As per allegations in the FIR, the complainant Company is doing the business of engineering good such as bicycles, bicycles parts, tyres and tubes, confectionary, Solar products etc. The company is having its godown at Ludhiana from where the exports orders are executed. The Chandigarh Office is handling purchase and marketing operations of the company. Mr.I.A.Quadri and Mr.Ajai Singh who are employees of the company, based at Chandigarh and are handling export marketing of the company since last 15 years. During last month, the respondent/company learnt that these officials are stealing the data and utilizing the same for their own benefit illegally. One of the employees of respondent company Mr.Rajeev Nanda, left on 15.4.2011 and he is also involved in this activity. Thus, both connived to deprive valuable property of the company i.e. the goodwill and valuable customers and thus caused financial loss to the company. In this background, the impugned FIR was registered.