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The Supreme Court set aside the High Court's judgment quashing the prosecution against the respondent for offences under Sections 420, 468, 471, and 120B of the Indian Penal Code. The High Court's exercise of powers under Section 482, Cr.P.C to cut short the criminal trial process was deemed improper. The case will proceed to trial expeditiously. The Court clarified that its observations were limited to the exercise of powers by the High Court and not a determination of the case's merits.
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