GBL CHEMICAL LIMITED & ORS. vs STATE OF GNCTD OF DELHI & ANR.

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 15th December, 2025 Pronounced on: 29th January, 2026 + CRL.M.C. 2155/2025, CRL.M.A. 9696/2025, 23020/2025 1. GBL CHEMICALS LIMITED, Having Registered Office at: C-501-502, Lotus Corporate Park, Off Western, Express Highway, Goregaon, East-Mumbai, Through its Director CMD Sh. Rishi Pilani .....Petitioner No. 1 2. MR. RISHI PILANI, (CMD) S/o Sh. Ramesh Shankarmal Pilani, R/o 10, Second Floor, Shanti Sadan, J.B. Nagar, Andheri (E) Mumbai-400059 .....Petitioner No. 2 3. MR. RAMESH SHANKARMAL PILANI, (CFO) S/o Late Sh. Shankarmal Ghanshyam Das Pilani, R/o 10, Second Floor, Shanti Sadan, J.B. Nagar, Andherj (E) Mumbai-400059 .....Petitioner No. 3 Through: Mr. Mohit Mathur, Sr. Advocate with Mr. Puneet Sharma, Mr. Ashwani Kumar, Ms. Iti Sharma, Mr. Vignesh and Mr. Aditya Joshi, Advocates. Versus 1. STATE OF NCT OF DELHI, Through S.H.O, Police Station, Hauz Khas, New Delhi .....Respondent No. 1 Signature Not Verified Signed By:VIKAS CRL.M.C.2155-2156/2025 Page 1 of 21 ARORA Signing Date:29.01.2026 17:01:23 2. PROGFIN PRJVATE LIMITED 76, 1st Floor, Okhla Industrjal Estate Okhla, New Delhi-110020 Through it‟s A.R. SH. Kunal Bargava .....Respondent No. 2 Through: Ms. Richa Dhawan, APP for the State + CRL.M.C. 2156/2025, CRL.M.A. 9701/2025 1. GANESH BENZOPLAST LTD., Having Registered Office at: 1, Dina Building, 1st Floor, M.K. Road, Marine Lines, Mumbai-400002 Through its Director CMD Sh. Rishi Pilani .....Petitioner No. 1 2. MR. RISHI PILANI, (CMD) S/o Sh. Ramesh Shankarmal Pilani, R/o 10, Second Floor, Shanti Sadan, J.B. Nagar, Andheri (E) Mumbai-400059 .....Petitioner No. 2 3. MR. RAMESH SHANKARMAL PILANI, (CFO) S/o Late Sh. Shankarmal Ghanshyam Das Pilani, R/o 10, Second Floor, Shanti Sadan, J.B. Nagar, Andherj (E) Mumb