This petition is filed under Section 482 of the Cr.P.C.

2.

The petitioners herein are the accused Nos.1 and 2 in C.C.

No.120 of 2017 on the file of the Chief Judicial Magistrate Court,

Palakkad. In the aforesaid case, they are being proceeded against for

having committed offences punishable under Sections 3, 13 and 17 of

the Kerala Money Lenders Act, 1958 and under Section 3 of the Kerala

Prohibition of Charging Exorbitant Interest Act, 2012.

3.

The prosecution allegation is that the petitioners herein

carried out money lending operations in the year 2012 without a

proper licence violating the provisions of the Kerala Money Lenders Act

and charged exorbitant interest upon the de facto complainant for the

money advanced to him.

4.

Heard the learned counsel appearing for the petitioners, the

party respondent and the learned Public Prosecutor.

5.

The learned counsel appearing for the petitioners submitted

that the victim and the offenders have arrived at a compromise and

narrating the said fact, the victim has filed an affidavit before this

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Court. According to the learned counsel, the termination of

proceedings would resolve a festering private dispute between the

part