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2021 Supreme(P&H) 422

RAJ MOHAN SINGH
Major Sanjeev Bhatia – Appellant
Versus
Union Territory Of Chandigarh – Respondent


Advocates Appeared:
R.S. Rai, Advocate, Anurag Arora, Advocate, Ashu Mohan Punchhi, Advocate, Anupam Bansal, Advocate, Raghav Gulati, Advocate

JUDGMENT

Raj Mohan Singh, J. - Petitioner seeks grant of regular bail under Section 439 Cr.P.C in case bearing FIR No.99 dated 27.10.2020, registered under Sections 420/468/471/120-B IPC at Police Station North, Chandigarh.

2. The FIR was registered at the instance of complainantMrs. Adarsh Manocha w/o Sh. Jasbir S. Manocha with the allegations that the petitioner and Anup Nargas approached her and her husband. They asked them to invest in the Company namely YAR GUN ENTERPRISES PRIVATE LIMITED (YEPL) which is a logistic company dealing with the storage of frozen meat for the supply to Army Command Stations. The accused also told the complainant that other firm namely MEDIAIDS provides for cold rooms to YEPL. The accused allured the complainant and her husband by projecting that they would receive 12% return on the investment on monthly basis. The complainant was also given promise that she would be made one of the Directors in the said Company. The accused also increased the rate of shares of YEPL from Rs.10 per share to Rs.55 per share as per projection report i.e. Valuation certificate dated 21.02.2017 allegedly issued by Kamini Sehgal, CA. On the basis of aforesaid assurance, a wr

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