Supreme Court Quashes Criminal Proceedings Despite Serious Allegations of Forgery and Conspiracy After One-Time Settlement Between Bank and Accused: Holds Continuation of Criminal Proceedings Would be an Abuse of Process in Predominantly Civil Disputes

Supreme Court Quashes Criminal Proceedings Despite Serious Allegations of Forgery and Conspiracy After One-Time Settlement Between Bank and Accused: Holds Continuation of Criminal Proceedings Would be an Abuse of Process in Predominantly Civil Disputes

Court's Decision: The Supreme Court set aside the impugned judgment of the High Court and quashed the criminal proceedings against the appellants. The Court observed that while allegations of forgery…