[2025:RJ-JP:24745] HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR S.B. Criminal Miscellaneous (Petition) No. 3874/2023 1. Rbl Bank Limited, Having Its Registered Office At Rbl Bank Ltd. 1St Lane, Shahupuri, Kolhapur - 416001, Maharashtra And Branch Office At Unit Nos. 8, 9 And 10, Ground Floor, Silver Square, Bhagvan Das Road, Near Raj Mandir Cinema, Jaipur - 302001, Through Authorised Signatory Mr. Yogesh Pareek S/o Mr. Mahendra Pareek, Aged 35 Years. 2. Amal Bhandari S/o Shri Paresh Bhandari, Aged About 46 Years, Avp Collections, Having Its Office At Unit Nos. 8, 9 And 10, Ground Floor, Silver Square, Bhagvan Das Road, Near Raj Mandir Cinema, Jaipur - 302001. 3. Rajesh Kumar Sharma S/o Shri Shri Ramjilal Sharma, Aged About 39 Years, Manager Collections, Having Its Office At Unit Nos. 8, 9 And 10, Ground Floor, Silver Square, Bhagvan Das Road, Near Raj Mandir Cinema, Jaipur - 302001 ----Petitioners Versus 1. State Of Rajasthan, Through Public Prosecutor 2. Lokesh Agarwal S/o Late Shri Premchand Agarwal, Aged About 41 Years, Resident Of 3533, Balaji Ki Gali, Nahargarh Road, Jaipur - 302001. ----Respondents For Petitioner(s) : Mr. Ashish Sharma, Adv. Ms. Lipi Garg, Adv. For Respondent(s) : Mr. Rishi Raj Singh Rathore, PP HON'BLE MR. JUSTICE SAMEER JAIN Judgment 04/07/2025 1. This petition under Section 482 of Cr.P.C. is filed, with a prayer to quash the FIR No.16/2023 registered at Police Station Vidhayakpuri, Jaipur (West) for offences under Sections 420 and [2025:RJ-JP:24745] (2 of 3) [CRLMP-3874/2023] 406 read with Section 120B of IPC on the basis of compromise effectuated between the parties herein, in respect of their inter-se dispute. 2. Learned counsel for both the parties have submitted that the matter pertains to financial dispute inter-se the financial enterprise and the complainant. In support of the same, reference is made to Annexure-A/1, whereby request for closure of loan account/scheme was made by one- Lokesh Agarwal to the Manager of RBL Bank Limited and in pursuance to the same, dues were settled vide letter dated 14.01.2025. 3. Heard and considered. 4. At the outset, this Court deems it appropriate to place reliance upon the judgment passed by the Hon’ble Apex Court in Gian Singh Vs. State of Punjab [(2012) 10 SCC 303] and Ramgopal Vs. The State of Madhya Pradesh reported in [2022 (14) SCC 531], relevant portion of which is reproduced below: “12. The High Court, therefore, having regard to the nature of the offence and the fact that parties have amicably settled their dispute and the victim has willingly consented to the nullification of criminal proceedings, can quash such proceedings in exercise of its inherent powers under Section 482 Cr.P.C., even if the offences are non- compoundable.” 5. In view of the position of law laid down by the Hon’ble Apex Court in aforementioned case, and considering the personal nature of dispute, which has been amicably settled between parties, this [2025:RJ-JP:24745] (3 of 3) [CRLMP-3874/2023] Court deems it just and proper to allow the present misc. petition. Compromise is taken on record. 6. Considering the aforementioned, the present criminal miscellaneous petition is allowed and the FIR No.16/2023 registered at Police Station Vidhayakpuri, Jaipur (West) for offences under Sections 420 and 406 read with Section 120B of IPC with all consequential proceedings, are hereby quashed and set aside. 7. Accordingly, the instant petition is allowed. Pending application(s), if any, stand disposed of. (SAMEER JAIN),J CHANDAN /155