PRADEEP NANDRAJOG, J.

1. The matter was listed for September 13, 2016 which was declared a holiday and therefore is being taken up today.

2. The petitioner by way of present petition prays quashing of the criminal complaint bearing CC No.1780/1 (old number CC 3864/11) and CC No.1781/1 (old number CC 3864/11/2011) under Section 138 read with Section 141 of the Negotiable Instruments Act (hereinafter referred to as ‘Act’), titled Countrywide Promoters Pvt. Ltd. Vs. Era Landmarks Ltd. & Ors., and the summoning orders dated March 01, 2011 and May 14, 2013 and all proceedings arising there from.

3. The brief facts necessitating the disposal of the present petitions are that the accused company, in which the petitioner was alleged to be a director, entered into an MOU with the Complainant Company/respondent No.2 for development of a parcel of land in Haryana. Pursuant to the MOU, a Development Rights Agreement dated April 13, 2007 was entered into between the parties and subsequently a Share Purchase Agreement dated May 05, 2008 was entered into between the parties. It is the case of the complainant that vide letter dated August 14, 2010 the accused company communicated to the com