IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH Date of decision: 08.07.2025 Gurdiyal Singh ...Petitioner Versus Kotak Mahindra Bank Limited ...Respondent CORAM: HON'BLE MRS. JUSTICE MANISHA BATRA Present: Mr. Manu Sachdeva, Advocate for the petitioner.

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MANISHA BATRA, J. (Oral)

1. The instant petition has been filed under Section 528 of Bharatiya Nagarik Suraksha Sanhita, 2023 (which is pari materia with Section 482 of Cr.P.C.) seeking quashing of Criminal Complaint bearing NACT No. 774 of 2023 titled as ‘Kotak Mahindra Bank vs. Gurdiyal Singh’, filed under Section 138 of Negotiable Instruments Act, 1881 (for short ‘NI Act’) which is pending before the Court of Judicial Magistrate First Class, Chandigarh.

2. Brief facts of the case relevant for the purpose of disposal of present petition are that the aforementioned complaint has been filed by the respondent, which is a bank, on the allegations that the petitioner had obtained a loan from it for purchasing a vehicle. The petitioner had executed an agreement with the respondent accepting its terms and conditions regarding advancement of loan. The petitioner was to repay the loan in installments but he made defaults in payment of