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3. A scanning of the formal FIR reveals that the impugned criminal proceeding was set in motion on the strength of a complaint lodged by Opposite Party No. 2, Tarun Kumar Sen. The gravamen of the allegation is that the complainant was an investor in the Pincon Group. It is alleged that the said Pincon Group, operating under the nomenclature of various institutions, collected substantial sums of money from the public.
4. The complainant asserts that despite the maturity of the investment, and notwithstanding repeated visits to the two offices of the accused company, the invested amounts were not repaid. It is further alleged that while the said Pincon Group continues to operate its other business ventures, it has consistently failed to honor its liabilities toward the investors. Furthermore, it is alleged that when the investors demanded their legitimate dues, they were meted out with threats of various kinds by the company.