SUBHAM SAXENA vs STATE NCT OF DELHI & ANR.

* IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: March, 09, 2026 + BAIL APPLN. 5038/2025 SUBHAM SAXENA .....Applicant Through: Mr. Vikas Pahwa, Sr. Adv. with Mr. Meenesh Dubey, Mr Jasmeet Singh Chadha, Mr. Sohraab Singh and Mr Muhammad Maroof, Advs. Versus STATE NCT OF DELHI & ANR. .....Respondents Through: Mr. Satish Kumar, APP with Ms. Upasna Bakshi, Adv. Ms. Sowjhanya Shankaran, Adv. for R-2 (VC) Insp. Harpal Madan with SI Sanjay Kumar, PS: EOW CORAM: HON'BLE MR. JUSTICE SAURABH BANERJEE J U D G M E N T (ORAL) 1. By virtue of the present application under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS) read with Section 439 of the Code of Criminal Procedure, 1973 (Cr.P.C), the applicant seeks grant of regular bail in proceedings arising out of FIR No.144/2021 dated 23.09.2021 registered at PS: Economic Offences Wing, District South- East, Delhi under Sections 408/476/468/471/120-B of the Indian Penal Code, 1860 (IPC). BAIL APPLN. 5038/2025 2. Succinctly put, a complaint was received on 19.08.2021 on behalf of the complainant/ respondent no.2 herein, being a company engaged in the business of real estate development, against the applicant herein, one