IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. Criminal Misc. No.23452 -M of 2010 (O&M) DATE OF DECISION : AUGUST 10, 2011 SANJAY ARORA ....... PETITIONER(S) VERSUS DEEPAK JAIN .... RESPONDENT(S) CORAM : HON'BLE MR. JUSTICE AJAI LAMBA PRESENT: Ms. Niti Wadhawan, Advocate, for the petitioner(s). Mr. AS Gill, Advocate, for the respondent. AJAI LAMBA, J. (Oral) 1 This petition has been filed under Section 482, Code of Criminal Procedure, praying for quashing of Criminal Complaint No.4425/2 dated 21.11.2008 (Annexure P-1), entitled 'Deepak Jain v. Sanjay Arora', pending in the Court of Judicial Magistrate Ist Class, Jalandhar, under Section 138, Negotiable Instruments Act, 1881 (for short 'the Act'). The petition also challenges order of summoning dated 21.11.2008 (Annexure P-2). 2 In brief, learned counsel for the petitioner contends that the petitioner is ready to pay the cheque amount of ` 1 lac along with interest amounting to ` 25,000/-. 3 Learned counsel for the respondent-complainant, on instructions from the respondent, who is present in Court, states that the respondent is ready to accept the cheque amount and Criminal Misc. No.23452 -M of 2010 (O&M) 2 the provisions of Section 147 of the Act be invoked, so as to allow the petition. 4 Two demand drafts viz. (i) Demand draft No.228785 dated 14.7.2011, in the sum of ` 30,000/-, drawn on Bank of Baroda, G.T. Road, Jalandhar, and (ii) Demand draft No.228817 dated 9.8.2011, in the sum of ` 95,000/-, drawn on Bank of Baroda, G.T. Road, Jalandhar, both in favour of Deepak Jain, have been handed over to the respondent, in Court. 5 In view of the fact that the respondent has accepted the cheque amount along with interest, in Court, in full and final settlement of his claim and does not want to proceed with the complaint, the petition is allowed. 6 Criminal Complaint (Annexure P-1) and order of summoning (Annexure P-2) are hereby quashed. August 10, 2011 ( AJAI LAMBA ) Kang JUDGE 1.To be referred to the Reporters or not? 2.Whether the judgment should be reported in the Digest?