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2019 Supreme(P&H) 940

RAJBIR SEHRAWAT
Ajay Gupta – Appellant
Versus
State Of U. T. Chandigarh – Respondent


Advocates Appeared:
Manoj Khanna, Adv., Sukant Gupta, Adv., Nitin Jain, Adv.

JUDGMENT :

Rajbir Sehrawat, J.

Present petition has been filed challenging the order dated 22.08.2016 passed by the trial court whereby the charge has been framed against the petitioners under Sections 420, 468, 471 and 120B IPC in case FIR No.09 dated 11.01.2014 registered at Police Station Sector 26, Chandigarh, as well as, the order dated 12.04.2017 passed by Additional Sessions Judge, U.T. Chandigarh, whereby the revision petition filed by the petitioners against the order of the trial court has been dismissed.

2. Brief facts giving rise to the present petition are that the complainant herein is a company with the name and style M/s. Gables India Private Limited, operating at Chandigarh and the petitioners are the Directors of another company with the name and style as Harish Chandra (India) Limited operating at Delhi. In the year 2001 the complainant company had a joint venture with the petitioners. The company of the petitioners had availed certain loans from Corporation Bank for its operations. Since the complainant-company was in joint venture with petitioners, therefore, the complainant-company had stood guarantor for credit facilities extended by the Bank to the company of t

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