THE HON’BLE SRI JUSTICE G.V.SEETHAPATHY CRIMINAL PETITION No.2738 OF 2010 ORDER: This petition is filed under Section 482 of Cr.P.C., seeking quashing of further proceedings in Cr.No.17 of 2010 of I Town police station, Gudur. 2. Heard both sides. Perused the records. 3. According to the prosecution, one Duvvur Chenchu Reddy opened an account with the Account No.452902010010476 at Union Bank of India, Gudur on 29.11.2008 by impersonating one Paluru Gangaiah and withdrew the amount of compensation of Rs.4,50,300/- and deposited in the name of the said Gangaiah for acquisition of his lands. It is further alleged that the petitioner herein-A2 has signed as a proposer for opening the account by Chenchu Reddy knowingly that the said Chenchu Reddy was impersonating the said Gangaiah. 4. On 22.03.2010, this Court granted interim stay of investigation insofar as the petitioner-A2 is concerned. It is stated by the learned Additional Public Prosecutor that investigation as against A1 is almost completed. In the circumstances, having regard to the serious nature of the allegation made against the petitioner-A2 and in view of the fact that the evidence under Section 120-B IPC is also subsequently added, the truth or otherwise as to the complicity, if any, of the petitioner-A2 can come out only after due investigation. The question as to whether or not the petitioner-A2 signed as a proposer and identified Chenchu Reddy as Paluru Gangaiah and thereby abetted the said Chenchu Reddy in impersonating Paluru Gangaiah and facilitated withdrawal of the amount by Chenchu Reddy, which was in fact due and payable to Paluru Gangaiah, are all matters to be ascertained only after due investigation. Hence, having regard to the nature of the offences alleged, which require thorough investigation, it is considered not a fit case to invoke the inherent powers of this Court under Section 482 Cr.P.C. and quash further proceedings in pursuance of the First Information Report No.17 of 2010. However, petitioner- A2 may not be arrested till completion of the investigation. 5. In the result, Criminal Petition is dismissed, subject to the above direction. Interim stay granted on 22.03.2010 stands vacated. _______________________ G.V.SEETHAPATHY, J 13th October, 2010 Tsy