned trial court') in Criminal Case No. 549 of 2000, whereby it acquitted the accused respondents for the offence under Section 159/162 of the Companies Act, 1956.

(3.) ON the basis of this complaint the learned trial court took cognizance against the accused -respondents for the offence under Section 159/162 of the Companies Act, 1956. Thereafter, the substance of the offence was read over to them. They denied the charges, pleaded not guilty and claimed to be tried in the matter.