Srei Equipment Finance Limited and others (petitioners/accused Nos. 1–6) filed criminal petitions before the Telangana High Court seeking to quash FIR No. 61 of 2026 registered at Central Crime Station, Hyderabad. The FIR was lodged by Janapriya Engineers Syndicate Private Limited (JESPL), alleging that Srei Equipment Finance induced JESPL to execute a fresh Loan Agreement in 2017 for Rs. 19.53 crores through deliberate misrepresentation, while the parties were already governed by a 2015 One Time Settlement, and that the petitioners fabricated and falsified accounts, forged documents, and fraudulently initiated proceedings under SARFAESI Act and IBC to unlawfully recover inflated amounts. The offences alleged are under Sections 318(4), 344, 316(2), 336(3), 338 and 340(2) read with Section 3(5) of the Bharatiya Nyaya Sanhita, 2023. The judgment text provided covers the background facts and hearing of the petitions, but does not record a final disposal or outcome within the extracted text.