I. S. MEHTA, J.

1. Instant is a petition invoking Section 482 of the Code of Criminal Procedure for quashing of entire proceeding pending in case FIR/RC No. RC.AC 3/2003/A/0002/CBI/ACU-III/New Delhi under Sections 7, 8, and Section 13(1)(d) Read With Section 13(2) of Prevention of Corruption Act, 1988 and Section 120-B of Indian Penal Code on the ground of lack of evidence.

2. Brief facts stated are that on the basis of source information the FIR/RC No. RC.AC 3/2003/A0002 was registered on 26.03.2003 with CBI/ACU-III, New Delhi wherein it was alleged that Subhash Sharma, Vice Chairman DDA, Anand Mohan Saran, Commissioner (Land Disposal) DDA, Vijay Risbud, Commissioner (Planning) DDA and Jagdish Chander, Director (Lands) DDA while functioning in official capacity entered into a criminal conspiracy with Dharambir Khattar, Ajay Khanna and Ravinder Taneja to show undue favor to M/s DLF Universal Ltd. in the matter of allowing Floor Area Ratio (FAR) of 300 in place of 139 in one of DLF's project on plot No. 1-E, Jhandewalan by charging rates much below the prevailing market