The complainant filed a petition under Section 156(3) of the CrPC, prompting the Judicial Magistrate to direct the police to register an FIR under Sections 420 (Cheating) and 120-B (Criminal Conspiracy) of the IPC. The appellants challenged this order by filing a quashing petition before the Punjab & Haryana High Court, which was dismissed. However, the Supreme Court quashed the Judicial Magistrate's order and all subsequent actions taken under it. The Court clarified that it did not rule on the complainant's allegations and allowed the complainant to pursue appropriate legal remedies under Section 154 CrPC.