IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Criminal Misc. No.M-45949 of 2007 Date of decision : 17.12.2008 Ajay Singhania .....Petitioner Versus State of Punjab and another ...Respondents CORAM : HON'BLE MR. JUSTICE S. D. ANAND Present: Mr. Puneet Bali, Advocate for the petitioner. Ms. Manjari Nehru, Deputy Advocate General, Punjab. Mr. R.C.Setia, Senior Advocate with Mr. Vishal Ranjan, Advocate for respondent no.2. S. D. ANAND, J. The parties to the impugned prosecution in FIR No.160 dated 23.7.2007 under Sections 420 IPC, Police Station, Sahnewal, District Ludhiana have come to the terms and have placed on record documented compromise which may be read as Annexure C-1. A Demand Draft bearing No. 662367 dated 17.12.2008 amounting to Rs.43,87,500/- drawn at State Bank of Patiala has been given. Satish Kumar Jain, who has been authorised by Ajay Singhania-petitioner to make or sign any statement in court for compounding/quashing of FIR and to enter into deed of compromise/compounding with regard to said FIR and respondent no.2/complainant Rajnish Ahuja are present in the Court and are identified by their respective counsel. Both the parties own up the compounding. In the light thereof, FIR No.160 dated 23.7.2007 under Sections 420 IPC, Police Station, Sahnewal, District Ludhiana shall stand quashed on account of compounding. Disposed of accordingly. December 17, 2008 (S.D. ANAND) Pka JUDGE