Bombay High Court Quashes FIR in Economic Offence Case Due to Compromise, Imposes Costs for Misuse of Process. Court holds that while offences under Sections 420, 406, 409, 120B IPC read with Section 3 of Maharashtra Protection of Interest of Depositors Act, 1999 are compoundable with permission, the court must examine genuineness of compromise and may impose costs to deter abuse of process.
6 Apr 2022The applicants filed a criminal application under Section 482 of the Code of Criminal Procedure, 1973 before the Bombay High Court (Nagpur Bench) seek...




