JUDGMENT : MANOJ KUMAR GARG, J. 1. The instant criminal misc. petition under Section 482 Cr.P.C. has been filed by the petitioner for quashing of FIR No. 352/2016, PS Gharsana, District Sri Ganganagar and all consequential proceedings for the alleged offences under Sections 420, 467, 468, 471, 120B IPC on the basis of compromise. 2. Counsel for the petitioner submits that the matter has already been compromised between the parties and it is borne out from the compromise that the respondent No. 2-complainant is not inclined to proceed further in the matter. Counsel has placed reliance on a decision of Supreme Court in the case of Gian Singh vs. State of Punjab and Another, (2012) 10 SCC 303 . In these circumstances, the impugned FIR and all consequential proceedings initiated by the respondent No. 2-complainant against the petitioner may be quashed. 3. Counsel for the respondent No. 2-complainant concurs the fact of compromise and submits that in view of the compromise, the respondent No. 2-complainant does not want to proceed further in the matter. 4. Heard the learned counsel for the parties and perused the material available on record. 5. In view of compromise arrived at between the parties and applying the ratio in decision of Gian Singh (Supra), I deem it just and proper to invoke inherent powers of this Court under Section 482 Cr.P.C. 6. Accordingly, the present misc. petition is allowed and the impugned FIR No. 352/2016 registered PS Gharsana, District Sri Ganganagar and all consequential proceedings for the alleged offences under Sections 420, 467, 468, 471, 120B IPC against the petitioner are hereby quashed on the basis of compromise arrived between the parties.