1. The petitioners, in this petition, preferred under Section 561-A of the Code of Criminal Procedure seek the allowance of this Court in quashing the FIR bearing No. 97/2017 dated 21.07.2017 registered against them by the respondent No.1-State of Jammu and Kashmir, through SHO police Station Channi Himmat, Jammu, for the commission of offences punishable under Section 120-B, 420, 467, 468 and 471 RPC.

2. It has been delineated in the FIR that in a complaint of the complainant, namely, Rakesh Kumar Gupta S/o Kasturi Lal Gupta R/o Greenbelt Park, Gandhi Nagar, Jammu addressed to the Director General of the Police of Jammu and Kashmir and the Inspector General of Police, Jammu, it has been alleged that the complainant constructed a three storeyed building comprising of five shops in the year 1992 on land measuring seven marlas. In Shop No.3, located in the ground floor, the complainant carried his business under the name and style of “M/s ABLE Traders”; Shop No.2 was converted into a store and in the basement a Boutique and Gymnasium was being run by him besides a cement and spare parts store in the ground floor. The documents, it is stated bear testimony to this fact. The c