Penal Code, 1860–Sec. 420–Prayer for quashing the FIR –Allegation up to effect that the petitioner received the loan of Rs. 10,00,000/- by deceitful means with the promise to repay after three years with a fraudulent intention not to repay the same from the very inception–Allegation discloses the commission of cognizable offence–Contention of petitioner that the FIR was lodged after the lapse of limitation for filing the suit for recovery, cannot be accepted as the amount was received with the promise to pay it after three years–Declined to quash the FIR.
