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Earlier, on August 25, the High Court had directed the immediate and unconditional release of Amit Gupta of Orris Infrastructure, who was in custody at the relevant time.
The Court said this aspect could be considered while dealing with requests for quashing proceedings based on settlements between parties. Justice Milind N Jadhav, in an order passed recently, quashed the FIR registered at Vikhroli Police Station, Mumbai, along with the consequential proceedings arising from it. The High Court also directed that the Look Out Circulars issued against the petitioners be quashed following the quashing of the FIR and criminal proceedings. The High Court order records that the parties had informed the Court that their disputes had been reconciled and that the settlement agreement between them had been finalised. The original complainant had also expressed no objection to the quashing of the FIR and the consequential proceedings. It noted that once criminal proceedings are initiated, the police machinery and courts devote time and resources to the matter.
MUMBAI: Orris Infrastructure Private Limited and Godrej Properties Limited have reached a settlement in relation to their dispute concerning the jointly developed Godrej Air project in Gurugram, according to information made public following a recent order of the Bombay High Court. The Bombay High Court had quashed an FIR registered against Orris Infrastructure and another petitioner after recording that the parties had resolved their disputes and entered into a settlement agreement.
The Court observed that criminal law should not be used as a bargaining tool for private settlements, particularly after public resources and judicial time have been spent on the investigation and court proceedings.