1. The petition has been appearing on the board for hearing for several weeks. After the submissions on the petition by Mr. Savant were heard, it was adjourned to enable respondent no.2 to appear and advance his arguments. He has however failed to appear before the Court. Petitioners no.2 to 8 and respondent no.2 are members of petitioner no.1 Society Hema Park Co-op. Housing Society Ltd. At the relevant time, petitioner no.2 was the Chairman and petitioner no.3 was the Secretary of the Society. Petitioners no. 4 to 8 were the members of the Managing Committee. On 13th September, 2002 respondent no.2 filed a private complaint in the Court of 27th Metropolitan Magistrate, Mulund being CC No.429/S/2002 alleging offence punishable under Section 427 r/w 34 of Indian Penal Code (I.P.C.). By the order dated 25th September, 2002 the Trial Court took cognizance of the complaint and issued process against the petitioners under Section 427 r/w 34 of I.P.C. By the present petition the petitioners seek to not only quash the