Parsvnath Developers Limited v. State (NCT Of Delhi) & ANR.

$~95 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CRL.M.C. 4901/2025 PARSVNATH DEVELOPERS LIMITED .....Petitioner Through:

Mr. Yash Varma, Advocate versus STATE (NCT OF DELHI) & ANR.

.....Respondent Through:

Mr. Manoj Pant, APP for State with SI Vikas Singh Mr. Prateek Som and Ms. Aarzu Khattar, Advocates for R-2 (through VC).

CORAM:

HON'BLE DR. JUSTICE SWARANA KANTA SHARMA

O R D E R

% 24.07.2025 CRL.M.A. 21226/2025 (exemption) 1.

Allowed, subject to all just exceptions.

2.

Application stands disposed of.

CRL.M.C. 4901/2025 3.

By way of present petition, the petitioner is seeking quashing of FIR No. 381/2025, registered at Police Station, Prashant Vihar, Delhi, for the commission of offences punishable under Sections 406/420/34 of Indian Penal Code, 1860 (hereafter 'IPC') and all consequential proceedings arising therefrom.

4.

Issue notice. Mr. Manoj Pant, learned APP accepts notice on behalf of the State.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

5.

The parties are present through video-conferencing and have been identified by their counsels and Investigating Officer (IO) concerned. 6.

Brief facts of the case are that dispute originates from a commercial transaction where respondent no. 2 had booked a shop from the petitioner. Following a payment default by the respondent no. 2, the allotment was cancelled. The respondent no. 2 had then filed a criminal complaint. While the learned Magistrate had initially dismissed the complaint, viewing it as a civil dispute, the learned Appellate Court had set aside that order and directed the registration of the present FIR. Subsequent to the said order, the petitioner and respondent no. 2 have amicably settled all their disputes. Pursuant to a Memorandum of Understanding (MoU) dated 06.06.2025, the petitioner has agreed to pay an amount of Rs. 65,00,000/- (Rupees Sixty Five lakhs only) to respondent no. 2 towards full and final settlement. Out of the same, a sum of Rs. 50,00,000/- stands paid and balance Rs. 15,00,000/- shall be paid at the time of disposal of the present petition. 7.

Thus, it is stated by both the parties that they have resolved and settled their all disputes with each other vide Memorandum of Understanding (MoU) dated 06.06.2025. He also states that he has received the entire payment.

8.

The complainant/respondent no. 2 who is present through videoconferencing specifically states that it is not a multi-victim case and he has no objection, if the FIR is quashed.

9.

In view of the above facts, that the parties have amicably resolved their differences out of their own free will and without any coercion and also the fact that the present matter is a family matter, this Court is of the opinion that no useful purpose will be served by continuing the proceedings, rather The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.

the same would create further acrimony between them. Hence, it would be in the interest of justice to quash the abovementioned FIR and the proceedings pursuant thereto. Moreover, there is no legal impediment in quashing the FIR in question.

10.

Accordingly, FIR No. 381/2025, registered at Police Station, Prashant Vihar, Delhi, for the commission of offences punishable under Sections 406/420/34 of IPC and all consequential proceedings emanating therefrom are quashed subject to petitioner depositing a sum of Rs. 25,000/- in Advocates' Welfare Fund of Delhi High Court within a period of 07 days. The compliance report of the same be filed with the Registry of this Court. 11.

In view of above, the present petition stands disposed of. 12.

The order be uploaded on the website forthwith. DR. SWARANA KANTA SHARMA, J JULY 24, 2025/vc The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above.