https://www.taxtmi.com/caselaws?id=297594 Criminal proceedings for forgery and cheating arising from a bank fraud cannot be quashed merely because the accused settled with the bank and repaid dues. Where the allegations disclose a planned economic offence involving forged documents, multiple credit transactions and public money, the societal impact remains relevant and the matter is not treated as a purely private dispute. The inherent power under Section 482 of the Code of Criminal Procedure must be used sparingly, only to prevent manifest injustice or abuse of process, and not to terminate prosecution for serious financial fraud on the basis of compromise alone. The order quashing the proceedings was therefore unsustainable and was set aside. en-us Fri, 28 Aug 2015 00:00:00 +0530 Wed, 30 Nov 2022 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297594 Criminal proceedings for forgery and cheating arising from a bank fraud cannot be quashed merely because the accused settled with the bank and repaid dues. Where the allegations disclose a planned economic offence involving forged documents, multiple credit transactions and public money, the societal impact remains relevant and the matter is not treated as a purely private dispute. The inherent power under Section 482 of the Code of Criminal Procedure must be used sparingly, only to prevent manifest injustice or abuse of process, and not to terminate prosecution for serious financial fraud on the basis of compromise alone. The order quashing the proceedings was therefore unsustainable and was set aside. Case-Laws Indian Laws Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297594