JUDGMENT : -

PRAFULLA C.PANT, J.

1. Leave granted.

2. The question before us in this appeal is whether the Division Bench of High Court has erred in law in setting aside the order of learned Single Judge quashing the First Information Report (for short, ‘FIR’) on the basis of the compromise and settlement between the complainant and the appellant.

3. Brief facts of the case are that the appellant is an International Numismatic Company which has operations in over sixty countries. It is pleaded that it conducts its business with necessary licence. The multi level marketing through direct selling of products is being adopted by the Company in the interest of the consumers by eliminating the middleman and rewarding the consumer by reducing the prices. The appellant-company has over sixteen thousand members/ consumers in and around the city of Chennai alone. A complaint was made in the year 2003 by Respondent No.7 against the appellant-company alleging non-compliance of issuance of numismatic gold coin on receipt of Rs.16,800/-from wife of Respondent No.7 as per the promise made by the appellant-company. Some other customers also had complaints on the basis of which Respondent No.4 regi