THE HON'BLE SRI JUSTICE RAJA ELANGO CRIMINAL M.P.No.12666 of 2011 AND CRIMINAL PETITION No.11333 of 2011 ORDER: Petitioners/Accused approached this Court with a prayer to quash the proceedings initiated against them in Crime No.261 of 2011 of Gandhinagar Police Station, Hyderabad, wherein they are arrayed as accused for the offence punishable under Sections 420 IPC, 63 and 64 of Company Act and 102, 103 and 104 of Trademark Act. Heard. Today, the petitioners and the de facto complainant are present before this Court. The petitioners filed an affidavit signed by the de facto complainant stating that at the instance of elders and traders interested in both the parties, himself and the petitioners have compromised the matter and settled all the disputes between them. A petition in Crl.M.P.No.12666 of 2011, duly signed by both parties, is filed seeking permission of the Court to compound the offences alleged against the petitioners. The learned Additional Public Prosecutor submitted that there is no objection to quash the proceedings against the petitioners inasmuch as both the parties settled the matter amicably. In the light of the compromise arrived at between the parties, this Court is of the view that by invoking the provisions under Section 482 Cr.P.C., the proceedings against the petitioners can be quashed. Accordingly, Crl.M.P.No.12666 of 2011 and the Criminal Petition are allowed quashing the proceedings initiated against the petitioners/Accused in Crime No.261 of 2011 of Gandhinagar Police Station, Hyderabad. Miscellaneous Petitions, if any, pending in this Criminal Petition shall stand closed. _____________________ JUSTICE RAJA ELANGO 15th November 2011 Rns