JUDGMENT :

Anil Kumar Choudhary, J.

1. Heard the parties.

2. This criminal miscellaneous petition has been filed invoking the jurisdiction of this Court under Section 482 Cr.P.C. with a prayer for quashing the order dated 09.12.2022 passed by the learned Judicial Magistrate-XIII, Ranchi in Complaint Case No. 10035 of 2022 as also the entire criminal proceeding, now pending in the court of learned Judicial Magistrate-XIII, Ranchi.

3. The allegation against the petitioner is that the petitioner entered into a memorandum of understanding cum joint venture contract agreement for initiation of business relationship between Urmila RCP Projects Private Limited and the petitioner inter alia in respect of the project titled ‘Balabaux Empire’ and decided a separate bank account shall be opened for the project of which the petitioner will be the authorized signatory and accordingly, a separate bank account was opened with the petitioner as the authorized signatory. The said memorandum of understanding has an arbitration clause which envisages that in case of any dispute or difference in connection with the said partnership between the parties, their heirs and legal representatives, such dispu