RAVINDRA DHARIWAL & ANR. vs KOTAK MAHINDRA BANK LIMITED & ANR.

Judgment text excerpt

$~J-1 & 2 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 12.11.2025 Judgment delivered on: 15.01.2026 + CRL.M.C. 8417/2023, CRL.M.A. 31444/2023, CRL.M.A. 15187/2024 RAVINDRA DHARIWAL & ANR. .....Petitioners Through: Mr. Madhav Khurana, Sr. Adv with Mr. Petrushka Das Gupta, Mr. Mridul Yadav, Mr. Raghav Mittal, Mr Shaurya Singh & Ms. Tulika Bhatnagar & Ms. Kashvi Bansal, Advs. versus KOTAK MAHINDRA BANK LIMITED & ANR .....Respondents Through: Ms. Vaishnavi Viswanathan, Adv. for R-1. + CRL.M.C. 8431/2023, CRL.M.A. 31481/2023 & CRL.M.A. 15190/2024 KISHORE LAXMNARAYAN BIYANI & ANR. .....Petitioners Through: Mr. Madhav Khurana, Sr. Adv with Mr. Petrushka Das Gupta, Mr. Mridul Yadav, Mr. Raghav Mittal, Mr Shaurya Singh & Ms. Tulika Bhatnagar & Ms. Kashvi Bansal, Advs. versus KOTAK MAHINDRA BANK LIMITED & ANR. .....Respondents Through: Ms. Vaishnavi Viswanathan, Adv. for R-1. Signature Not Verified Signed By:NARENDRA CRL.M.C. 8417/2023 & CRL.M.C. 8431/2023 Page 1 of 9 SINGH ASWAL Signing Date:17.01.2026 22:16:23 CORAM: HON'BLE MR. JUSTICE VIKAS MAHAJAN JUDGMENT VIKAS MAHAJAN, J 1. The present petition has been filed under Section 482 CrPC praying quashing of summoning order dated 24.01.2023 whereby the petitioners were summoned to stand trial for the offence under Section 138 of Negotiable Instruments Act, 1881 [in short „N.I. Act‟]. 2. Further prayer has been made for quashing of order dated 23.05.2023 whereby the petitioners were directed to furnish their bail bonds. 3. The aforesaid orders came to be passed in complaint under Section 138 NI Act being CC No.3106/2022 titled as Kotak Mahindra Bank Ltd. v. Future Retail Ltd. & Ors. which is stated to be pending before the Court of Judicial Magistrate First Class (JMFC), (N.I. Act), West District, Digital Cour