You can execute a settlement agreement with all of the concerned directors who are willing to pay their share and the agreement will record the amounts which each of the director shall be paying/has paid. Once the agreement is executed, an application can be filed before the concerned criminal court by all the directors for bringing on record the settlement agreement executed between them and you and requesting to have themselves released from the criminal complaint filed by you. Normally, such application is filed by the accused persons and not the person who has filed the complaint because it is primarily the accused person's concern to get themselves freed of criminal prosecution. Once the directors file such an application, the court will seek your reply also on the same and if you then give a statement before court that you have received the money, the court may pass an order releasing them from the criminal proceeding which is called "compounding of the offence". While compounding the offence, the court may also require the directors to deposit some amount with the local district legal services authority of your State which is in accordance with guidelines issued by Supreme Court of India.
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