IN THE HIGH COURT OF JUDICATURE AT PATNA Cr.Misc. No.4621 of 2009 1. Senior Branch Manager, Life Insurane Corporation of India, Lohia Nagar, P.S. Kankarbagh, District- Patna. 2. Divisional Manager, Life Insurance Corporation of India, "Jeevan Prakasah", Fraser Road, P.S.-Kotwali, District-Patna. ….Accused No.2 & 3-Petitioner Nos.1 and 2 Versus 1. The State of Bihar. 2. Somen Roy, son of Sri Subir Roy, resident of Mohalla- Babuaganj, P.S. Gulzarbagh, District-Patna. ….Complainant….Opposite Party No. 2 For the petitioners :- Mr. Rajeev Ranjan Prasad, Advocate. Mr. Amod Kumar, Advocate. For the O.P.No. :- Mr. Manoj Kumar No. I, Advocate. For the State :- Mr. Amarendra Prasad, A.P.P. ----------- 3. 03. 12. 2010. Heard. This criminal miscellaneous petition has been filed for quashing the order dated 07. 05. 2007 taking cognizance and issuance of summons against the petitioners in Complaint Case No. 1177 ( C) of 2007 for offence under Sections 406 and 120B of the Indian Penal Code. The allegation is that informant deposited Rs. 2,89,000/- regarding purchase of a policy on assurance that same would be assured Rs. 25,00,000/- but in the policy it has been mentioned as Rs. 15,00,000/- and hence a case was filed for cheating and cognizance has been taken under Sections 406 and 420 of the Indian Penal Code. Learned counsel for the petitioners submits 2 that parties have entered into a compromise and the amount of which the case was filed has been paid to the informant and the informant who is Opposite Party No. 2 has filed a petition that he has received the amount and now he has no grievance and hence both submits that since the parties are satisfied that the amount for which the case was filed under Section 406 I.P.C. being compoundable at the instance of the owner of the property in respect of breach of trust alleged to be committed. Hence having regard to the fact now the informant has no grievance and is compounded, hence the order of taking cognizance is hereby quashed and the petition is allowed. m.p. ( Gopal Prasad, J.)