JUDGMENT :

Hon'ble Mayank Kumar Jain, J.

1. Heard Mr. Manish Tiwari, learned Senior Counsel for the applicant, Ms. Swati Agrawal Srivastava, learned Counsel for the opposite party no. 2, learned Additional Government Advocate for the State.

2. Perused the record.

3. Present application under Section 482 Cr.P.C. has been filed for quashing the charge-sheet dated 23.09.2019 along with cognizance order dated 20.11.2019 as well as the entire proceedings of Case No. 2197 of 2019 in Case Crime No. 87 of 2019, under Sections 406, 323, 506 I.P.C. P.S. Knowledge Park, District Gautam Budha Nagar, pending in the court of learned Civil Judge, F.T.C., Gautam Budha Nagar. It is also prayed to stay the further proceeding of aforesaid case during pendency of the present application.

4. The case of the prosecution as set out in the first information report is as under :-

(i) The informant Venugopal Subramanium Kartik lodged an F.I.R. against the applicant with the allegation that on the basis of an oral agreement in the year 2013, between the first informant and the applicant, it was agreed that the first informant would lend Rs. 55,00,000/-to the applicant. The applicant would pay Rs. 6,00,000/-as inte