C.B.I vs Sadhu Ram Singla & Ors

The Supreme Court held that the High Court's quashing of FIR No.SIA-2001-E-0006 under Sections 420 and 471 IPC was justified based on a settlement between the parties. The Court emphasized that while Section 471 IPC is non-compoundable, the High Court can exercise its inherent powers under Section 482 Cr.P.C. to quash proceedings when a compromise is reached. The Court upheld the High Court's decision, affirming that the settlement extinguished the criminal liability arising from the alleged fraudulent activities.