IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

224 CRM-M-10816-2025 (O&M)

Date of decision: 08.07.2025 Shivali ....Petitioner Versus State of Haryana ....Respondent CORAM: HON'BLE MR. JUSTICE HARPREET SINGH BRAR Present: Mr. Deepanshu Mehta, Advocate for the petitioner.

Mr. Vikas Bhardwaj, AAG, Haryana.

Mr. M.K. Garg, Advocate and Ms. Bhavna Thakur, Advocate for the complainant.

HARPREET SINGH BRAR J. (Oral)

1. Prayer in this petition filed under Section 439 of Cr.P.C./483 of the BNSS, 2023, is for grant of regular bail to the petitioner in FIR No.204 dated 08.06.2024 registered under Sections 406, 420 IPC and Section 3 of the Haryana Protection of Interest of Depositors in Financial Establishment Act, 2013 at Police Station Civil Lines, Jind, District Jind.

2. As per the prosecution case, the FIR (supra) was registered on the basis of a complaint made by Upender Sharma, a resident of Jind, alleging that Swati Sahni and her husband Vivek Chauhan, along with others, cheated him and his acquaintances for a sum of approximately ₹

17.54 crore by persuading them to invest in fictitious travel and salon MOHD YAKUB 2025.07.08 17:39 I attest to the accuracy and authenticity of this document Punjab & Haryana High Court at Chandigarh businesses, operating in Dubai. He alleged that following the tragic death of his brother in the year 2018, during a period of emotional vulnerability, Swati gained the trust of his family, particularly his brother's widow, and convinced them that her ventures were highly profitable and risk-free. Trusting her, Upender Sharma transferred huge amount of money to her bank accounts on different occasions, and she also collected significant amounts in cash from him and his associates. However, despite repeated demands, no returns were given, and when pressed, Swati and her husband allegedly issued life threats, claiming connections with powerful gangs and eventually, the couple fled abroad. 3. Learned counsel for the petitioner, inter alia, contends that the petitioner has been falsely implicated in the FIR (supra). As per the case set up by the prosecution, the main allegations are against co- accused Vivek Chauhan and Swati Sahni, who have induced the complainant for making investments in Dubai by promising sufficient returns and both of them took full responsibility of the investments made by the complainant and on their inducement, the complainant has made the investments. Learned counsel for the petitioner further submits that the petitioner has never met the complainant in her lifetime and she neither visited Jind. The petitioner has been made an accused only on the ground that around Rs.80.00 lacs have been deposited in her bank account and also in the account of one company, in which she is one of the Director. Further, the petitioner has sufficient and plausible explanation with regard to the amount received in her bank account. The bank account of the petitioner duly proves her bona fide in business transactions, involving tour and travel business run by the petitioner. Further, the husband of the petitioner is suffering from chronic liver disease and he has been recommended liver transplant, as such, learned counsel for the petitioner prays for a lenient view by taking into account his serious condition as he requires urgent care and support of the petitioner. He further contends that the FIR (supra) cannot be registered under Sections 406 and 420 IPC as the same is antithetical to each other and he relied upon the judgment of Hon’ble Supreme Court in Delhi Race Club Limited vs State of Uttar Pradesh, (2024) 10 SCC 690

4. Learned counsel for the petitioner further submits that there are total 28 prosecution witnesses cited in the list of witnesses, out of which, no PW has been examined till date and the trial is likely to take long time in conclusion.

5. Per contra, learned State counsel has filed custody certificate today in the Court which is taken on record. Learned State counsel assisted by learned