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2017 Supreme(SC) 192

PINAKI CHANDRA GHOSE, AMITAVA ROY
Central Bureau of Investigation – Appellant
Versus
Sadhu Ram Singla – Respondent


Advocates Appeared:
For the Appellant(s) : Arvind Kumar Sharma, Adv.
For the Respondent(s): Rohit Vats, Ms. Monika Sharma, Daya Krishan Sharma, Advs.

JUDGMENT

Pinaki Chandra Ghose, J.

Leave granted.

2. This appeal, by special leave, has been filed assailing the judgment and order dated 2nd June, 2011 passed by the High Court of Punjab and Haryana at Chandigarh in Criminal Miscellaneous No.M-2829 of 2011, whereby the High Court while relying upon another judgment of the same High Court and on the basis of settlement of dispute, quashed the criminal proceedings against the respondents, being FIR No.SIA-2001-E-0006 dated 28.12.2001 under Sections 420 and 471 of Indian Penal Code [in short `IPC'], registered at Police Station, SIU(X)/SPE/CBI, New Delhi and the criminal proceedings pending in the Court of learned Special Judicial Magistrate, CBI, Punjab, Patiala.

3. Brief facts of the case are as follows: M/s. Rom Industries Ltd., Mansa Road, Bhatinda (Punjab), which is respondent No.3 herein, (hereinafter referred to as the "respondent-company") was dealing with State Bank of Patiala, Bhatinda (City) Branch (for short "the Bank") since 1976 and was availing the credit limits from a consortium of banks with the Bank as leader and enjoyed total fund based credit limits from the banking system to an extent of Rs. 31,500.00 lacs in March,
























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