NOUAM FINANCIAL CONSULTANTS PVT. LTD & ANR. vs STATE OF DELHI & ANR.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment delivered on: 16.09.2025 + CRL.M.C. 1602/2022 & CRL.M.A. 6869/2022 NOUAM FINANCIAL CONSULTANTS PVT. LTD. & ANR .....Petitioner Through: Mr. Vikas Gupta, Mr. Ieshaan Gupta, Mr. Ayush Bhargav, Mr. Sohil Sharma and Ms. Aditi Saxena, Advocates versus THE STATE (GOVT. OF NCT DELHI) & ANR. .....Respondents Through: Mr. Manoj Pant, APP for the State with Mr. Chandrakant, Advocates Mr. Shailendra Bhatnagar, Ms. Swati Jain, Ms. Shivani Pal, Mr. Shreeyanshu Bhatnagar, Mr. Rudra Pratap Singh and Mr. Animesh, Advs. for R-2. CORAM: HON’BLE DR. JUSTICE SWARANA KANTA SHARMA JUDGMENT DR. SWARANA KANTA SHARMA, J 1. By way of this petition filed under Section 482 of the Code of Criminal Procedure, 1973 [hereafter „Cr.P.C.‟] read with Article 227 of the Constitution of India, the petitioners seek quashing of CRL.M.C. 1602/2022 Page 1 of 10 Signature Not Verified Digitally Signed By:ZEENAT PRAVEEN Signing Date:16.09.2025 19:37:44 summoning orders dated 21.05.2018 and 21.07.2018 passed by learned MM-6, Rohini Courts, North District, Delhi [hereafter „Trial Court‟], in Criminal Complaint No. 3490/2017, filed under Section 138 of the Negotiable Instruments Act, 1881 [hereafter „NI Act‟] titled „Progressive Finlease Ltd. vs. Karan Judge & Ors.’ and consequent proceedings initiated thereupon. 2. Brief facts of the case, as borne out from the complaint filed under Section 138 of the NI Act, are that the respondent no. 2, i.e., Progressive Finlease Limited (the complainant) is a company engaged in providing loan services to its customers, whereas, petitioner no. 2 is the director of petitioner no. 1 which is in the business of lending loan money to its prospective borrowers. It is alleged that the petitioners and the respondent no. 2 had ent