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    <title>2014 (4) TMI 1291 - Supreme Court</title>
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    <description>Criminal proceedings alleging conspiracy, cheating, forgery and offences under the Prevention of Corruption Act are not ordinarily liable to be quashed merely because the parties have privately settled the civil liability and the bank dues have been paid. The inherent power to quash on compromise is discretionary and distinct from compounding; it is usually inappropriate where the allegations disclose serious offences, offences under special statutes, or a public law dimension. The text distinguishes civil disputes resolved through compromise from prosecutions involving non-compoundable offences such as Section 471 IPC and corruption-related charges, and states that a private settlement without exoneration by the bank does not justify interference with the criminal prosecution.</description>
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      <title>2014 (4) TMI 1291 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=305364</link>
      <description>Criminal proceedings alleging conspiracy, cheating, forgery and offences under the Prevention of Corruption Act are not ordinarily liable to be quashed merely because the parties have privately settled the civil liability and the bank dues have been paid. The inherent power to quash on compromise is discretionary and distinct from compounding; it is usually inappropriate where the allegations disclose serious offences, offences under special statutes, or a public law dimension. The text distinguishes civil disputes resolved through compromise from prosecutions involving non-compoundable offences such as Section 471 IPC and corruption-related charges, and states that a private settlement without exoneration by the bank does not justify interference with the criminal prosecution.</description>
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