ORDER

The present petition has been preferred by the petitioner under Section 482 of the Code of Criminal Procedure/Section 528 of the Bharatiya Nagarik Suraksha Sanhita invoking the inherent jurisdiction of this Court seeking quashment of FIR bearing Crime No. 536/2024 registered at Police Station Lordganj, District Jabalpur for offences punishable under Sections 420, 409, 294 and 506(2) of the Indian Penal Code together with the consequential charge-sheet and all subsequent proceedings arising therefrom.

The facts giving rise to the present petition, briefly stated, are that the petitioner is engaged in the business of real estate development and colonization activities within District Jabalpur. The material available on record reflects that the petitioner entered into a Memorandum of Agreement dated 17.12.2019 with M/s Anant Investment represented through its authorized persons in relation to development of a residential colony known as “Anant Parishar” situated over certain parcels of land at Mauja Madhotal, Jabalpur. The said agreement was executed in terms of the provisions governing development agreements and forms part of the record before this Court.

Subsequently, on 21.01.2020, another agreement came to be executed between the petitioner and respondent No.2/complainant in relation to developmental activities pertaining to another property project. According to the petitioner, respondent No.2 was entrusted with certain responsibilities relating to development and supervision of the project, however disputes gradually arose between the parties concerning performance of contractual obligations and settlement of accounts. The material further reveals that another Agreement-cum-Consent Deed dated 27.12.2021 was also executed between the petitioner and the complainant with regard to property belonging to M/s Anant Investment.

The petitioner has asserted that differences arose between the parties regarding execution of obligations under the agreements, investment of amounts, transfer of plots and financial settlements connected with the development projects. It is the case of the petitioner that prior to registration of the impugned FIR, complaints had already been submitted by the petitioner before the police authorities alleging fraudulent conduct and breach of trust on the part of the complainant.

The FIR in question came to be registered on 25.10.2024 at Police Station Lordganj, District Jabalpur for offences punishable under Sections 420, 409, 294 and 506(2) IPC. The allegations contained in the FIR are broadly to the effect that the complainant had invested certain amounts with the petitioner in relation to development projects and that the petitioner dishonestly transferred seven plots in his own name thereby causing wrongful loss to the complainant. The FIR further alleges that amounts paid by the complainant were misappropriated by the petitioner.

The contents of the FIR is hereby reproduced as under:

“यह क म सयम होस म ोजेट िलिमटेड कंपनी का डायरेटर हूँ, सयम होस का काय भूिम के मािलक के लाट का डेवलोपमेट कर वय और मकान िनमाण का है। मेरेारा अनंत परसर, खसरा नंबर 134/2 का रकवा .429 हेटेयर एवं खसरा नंबर 127 का भाग 127/2 व 127/3 रकवा 2330 वगफ ट इस कार कुल भूिम 48487 वगफ ट भूिम का अनुबंध ी शैलेश जैन एवंकाश अवाल सेदनांक 02-12-2019 को लाट का डेवलपमट कर वय करनेहेतु970 पए ित वगफ ट क दर से कया गया था। परतुउ भूिम िसफ डाइवटड होनेतथा ट एंड सी पी न होनेके कारण नसेपास नहं हो पाए जस वजह सेभूिम का वय उस समय नहं हुआ। फर मुझे साइट को ट एंड सी पी करना था तो मने िमता वश पंकज सराफ को अपना कोलोनाइजर लाइसस लगाकर अपनेसाथ पाटनर के प म50-50% का भागीदार बनाकर कायकरना शु कया। भगीदार क समत शतएवं लेन देन गोलबाजार म वशाल िसंह सोलंक के आफस म संदप ठाकुर वकासकता और पंकज सराफ कोलोनाइज़र के प मएक एीमट अनंत इवेटमट जसमेशैलेश जैन और काश अवाल सेकया गया था। इस अनुबंध के बाद पंकज सराफ और मेरेबीच मआपसी भागीदार अनुबंध हुआ और जस दन यह अननंध हम दोन नेकया उस दन तक मेरे 52 लाख और पंकज सराफ के 52 लाख सामुहक प सेलगायेजा चुके थेजसका उलेख एीमट मकया गया है। 1065 वगफट के हस