Anees,
If you need to save and load metadata files between processes, you may want to try the "Metadata Management" action, which allows you to either save or load a metadata file from a location. So you could save it in one process, and load it in another one.
However, be careful messing around with the Capture-generated metadata. The Metadata that the various Capture-related actions generates contains all sort of information needed to produce correct results. Deleting, replacing or otherwise altering this metadata could potentially prevent Capture from working correctly.
Regards,
Raphaël Lalonde Lefebvre