ORDER

The petitioner is the second accused in C.C.

No.362/2017 on the file of the Court of the Judicial First Class Magistrate, North Paravur (‘Trial Court’, for short), which has arisen from Crime No. 699/2016 registered by the North Paravur Police Station, Ernakulam, alleging the commission of the offences punishable under Sections 420 , 467 and 120(B) read with Section 34 of the Indian Penal Code .

2. The petitioner has invoked the inherent jurisdiction of this Court under Section 528 of the Bharatiya Nagarik Suraksha Sanhita , 2023, to quash all further proceedings in the above case. It is asserted that the dispute that led to the registration of the crime has been amicably settled between the petitioner and the respondents 3 and 4 as per Annexure IV memorandum of settlement agreement dated 30.11.2023 executed before the adalath conducted by the Additional District Mediation Centre, North Paravur. On the basis of the said agreement, the suit filed by the third respondent bank was settled, and Annexure VI decree was passed.

3. I have heard Sri. C. Hariharan, the learned counsel appearing for the petitioner, Smt. Seetha. S, the learned Public Prosecutor, and Sri. Gilbert George