Authority: High Court of Judicature at Bombay, Criminal Appellate Jurisdiction

Order Date: October 16, 2026

Case Overview

  • Petitioners: Punit Vijay Madhwani and Anr.; Respondents: State of Maharashtra and Anr.
  • Complainant: Manager of Mahindra and Mahindra Financial Services Limited (NBFC), represented by Advocate Ms. Nigwekar.
  • FIR C.R. No.456/2017 lodged at Vimannagar Police Station, Pune, alleging offences under IPC sections 420, 406, 465, 467, 468, 471, 478 r/w 34 and RCC No.4214/2018.
  • Consent affidavit filed by the complainant states that the entire monetary amount claimed has been received, prompting a request for quashing of the FIR.
  • Court examined inherent powers under Section 482 of the Criminal Procedure Code, 1973 (and Section 528 of the BNSS) and Supreme Court precedent State of Haryana v. Bhajan Lal regarding consent quashing.
  • Court considered principle of imposing costs in consent‑quashing matters to deter misuse of criminal process and compensate public resources.

Final Outcome

  • Petition is allowed; FIR C.R. No.456/2017 is quashed and all proceedings set aside.
  • Petitioners ordered to pay costs of Rs.25,000 to the High Court Employees Medical Welfare Fund, Bank of India, Mumbai (Main) Branch, Account No. 000120110001337, IFSC BKID0000001, within two weeks of the order’s upload.
  • Compliance to be shown on 2 November 2026; failure to appear may result in recall of the order.
  • Criminal writ petition is disposed.

Topics: Court Proceedings, Cost Imposition