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2024 Supreme(P&H) 706

AMARJOT BHATTI
Jotindra Steel and Tubes Ltd. – Appellant
Versus
Haryana Steel Mongers – Respondent


Advocates Appeared:
Mr. N.P. Singh, Advocate and Mr. Dinesh Kumar Choudhary, Advocate; For the Petitioner in both cases.
Mr. Charanjit Singh Bakshi, Advocate for the respondent Nos.1 to 3.

JUDGMENT

Mrs. Amarjot Bhatti, J. (Oral)

Petitioner - M/s Jotindra Steel and Tubes Limited through its authorised representative Mr. Gopal Gupta has filed aforesaid petitions under Sections 482 Cr.P.C. for quashing of order dated 21.03.2024 (Annexure P-1) passed by learned Additional District and Sessions Judge-1, Faridabad in CRA-480-2023 dated 16.12.2023 and CRA-479/2023 dated 16.12.2023 both titled as "M/s Haryana Steel-Mongers Private Limited & Others v. M/s Jotindra Steel & Tubes Limited" whereby the learned Court has reviewed its order dated 16.12.2023 by reducing the amount of compensation to be deposited from 20% to 5% as provided under Section 148 of Negotiable Instruments Act, 1881 (in short 'NI Act') and order dated 06.04.2024 (Annexure P-2) whereby the learned Court has denied to release the amount deposited by petitioner during the pendency of appeal in violation to the provisions of Section 148(3) of NI Act in the aforesaid appeals. Both petitions are taken up together for disposal with the consent of parties as matter in controversy in both cases is the same. For the convenience of this Court document exhibited in CRM-M-29319-2024 are taken up for discussions.

2. As pe

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