ORDER :

This petition is filed by accused Nos.1 to 8 under Section 482 of Cr.P.C. praying to quash the FIR in Crime No.168/2018 registered by High Grounds Police Station, Bengaluru, for the offences punishable under Sections 406, 417, 418, 420, 465 r/w. Section 34 of IPC.

2. Though this case is listed for admission, with the consent of the learned counsel appearing for the parties, the same is taken up for final disposal.

3. I have heard Sri C.V.Nagesh, learned Senior Counsel appearing on behalf of the petitionersaccused Nos.1 to 8 and Sri Hashmath Pasha learned Senior Counsel for respondent No.2, so also the learned HCGP for respondent No.1State.

4. The brief facts of the case as averred in the petition are that accused No.1M/s.Mantri Promoters are into the business of acquisition and development of lands. They had entered into agreements to build high raised buildings. It is a partnership firm formed through a partnership deed dated 25.3.2009. They entered into a Joint Development Agreement with Township Promoters for the development of lands at Jakkur and executed a deed on 1.6.2017. Subsequently, five more partners were added to the said firm and thereafter it has been converted in