THE HON’BLE SRI JUSTICE SAMUDRALA GOVINDARAJU CRIMINAL PETITION No.7499 of 2009 BETWEEEN: Sanamanda Chandini @ Lanka chandini … Petitioner AND 1. Pilli Padmanabham, S/o. Satyanarayana & another. … Respondents THE HON’BLE SRI JUSTICE SAMUDRALA GOVINDARAJULU CRIMINAL PETITION No.7499 of 2009 ORDER: The petitioner who is stated to be an advocate, is accused of offences punishable under Sections 417, 420/34 I.P.C. It is alleged that the petitioner/A1 pledged three bangles and availed gold loan of Rs.29,800/- from Muthoot Finance Limited, of which the 1st respondent is the Branch Manager at Palakol and that the said bangles were made of spurious gold. It is contended by the petitioner’s counsel that she purchased the said bangles from A4 as gold bangles under a receipt and that she does not know about the said bangles being spurious gold bangles. The petitioner’s counsel states that the petitioner is ready to pay back the gold loan amount and settle the matter with the 1st respondent. Having regard to the allegations in the report, I do not find any valid reasons to quash FIR in this crime at its threshold. At the same time, the petitioner is at liberty to settle the matter with the 1st respondent. 2. In the result, the criminal petition is dismissed. However, it is open to the petitioner to settle the dispute with the 1st respondent, in which event and when reported, the Investigating Officer is directed to record further or second statement of the 1st respondent and after satisfying about truth and voluntary nature of the settlement, the Investigating Officer may drop the proceedings against the petitioner. _____________________________ SAMUDRALA GOVINDARAJULU, J Dated: 28.03.2011 ysk THE HON’BLE SRI JUSTICE SAMUDRALA GOVINDARAJULU CRIMINAL PETITION No.7499 of 2009 DATED: 28.03.2011 ysk