Supreme Court of India
Anil Bhavarlal Jain & Anr. v. The State of Maharashtra & Ors.
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What the Court ordered
We are of the view that the High Court was justified in not exercising its jurisdiction under Section 482 of CrPC. The appeals are accordingly dismissed.
Judgment, page 9
From the headnote
Issue for Consideration Whether criminal proceedings can be quashed on the basis of a settlement arrived at between the parties on the consent terms drawn and submitted before the Debt Recovery Tribunal. Headnotes† CrPC – s.482 – FIR and chargesheet filed against Appellants for offences punishable under Sections 409, 420 and 120B of the Indian Penal Code, 1860 along with Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988 – High Court rejected petition under Section 482 of Code of Criminal Procedure, 1973 to quash FIR and chargesheet – Appeals dismissed – High Court justified
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