SHAMBHU PRASAD SINGH vs CBI

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 21st August, 2025 Pronounced on: 05th January, 2026 + CRL.M.C. 5230/2025, CRL.M.A. 22609/2025 & 22610/2025 SHAMBHU PRASAD SINGH S/o Late Sh. Anant Prasad Singh, R/O H-17, 2nd Floor, Kailash Colony, New Delhi-110048 .....Petitioner Through: Mr. Pramod Kumar Dubey, Senior Advocate with Mr. Sulalit Singh Sisodia, Ms. Pallavi Garg, Mr. Joy Banerjee, Mr. Prince and Mr. Satyam Sharma, Advocates. versus CBI Thr: Its Director, New Delhi .....Respondent Through: Mr. Anupam S. Sharma, SPP with Ms. Harpreet Kalsi and Mr. Vashisht Rao, Advocates with Inspector Ram Kumar. CORAM: HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA J U D G M E N T NEENA BANSAL KRISHNA, J. 1. Petition has been filed under Section 528 of the Bhartiya Nagarik Suraksha Sanhita, 2023 (BNSS) read with Section 482 of the Code of Criminal Procedure, 1973 (Cr.P.C), by the Petitioner/Accused No. 2 Shambhu Prasad Singh for the quashing and setting aside of the common CRL.M.C. 5230/2025 Page 1 of 9 Signature Not Verified Signed By:VIKAS ARORA Signing Date:05.01.2026 17:50:45 Order dated 14.05.2025, of the Ld. Additional Sessions Judge (ASJ), in Misc. Crl. Nos. 532/2025 and 533/2025, vide which the Ld. ASJ has dismissed the said Applications under S.91 Cr.P.C. 2. Briefly stated, the Petitioner was a Director of M/s Dynamic Shells (India) Pvt. Ltd. (DSIPL)/Accused No. 1, which was incorporated in 2007- 2008 and was engaged in manufacturing weather-proof PVC shelters. DSIPL initially banked with Syndicate Bank and approached Punjab National Bank (PNB) on 25.11.2009 to take over the existing credit limits. PNB subsequently sanctioned various credit facilities via Letter dated 18.02.2010. 3. DSIPL, through the Petitioner, applied for a temporary enhancement of the Cash Cre