Penal Code, 1860–Secs. 420 & 406–FIR for the offence–Quashment–
Payment was to be made in phased manner–Petitioners made the part payment–This fact reflects that they had all intention to make the necessary payments–Even after issuance of cheques which were dishonoured, the payments were made–Elements of cheating are not existed–FIR is liable to be quashed.
