IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF JANUARY 2019 BEFORE THE HON’BLE MR.JUSTICE JOHN MICHAEL CUNHA CRIMINAL PETITION NO.3260/2013 BETWEEN 1. SRI JYOTHIPRASAD S/O B KRISHNAIAH CHETTY AGED ABOUT 58 YEARS MANAGING PARTNER OF M/S JYOTHI PRASAD AND SONS 2. SRI KISHOR KUMAR S/O JYOTHI PRASAD AGED ABOUT 34 YEARS PARTNER OF M/S JYOTHI PRASAD AND SONS 3. SRI KIRAN KUMAR S/O JYOTHI PRASAD AGED ABOUT 30 YEARS PARTNER OF M/S JYOTHI PRASAD AND SONS ALL ARE RESIDING AT NO.8, 1ST FLOOR, 2ND MAIN, 2ND PHASE J P NAGAR, BANGALORE CITY-560078 (BY SRI R. NATARAJ, ADV.) AND 1. STATE OF KARNATAKA BY JAYANAGARA POLICE STATION ... PETITIONERS REPRESENTED BY PUBLIC PROSECUTOR BANGALORE-560001 2. SRI V RAGHAVENDRA MAJOR MANAGING PARTNER PIONEER DEVELOPERS NO.85, FLAT NO. 2 & 2A GROUND FLOOR VAIBHAV APARTMENT GANDHI BAZAR ROAD BASAVANAGUDI BANGALORE-560004 ... RESPONDENTS (BY SRI I.S.PRAMOD CHANDRA, SPP-II FOR R1 SRI S.S.SRINIVASA RAO, ADV. FOR R2) THIS CRL.P IS FILED U/S.482 CR.P.C PRAYING TO QUASH THE CRIMINAL PROCEEDINGS INITIATED BY THE RESPONDENT NO.1 IN CR. NO.88/2013 REGISTERED BY JAYANAGAR P.S., PENDING BEFORE THE II A.C.M.M., BANGALORE FOR THE OFFENCE P/U/S 3 AND 4 OF KARANATAKA PROHIBITION OF CHARGING EXORBITANT INTEREST ACT, 2004 R/W SEC.506,34,420 OF IPC.
THIS CRIMINAL PETITION COMING ON FOR ADMISSION THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER When this matter is taken up for hearing, learned SPP-II submitted that after investigation, charge sheet is filed against the petitioners herein and the same is registered in C.C.No.3083/2016. The parties filed a compromise petition under Section 320(1) of Cr.P.C. before the trial Court and based on the same, petitioners herein were discharged on 23.10.2016.
2. The submission made by SPP-II is placed on record.
3. In view of the same, the petition is dismissed as it does not survive for consideration.
Sd/- JUDGE nvj