In the High Court of Punjab and Haryana at Chandigarh ...... Criminal Misc. No.M-22163 of 2009 ..... Date of decision:17.3.2010 Inder Mohan and others .....Petitioners v. State of Haryana .....Respondent .... Present: Mr. P.B.S. Goraya, Advocate for the petitioners with Inder Mohan (petitioner No.1) in person. Mr. K.C. Gupta, Senior Deputy Advocate General, Haryana for the respondent-State. Mr. Kunal Dawar, Advocate for the complainant with Sanjay Katiyar (complainant) in person. ...... S.S. Saron, J. The petitioners have filed the present petition seeking pre-arrest bail in a case registered against them on 2.7.2009 for the offences under Sections 420, 465, 467, 468, 471 and 120-B Indian Penal Code. The matter was referred to the Mediation Centre for amicably settling the dispute. It is admitted position between the petitioners and the complainant that it was agreed that the petitioner No.1 will pay the complainant-Sanjay Katiyar an amount of Rs.17 Lacs. The amount of Rs.1 Lac has admittedly been paid by Inder Mohan (petitioner No.1) to the complainant Sanjay Katiyar. However, the parties could not resolve the duration for payment of the balance amount of Rs.16 Lacs. Today, both the parties after deliberations have mutually agreed that Inder Mohan (petitioner No.1) will pay the complainant-Sanjay Katiyar an amount of Rs.10 Lacs by Cr. Misc. No.M-22163 of 2009 [2] 31.8.2010. The balance amount of Rs.6 Lacs would be paid in the following manner i.e. Rs.3 Lacs by 31.3.2011 and Rs.3 Lacs by 31.12.2011 respectively. Inder Mohan (petitioner No.1), who is present in Court through his counsel has undertaken to stick to the schedule agreed. The complainant-Sanjay Katiyar has also agreed to the mode and duration of the payment. The dispute being between the partners it is also agreed that the petitioners may file a petition seeking quashing of the FIR in the above terms and the complainant Sanjay Katiyar would give his necessary consent and depose affidavit for facilitating the quashing of FIR. It is further agreed that petition may be filed for quashing of the FIR, however, the actual FIR be quashed after the receipt of due amount by the complainant-Sanjay Katiyar. In view of the settlement reached at between the parties, the interim bail granted on 13.8.2009 is made absolute. The criminal miscellaneous petition stands disposed of. March 17, 2010. (S.S. Saron) Judge *hsp*