Criminal Misc. No. M- 34146 of 2010 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Criminal Misc. No. M- 34146 of 2010 Date of decision:- 20.1.2011 Balwinder Singh and another ...Petitioners Versus State of Punjab ...Respondent CORAM: HON'BLE MS. JUSTICE RITU BAHRI Present:- Mr. D.D. Sharma, Advocate for Mr. R.S. Athwal, Advocate for the petitioners. Mr. Munish Kumar, AAG Punjab for respondent -State. Ms. Ruchi Sekhri, Advocate for the complainant. RITU BAHRI J.(Oral) The present petition under Section 438 Cr.P.C. has been filed by the petitioners for issuance of directions to Arresting Officer of Police Station City, Ropar to release the petitioners on bail in the event of their arrest in FIR No. 116 dated 07.9.2008 under Sections 406,420,465,467,468,471 and 120-B IPC, registered at Police Station City, Ropar. Counsel for the complainant has put in appearance and filed affidavit of Varun Partap Vohra, Assistant Manager (Legal) authorized signatory Kotak Mohindra Bank. As per the affidavit of Varup Partap Vohra and compromise/agreement (Annexure P-1), the petitioners have paid the agreed amount of Rs.2,50,000/- as full and final settlement to the bank. Nothing is due from them. Complainant-bank has no objection if the FIR in question is quashed with subsequent proceedings. Criminal Misc. No. M- 34146 of 2010 -2- In view of affidavit of Varun Partap Vohra, Assistant Manager (Legal) authorized signatory Kotak Mohindra Bank-complainant, FIR No. 116 dated 07.9.2008 under Sections 406,420,465,467,468,471 and 120-B IPC, registered at Police Station City, Ropar, is quashed with all subsequent proceedings arising therefrom qua petitioners. January 20, 2011 ( RITU BAHRI ) Vijay Asija JUDGE