1 cr-apln-747-09 jdk IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRI.APPLN. NO. 747 OF 2009 M/s. Sunil Silk Mills and Anr. ..Applicants Vs. Vijaya Bank and Anr. ..Respondents .... Mr. Subodh Desai Adv. for applicants Mr.Dipankar Das i/b M/s. M.V.Kini and Co. for Respondent no.1 Mr.Mandar Goswami Adv. for respondent no.2 .... CORAM : SMT.V.K.TAHILRAMANI, J. DATE : SEPTEMBER 15, 2010 P.C.: 1 Heard the learned advocate for the applicants-original accused nos.4 to 7, the learned counsel for respondent no.1-Bank and the learned counsel for respondent C.B.I. 2 The applicants are seeking quashing of proceedings in relation to them i.e. Special Case No. 94 of 2002 pending before the learned Special Judge for C.B.I. cases. 3 The learned counsel for the applicants stated that the 2 cr-apln-747-09 applicants have entered into a settlement with the complainant i.e. Vijaya Bank and DRT proceedings initiated by the Bank against the applicants came to be withdrawn by the Bank and No Dues Certificate has also been issued by the Bank to the applicants. 4 This application has been preferred for quashing the case in relation to the applicants as a letter had been issued by the complainant- bank that the Bank wanted to take up the case with the C.B.I. to drop the case filed against the present applicants. It is stated that in the said letter it was mentioned that the Bank is not interested in prosecuting the case against the applicants as the dispute between them has been settled. Thus, it is submitted that as the Bank is not interested in prosecuting the case against the applicants, the case be quashed. 5 The learned counsel for respondent-Bank states that they have handed over all the papers to C.B.I. and it is left to the C.B.I. to take further steps as deemed fit and they have nothing further to state in the matter. In this view of the matter, no case is made out for quashing, hence, application is rejected. [ SMT. V.K.TAHILRAMANI, J.]