P.S.TEJI, J.

1. The present petition under Section 482 Cr.P.C. has been filed by the petitioners, namely, Sh. Krishan Mehta and Sh. Shyam Mehta for quashing of FIR No.34/2015 dated 12.02.2015, under Section 420 IPC registered at Police Station Parliament Street on the basis of the settlement agreement arrived at between the petitioners and respondent no.2, namely, M/s Sterling Component (India) having its registered office at 4348/4C, Ansari Road, Daryaganj, New Delhi110002 through its authorized representative Mr. Dharmendra Saini on 14.07.2015.

2. Learned Additional Public Prosecutor for respondent-State submitted that Mr. Dharmendra Saini, the authorized representative of respondent no.2 present in the Court, has been identified to be the complainant/first informant in the FIR in question by his counsel.

3. The factual matrix of the present case is that the complainant lodged the FIR in question on the allegation that in the year 2011, the complainant met Mr. Rajiv Duggal who was the then manager of the accused company. He arranged a meeting with Mr. Krishna Mehta, MD of Energetic Lightning Pvt. Ltd. who told the complainant that he is running the business along with vari