Judgment

Prafulla C. Pant, J.

1. This appeal is directed against order dated 4.3.2014, passed by the High Court of Judicature at Allahabad, in Criminal Misc. Application (Section. 482) No. 6667 of 2014 whereby said Court has disposed of the same declining to quash the proceedings of criminal complaint case No. 1446/9 of 2013, relating to offences punishable Under Sections 420, 467, 468, 471, and 406 of Indian Penal Code (Indian Penal Code), P.S. Nauchandi, pending in the Court of Additional Chief Judicial Magistrate-4, Meerut, with certain observations.

2. We have heard learned Counsel for the parties and' perused the papers on record.

3. Succinctly, facts of the case are that Appellant is Manager Accounts with M/s. Jetking Infotrain Ltd. There was a franchisee agreement between the Appellant's company and M/s. SVS Computers Ltd., of which Respondent No. 2 Vishal Sharma (complainant) is one of the directors. Said franchisee agreement expired on 29.6.2011. There was some dispute as to the clearance of outstanding dues of M/s. Jetking Infotrain Ltd., due to which, it appears that it sent a notice for payment before renewal of the agreement of franchisee. It is pleaded before us that Resp