NAMIT ARORA & ANR. vs SERIOUS FRAUD INVESTIGATION OFFICE

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 10th September, 2025 Pronounced on: 27th November, 2025 + CRL.M.C. 1510/2023 & CRL.M.A. 5742/2023 MR. NAMIT ARORA & ANR. .....Petitioners Through: Mr. Mahesh Jethmalani, Senior Advocate with Mr. Jagat Rana, Mr. Subhash Jadhav, Ms. Gunjan Mangia, Mr. Chandan Singh Shekhawat, Mr. Pranav Sarthi, Ms. Apoorva Singh, Mr. Ayush Raj, Ms. Prachi Dhingra, Advocates. versus SERIOUS FRAUD INVESTIGATION OFFICE .....Respondent Through: Ms. Shivalakshmi, CGSC with Mr. Madhav Bajaj, Mr. Divyanshu Bhardwaj, Advocates. CORAM: HON'BLE MR. JUSTICE AMIT SHARMA JUDGMENT AMIT SHARMA, J. 1. The present petition under Section 482 of the Code of Criminal Procedure, 19731, seeks the following prayers: “Considering the afore-mentioned facts and circumstances, this Hon’ble Court may be pleased to exercise its jurisdiction under Section 482 of the Code of Criminal Procedure and pass following orders: 1 For short, ‘CrPC’ Signature Not Verified Digitally Signed By:SHIWANI NEGI CRL.M.C. 1510/2023 Page 1 of 47 Signing Date:28.11.2025 18:51:00 a. Allowing the present petition seeking and pass order(s) thereby quashing/setting aside the Impugned Order dated 22.09.2022 passed by the Learned. Addl. Sessions Judge – 03/Special Judge (Companies Act), Dwarka Court, New Delhi in CC No. 300/2019 ("Complaint") for the offence’s punishable u/s Sections 68, 221 r/w 209, 628, 542 of the Companies Act, 1956 and under Section 449 of the Companies Act, 2013 and Summons dated 13.10.2022 received on 12.12.2022 and 11.12.2022 respectively qua the Petitioners. b. Grant such other or further relief(s) as this Hon’ble Court may deem fit and proper in the facts of the case.” 2. The present petition is preferred by Mr. Namit Arora, i.e., petitioner no. 1 and Mr. Rahul R