JUDGMENT :

Shekher Dhawan, J.

Present petition under Section 482 of the Code of Criminal Procedure is for quashing of FIR No. 141 dated 20.09.2014 (Annexure P/16) under Sections 420, 408 and 120-B IPC registered at Police Station Division VII, Jalandhar.

2. Facts relevant for the purpose of decision of the present petition; that the petitioner alongwith other members of a Cooperative House building society namely, Graduate Employees Co-operative House Building Society Ltd. (for short, "the Society"). The Society purchased 5 acres of land and the desirous members had deposited Rs.,4,000/- each in the first installment and Rs.32,000/- in second installment according to the size of the plots. Swaran Singh, respondent No.2 (complainant of this case) was one of the members of the Society and had deposited Rs.4,000/- on 13.1.1982 vide receipt No. 157 and Rs.32,000/- on 5.3.1982 vide receipt No. 527 and his name was also mentioned in the record along with other members of the Society. Present petitioner, Jaspal Singh Randhawa was Secretary of the Society. As per the petitioner, after deposit of the amount, respondent No.2 had not completed the documents and had not received allotment letter