- 1 - HC-KAR CNR: KAHC010029722024 NC: 2026:KHC:51594 CRL.P No. 567 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE RAJESH RAI K CRIMINAL PETITION NO. 567 OF 2024 BETWEEN: TVS CREDITS SERVICES LIMITED VISHNUPRIYA TOWERS, KBG EXTENSION, NEAR METRO STATION,NAGAPPA BLOCK, SRIRAMURA, BENGALURU - 560021 REP BY ITS LEGAL MANAGER …PETITIONER (BY SMT. YASHASVI.S, ADVOCATE FOR SRI. SURESH V, ADVOCATE) AND: 1. STATE OF KARNATAKA THROUGH SAMPANGIRAMANAGAR POLICE REPRESENTED BY STATE PUBLIC PROSECUTOR, HIGH COURT OF KARNATAKA, BENGALURU - 560 001 2. N.V. CHETAN KUMAR S/O. VENUGOPAL, AGED ABOUT 35 YEARS R/AT NO 12, 11TH CROSS, 4TH MAIN ROAD, SAMAPANGIRAMA NAGAR, BENGALURU - 560 027 …RESPONDENTS (BY SRI. JAVEED S, HCGP FOR R1, SMT. AKSHATHA M.S.P, ADVOCATE FOR R1, SRI. SADANAND SHASTRI, ADVOCATE FOR R2) Digitally signed by PANKAJA S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010029722024 NC: 2026:KHC:51594 CRL.P No. 567 of 2024 THIS CRL.P IS FILED U/S.482 OF CR.P.C PRAYING TO QUASH THE ENTIRE PROCEEDINGS IN C.C.NO.16123/2023 PENDING ON THE FILE OF THE FILE OF III A.C.M.M BENGALURU FOR THE OFFENCE P/U/S 403,406,420 OF IPC VIDE ANNEXURE-A. THIS PETITION, COMING ON FOR FURTHER HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE RAJESH RAI K ORAL ORDER Learned counsel for the respective parties jointly submits that the dispute between the parties amicably settled outside of the Court to that effect they filed an application under Section 359 of Bharatiya Nagarik Suraksha Sanhita, 2023 (for short, 'the BNSS'), for compounding the offences and to quash the proceedings. 2. Considering the nature of the dispute between the parties, since the same is purely private in nature and in respect of the monetary transactions and also considering the aspect that now that the parties have settled their dispute amicably, they may be permitted to compound the offences. Accordingly, application filed under Section 359 of BNSS is allowed. - 3 - HC-KAR CNR: KAHC010029722024 NC: 2026:KHC:51594 CRL.P No. 567 of 2024 3. The parties are permitted to compound the offences. In view of the settlement, the petition is allowed. 4. The proceedings against the petitioner/accused in C.C.No.16123/2023 (arising out of PCR No.5979/2023) for the offences punishable under Sections 403, 406, 420 of IPC, pending on the file of III Additional Chief Metropolitan Magistrate, Bengaluru, is hereby quashed. SD/- (RAJESH RAI K) JUDGE CR List No.: 1 Sl No.: 1