ORDER : 1. The instant criminal misc. petition under Section 482 Cr.P.c. has been filed by the petitioners for quashing of criminal proceedings in Criminal Regular Case No. 610/2021 pending before learned Additional Chief Judicial Magistrate, Sujangarh for offence under Sections 408, 420 IPC on the basis of compromise. 2. Counsel for the petitioners submits that the matter has already been compromised between the parties and it is borne out from the compromise that respondent No. 2 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 v. State of Punjab & Anr. [ (2012) 10 SCC 303 ]. In these circumstances, the criminal proceedings initiated by the respondent No. 2 against the petitioners may be quashed. 3. Counsel for the respondent No. 2 concurs the fact of compromise and submits that in view of the compromise, the respondent No. 2 does not want to proceed further in the matter. 4. Heard the learned counsel for the parties and perused the impugned order. 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 criminal proceedings in Criminal Regular Case No. 610/2021 pending before learned Additional Chief Judicial Magistrate, Sujangarh for offence under Sections 408, 420 IPC are hereby quashed qua the petitioners on the basis of compromise arrived at between the parties. 7. Stay petition also disposed of accordingly.