Rahul Dasgupta vs The State Of Telangana on 16 May, 2025

Supreme Court – Daily Orders

Rahul Dasgupta vs The State Of Telangana on 16 May, 2025

Author: Surya Kant

Bench: Surya Kant

                                        IN THE SUPREME COURT OF INDIA
                                       CRIMINAL APPELLATE JURISDICTION



                                    CRIMINAL APPEAL NO.      OF 2025
                                (Arising out of SLP(CRL.) No.12651/2022)



                      RAHUL DASGUPTA & ORS.                                       APPELLANTS




                                                          VERSUS




                      THE STATE OF TELANGANA & ORS.                               RESPONDENTS


                                                      O R D E R

1. Leave granted.

2. The appellants are accused nos.3 to 5 in FIR

No.272/2016 dated 22.12.2016 registered at Central Crime

Police Station, Hyderabad under Sections 406, 420, 465,

466, 471, and 34 of the Indian Penal Code, 1860. The

aforesaid FIR has now been converted to C.C. No.165/2018,

which is pending before XII Chief Metropolitan

Magistrate, Nampally, Hyderabad.

3. The matter was investigated and a charge-sheet was
Signature Not Verified

Digitally signed by
ARJUN BISHT
Date: 2025.05.19
filed. The aggrieved appellants approached the High Court
17:00:04 IST
Reason:

through a petition under Section 482 of the Code of

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Criminal Procedure, 1973 seeking quashing of all the

proceedings in C.C. No.165/2018, referred to above. Vide

the impugned order dated 06.06.2022, the High Court

declined to quash the criminal proceedings, giving rise

to this appeal.

4. This Court, while issuing notice on 14.12.2022,

stayed further proceedings in the above-mentioned

complaint case.

5. Respondent nos.2 and 3 are the complainants in the

above-mentioned FIR. They have now moved Criminal M.P.

No.125726/2025, inter alia, pointing out that they have

entered into a settlement agreement dated 13.05.2025 with

M/s. Clininvent Research Private Limited (representing

the appellants’ interest). In other words, the appellants

and respondent nos.2 and 3 have mutually settled all

their disputes by entering into the above-mentioned

settlement, a copy whereof has also been appended with

the application. In terms of the settlement, respondent

nos.2 and 3 have acknowledged that:

(i) all disputes (including the one subject-matter of

this appeal) arising out of the internal disputes among

the shareholders of Teckbond Laboratories Private Limited

have been amicably resolved; and

(ii) respondent nos.2 and 3 confirm that there was no

criminality involved in the asset transfer agreement and

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no criminal act is liable to be attributed to the

appellants.

6. The respondents have further agreed to withdraw

C.C. No.165/2018, which is pending before the Trial

Magistrate, at their instance.

7. The appellants’ Company – M/s. Clininvent Research

Private Limited has agreed to pay final settlement

consideration of Rs.2.90 crores to the complainants –

respondent nos.2 and 3 through a safe keeper.

8. In light of the above-mentioned subsequent events,

namely, the amicable settlement, the parties have jointly

prayed for quashing of C.C. No.165/2018 and all the

proceedings arising therefrom pending before the XII

Additional Chief Metropolitan Magistrate, Nampally,

Hyderabad.

9. For the reasons afore-stated, we allow this appeal.

The impugned order of the High Court dated 06.06.2022 is

set aside and consequently, in light of the Settlement

Agreement dated 13.05.2025: (i) C.C. No.165/2018 and all

the proceedings arising therefrom pending before the XII

Additional Chief Metropolitan Magistrate, Nampally,

Hyderabad are hereby quashed; (ii) The direction issued

hereinabove is, however, subject to the condition that

the parties shall abide by and comply with their

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respective obligations under the Settlement Agreement

dated 13.05.2025. Ordered accordingly.

… ……………….J.
(SURYA KANT)

……………………J.
(NONGMEIKAPAM KOTISWAR SINGH)

New Delhi
May 16, 2025

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ITEM NO.21 COURT NO.2 SECTION II

S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS

Petition(s) for Special Leave to Appeal (Crl.) No(s).12651/2022

[Arising out of impugned final judgment and order dated 06-06-2022
in CRLP No. 5879/2018 passed by the High Court for The State of
Telangana at Hyderabad]

RAHUL DASGUPTA & ORS. Petitioner(s)

VERSUS

THE STATE OF TELANGANA & ORS. Respondent(s)

Date : 16-05-2025 This petition was called on for hearing today.

CORAM : HON’BLE MR. JUSTICE SURYA KANT
HON’BLE MR. JUSTICE NONGMEIKAPAM KOTISWAR SINGH

For Petitioner(s) :Mr. Vikas Singh, Sr. Adv.

Mr. Pijush K. Roy, Sr. Adv.

Ms. Kakali Roy, Adv.

Dr. Linto K.b., Adv.

Mr. Rajan K. Chourasia, AOR
Ms. Satyama Dubey, Adv.

Ms. Shailja Singh, Adv.

Mr. Mahipal Khanagwal, Adv.

Ms. Deepeika Kalia, Adv.

For Respondent(s) :Ms. Devina Sehgal, AOR
Mr. Yatharth Kansal, Adv.

Mr. Krishna Dev Jagarlamudi, AOR
Mr. Arpit Kumar Mishra, Adv.

Mr. Vishnu Kanth Mundada, Adv.

Ms. Jagriti Pandey, Adv.

UPON hearing the counsel the Court made the following
O R D E R

1. Leave granted.

2. The appeal is allowed in terms of the signed order.

3. All pending applications, if any, also stand disposed of.

(ARJUN BISHT)                                   (PREETHI T.C.)
ASTT. REGISTRAR-cum-PS                        ASSISTANT REGISTRAR

(signed order is placed on the file)

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