CRM No. M-13657 of 2009 1 IN THE HIGH COURT FOR THE STATES OF PUNJAB & HARYANA AT CHANDIGARH. CRM No. M-13657 of 2009 (O&M) Date of decision: 29.5.2009 Nirmla Rani and others ...Petitioners Versus State of Punjab and another ...Respondents CORAM: HON'BLE MR. JUSTICE RAJAN GUPTA Present: Mr. Rahul Rampal, Advocate, for the petitioners. Mr. Shailesh Gupta, DAG, Punjab. Mr. Rahul Chhatwal, Advocate, for respondent No.2. Rajan Gupta, J. The petitioners have filed this petition under Section 482 Cr.P.C. for quashing of FIR No.326 dated 4th December, 2007, under Sections 406, 420, 120-B IPC, registered at Police Station Basti Jodhewal, District Ludhiana (Annexure P-1) and the subsequent proceedings arising therefrom, on the basis of affidavit (Annexure P-2). Learned counsel for the complainant/respondent No.2 does not dispute the factum of compromise. Learned counsel for the State has pointed out that loan was taken by petitioner No.1 from LIC Housing Finance Limited, to which there is reference in the FIR. However, according to the counsel for the petitioners, liability towards LIC Housing Finance Limited has already been discharged. CRM No. M-13657 of 2009 2 Keeping in view the facts and circumstances of the case, the petitioner is relegated to the remedy of filing an application before the trial Court for compounding of offences in the light of compromise arrived at between the parties. In case the appropriate application is moved before the trial court within a week from the receipt of the certified copy of this order, the trial court shall decide the same expeditiously, preferably within three months thereafter. Disposed of. (RAJAN GUPTA) JUDGE May 29, 2009 'rajpal'