(1.) IN this petition under Section 482 Cr.P.C., the petitioner has sought quashing of FIR No. 127/2005 dated 3.9.2005, under Sections 406/420 IPC, registered at Police Station Dakha, District Ludhiana and the proceedings, if any, arising out therefrom.
(2.) THE facts may be briefly noticed.
(3.) IT is alleged that respondent No. 2 failed to make further payment of Rs. 10 lacs by 10.11.2004, he, therefore, approached the petitioner for extension of time to which the petitioner agreed and both the parties made the following endorsement on the agreement to sell itself :-