Sri Sri Rajaiah v. M v State of Karnataka
Case brief
What is this about?
The High Court of Karnataka allowed a criminal petition under Section 482 CrPC to quash an FIR for cheating filed against the accused. The court held that since the accused repaid the entire loan with interest and the account was closed, and no specific allegation of fraudulent intent to induce disbursement existed, continued investigation would be an abuse of process.
What did the court decide?
The criminal petition is allowed. The impugned FIR insofar as it relates to the petitioner-accused No.2 is quashed. The Police is at liberty to proceed against other accused.