( 1 ) THIS petition seeks quashment of FIR No. 768/2000 under Sections 406/420/468/471/ 34 IPC registered at Police Station Connaught place, New Delhi registered at the instance of the respondent No. 2 namely, The Hong Kong and Shanghai Banking Corporation Ltd. (HSBC ). The petitioners, namely, Mrs. Rachna Gera and Mr Lalit Gera obtained loan from the complainant bank for purchase of a car under a Hire Purchase Agreement and the petitioners appear to have committed defaults in paying the instalments. In the FIR, it is alleged that the complainant demanded the vehicle when the defaults in paying the instalments were made and the petitioners failed to produce the vehicle giving rise to a suspicion in the mind of the complainant that the vehicle has been sold away to some third party and that for doing so a written consent of the complainant bank may have been forged.

( 2 ) THE complainant/respondent No. 2 bank and the petitioners have compromised. The petitioners, therefore, pray for quashment of the complaint. A Compromise Agreement has been placed on record Mr. Alok Narayan mathur, Attorney Holder of the Respondent no. 2/bank is present before the Court along with his counsel and c

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