HON’BLE SRI JUSTICE A. GOPAL REDDY CRIMINAL PETITIONS NO.7678 & 7716 OF 2007 COMMON ORDER: The petitioner, who is arrayed as A6 in C.C.No.253 of 2007 and as A5 in C.C.No.252 of 2007 on the file of the II Additional Judicial First Class Magistrate, Kothagudem, filed these petitions seeking to quash the proceedings against him. The learned Counsel for the petitioner submitted that the matter between the petitioner and the 1st respondent-defacto-complainant has been settled out of Court and pursuant to the same, a memorandum of understanding has been executed by the defacto- complainant in favour of SAP Associate through Mukesh Gupta, partner, stating that he filed a case under Section 420/500 IPC at Paloncha (A.P.) against the second party and that they have settled the dispute and further the second party has agreed to pay a sum of Rs.1,00,000/- (Rupees One Lakh only) to the first party viz., defacto- complainant and the first party has agreed to give ‘No objection’ for bail and quashing of FIRs before the concerned Courts against the second party viz., SAP associates and that on receipt of the said amount, the first party-defacto-complainant will not claim anything in future against the second party. It is further submitted that the said memorandum of understanding, under which parties entered into compromise, has been produced in FIR.No.60 of 2006 of Paloncha Rural Police. The learned Counsel for the respondent-defacto- complainant has also admitted about the compromise of the matter. Since the offence is compoundable and the parties entered into compromise, it is not desirable to continue the proceedings against the petitioner in the above C.Cs. Accordingly, the Criminal petitions are allowed quashing the proceedings against the petitioner in the above C.Cs. _______________________ Justice A. Gopal Reddy Dated: 27.1.2011. Nn HON’BLE SRI JUSTICE A. GOPAL REDDY CRIMINAL PETITIONS NO.7678 & 7716 OF 2007 27.1.2011