IN THE HIGH COURT OF JUDICATURE AT PATNA CR. WJC No.927 of 2007 M/S MADAN BHAI ELECTRICAL INDUST.,INDUST.RAMESH PRASAD Versus BIHAR STATE FINALCIAL CORPO.&O ----------- 4 7.11.08. Heard learned counsel for the parties. In the instant writ petition, the petitioner has prayed for a direction to the respondent Bihar State Financial Corporation, Patna for taking steps under section 320 of the Code of Criminal Procedure for compounding the criminal case filed against him being Barauni PS case no. 371 of 1995, GR NO. 2464 of 1995 instituted under section 407 of the I.P.C. It is submitted on behalf of the petitioner that in the year, 2006 one time settlement scheme was notified by the Bihar State Finance Corporation. The petitioner deposited the necessary amount of Rs. 1, 37,426/- as per the terms of the scheme which was accepted. The petitioner even deposited the remaining amount vide annexure 2 and 2/1 and as one time settlement was arrived at between the parties, the branch manager of BSFC, Begusarai even wrote a letter to his advocate dated 23.2.2007, wherein he advised him not to pursue the case. Learned counsel for the BSFC submits that he has received instruction in this case and the Corporation has no objection in closing the criminal case. In view of the aforesaid, this court is of the view that the parties would take their respective steps accordingly within a period of six weeks from the date of receipt/production of a copy of this order. The trial court is directed to dispose of the criminal prosecution of Barauni PS case no. 371/95 within the aforesaid period. Shashi. (S.P.Singh,J).