JUDGMENT :

[Amit Sharma J.]

1. The present application under Section 439 of the Code of Criminal Procedure, 1973 (hereinafter referred to as 'CrPC') seeks grant of regular bail in case FIR No. 584/2022 dated 07.08.2022, under Sections 420/467/468/471/448/120B of the Indian Penal Code, 1860 (hereinafter referred to as 'IPC'), registered at PS Jyoti Nagar.

2. By three separate judgments of the same date, this Court has disposed of three other bail applications filed on behalf of the applicant, being BAIL APPLN. 3174/2022 seeking grant of regular bail in case FIR No. 408/2022, BAIL APPLN. 3175/2022 seeking grant of regular bail in case FIR No. 585/2022 and BAIL APPLN. 3176/2022 seeking grant of regular bail in case FIR No. 557/2022. The said FIRs have been registered under Sections 420/467/468/471/448/120B of the IPC, at PS Jyoti Nagar. The said FIRs are based on a similar set of allegations with respect to the present applicant, except for the fact that they relate to distinct plots of land. It is pertinent to note that that except for FIR No. 408/2022, all the FIRs have been registered at the instance of M/S Capital Land Builders Pvt. Ltd. FIR No. 408/2022 has been registered at the instance of M/S Runwell (India) Pvt. Ltd., a sister concern of M/S Capital Land Builders Pvt. Ltd.

3. The present FIR has been registered at the instance of M/s Capital Land Builders Pvt. Ltd. (hereinafter referred to as “complainant company”), through its authorized representative, Shri Manoj Bansal. Briefly stated, the facts leading up to the registration of the present FIR are as under:

(i) The complainant company is stated to have been incorporated in the year 1959 with a total share capital of 15 shares, by Smt. Satya Chowdhary with 10 shares and Sh. Kishor Lal Sachdeva with 5 shares. In the year 1960, Smt. Satya Chowdhary transferred 5 of her shares to Sh. Kishor Lal Sachdeva and 40 new shares were allotted to him as well. In the year 1962, 500 shares issued by the complainant company were allotted to one Late Sh. Chowdhary Brahma Prakash, who in 1963, transferred the said shares to the Shaheed Memorial Society (hereinafter referred to as the ‘Society’), of which he was the President. In 1967, 45 shares were transferred to M/s Runwell (India) Pvt. Ltd. by Sh. Kishor Lal Sachdeva. It is the case of the complainant company that between 1968 to 1989, the Society sold all of its shares to various persons and thus, ceased to be a shareholder.

(ii) It is the case of the complainant company that on 10.03.2006, acting through its President, Sh. Ajay Chowdhary, the Society convened an extra-ordinary general meeting of the complainant company and fraudulently removed Sh. Om Prakash Sachdeva, Sh. Ankur Sachdeva and Smt. Promila Kishore as Directors and appointed Sh. Ajay Yadav (applicant herein), Sh. Arjun Chowdhary, Sh. Surender Pal and Sh. Abdul Haq Farhan as Directors.

(iii) Aggrieved by the aforesaid action, the complainant company filed a civil suit before this court, bearing number C.S.(OS) 1906/2006, titled M/s Capital Land Builders Pvt. Ltd. and Ors. v. Shaheed Memorial Trust and Ors. During the course of proceedings in the said civil suit, on an application filed by the plaintiffs therein under Order 39, Rules 1 and 2 of the Code of Civil Procedure, 1908 (hereinafter referred to as ‘CPC’), this Court, vide order dated 06.10.2006, granted an ex-parte ad interim injunction and restrained the defendants therein, which also included the present applicant, from representing themselves as shareholders/representatives of the plaintiff therein, i.e., the complainant company. The said injunction was vacated by an order of this Court dated 06.08.2009. Thereafter, in an appeal filed against the order dated 06.08.2009, in FAO(OS) 337/2009, a Division Bench of this court, vide order dated 06.11.2009, set aside the order dated 06.08.2009, thereby restraining the applicant and others from holding themselves out as shareholders and Directors of the complainant