PRASHANT JAIN vs THE STATE OF NCT OF DELHI

Judgment text excerpt

$~101 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 16.02.2026 + BAIL APPLN. 3442/2025 PRASHANT JAIN .....Petitioner Through: Mr. Kirtiman Singh, Senior Advocate with Mr. Rajat Kapoor, Mr. Sandeep Mishra, Mr. Mawlik Khurana, Mr. Ayush Vardhan and Mr. Surbhit Nandan, Advocates versus THE STATE OF NCT OF DELHI .....Respondent Through: Mr. Amit Ahlawat, APP for the State with SI Anil Mr. Vipul Sharma and Ms. Deepika, Advocates for complainant de facto CORAM: JUSTICE GIRISH KATHPALIA J U D G M E N T (ORAL) 1. The accused/applicant seeks regular bail in case FIR No. 237/2024 of PS Crime Branch for offence under Section 420 IPC. 2. As reflected from the record, by way of order dated 28.10.2025, the co-ordinate bench of this Court granted interim bail to the accused/applicant in order to facilitate amicable settlement with the complainant de facto. That interim bail continued on date to date basis. Today this matter has come up before me for the first time. BAIL APPLN. 3442/2025 Page 1 of 4 pages GIRISH Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec45569af3962c6f Signature Not Verified b4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - KATHPALIA 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d15570996b40f80c bd2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Digitally Signed Date: 2026.02.16 17:35:34 -08'00' By:NEETU N NAIR Signing Date:16.02.2026 17:57:51 3. Broadly speaking, allegation against the accused/applicant is that in the course of business, he purchased yarn from the complainant de facto, but did not pay full consideration thereof. 4. Learned Senior Counsel for accused/applicant has taken me through record including the orders dated 28.10.2025 onwards of the predece