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IN THE HIGH COURT OF PUNJAB & HARYANA

AT CHANDIGARH

208

CRM-M-19989-2026(O&M)

Date of decision: 18.05.2026

Rahul Kumar Jha ...Petitioner

VERSUS

State of Haryana ...Respondent

CORAM : HON'BLE MR. JUSTICE VINOD S. BHARDWAJ

Present :- Mr. Ketan Antil, Advocate for the petitioner.

Mr. Paras Talwar, Sr. DAG, Haryana.

Mr. Sidhartha Barua, Mr. Arora Vishwas Kumar,

Mr. Kumar Arnav Singh Rao and

Mr. Naman, Advocates for the complainant.

*****

VINOD S. BHARDWAJ, J. (Oral)

The instant first petition has been filed under Section 483 of the

Bharatiya Nagarik Suraksha Sanhita, 2023 for grant of regular bail to the

petitioner in case bearing FIR No.305 dated 20.12.2024 registered under

Sections 408, 420, 467, 468, 471 and 120-B of the Indian Penal Code, 1860 at

Police Station Udyog Vihar, District Gurugram.

2. Learned counsel appearing on behalf of the petitioner contends

that the case of the prosecution is that on the strength of forged documents viz.

the purchase orders/invoices, various amounts were transferred to the accounts

of different vendors. A sum of Rs.99,00,000/- approximately was alleged to

have been transferred to the account of the firm of the petitioner herein of

which a sum of Rs.4,00,000/- has already been deposited by the petitioner in

the account of the complainant. It is submitted that the entire case is based upon

the confession/alleged disclosure of the petitioner wherein he has stated that on

receipt of the amount from the complainant-Company, the same was withdrawn

and handed over to the main kingpin Vineet Jha, who used to give commission

SUMIT SINGH GUSAIN

2026.05.18 19:36

I attest to the accuracy and

integrity of this document

2

208 CRM-M-19989-2026(O&M)

to the different vendors for having received the amount in their accounts. He

submits that apart from the aforesaid allegation, the only recovery that had been

effected is certain forged invoices. He further submits that even as per the case

of the prosecution, the said invoices have not been forged by the petitioner and

that he was in possession of the same for and on behalf of the main accused

Vineet Jha. It is contended that the case of the petitioner is at par with the co-

accused Harsh Singh and Chandra Vardhan Jain to whom concession of regular

bail has already been granted vide common order dated 09.03.2026 passed in

CRM-M-340-2026 and CRM-M-5374-2026 respectively. It is further

contended that the petitioner is in custody since 08.09.2025 and the

investigation qua the petitioner already stands concluded. Charge has so far not

been framed and there are total of 26 witnesses cited by the prosecution out of

which none has been examined so far. He further contends that the offences are

triable by the Court of Magistrate and that he has no other criminal antecedents.

4. Learned State Counsel does not dispute that the case of the

petitioner would be at par with co-accused Harsh Singh and Chandra Vardhan

Jain to whom concession of regular bail has already been extended and admits

that the petitioner had not forged the said documents but was in possession of

the forged invoices on behalf of the main accused Vineet Jha. The stage of the

trial, the clean antecedents as well as the claim of parity is not disputed.

5. Learned counsel for the complainant however contends that the

petitioner had formed different companies and had received amounts into his

accounts and that had it not been for the active involvement of the petitioner in

assisting the main accused in siphoning off the funds of the complainant-

Company, the fraud could not have been fructified at the first instance.

SUMIT SINGH GUSAIN

2026.05.18 19:36

I attest to the accuracy and

integrity of this document

3

208 CRM-M-19989-2026(O&M)

6. I have heard learned counsel appearing on behalf of the respective

parties and have gone through the documents appended along with the present

petition.

7. Taking into consideration that the respondent-State does not

dispute that the case of the petitioner would be at par with co-accused Harsh

Singh and Chandra Var