ASHISH MOHAN GUPTA AND ANOTHER vs STATE OF U T CHANDIGARH AND ANOTHER

CRM-M-38527-2025 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CRM-M-38527-2025 Ashish Mohan Gupta and another …...Petitioner Versus State of U.T. Chandigarh and another …... Respondents 1. Date when Order was reserved 20.05.2026 2. Pronouncement of Order 26.05.2026 3. Date of uploading Order 26.05.2026 4. Whether operative part or full Order is Full pronounced 5. Delay, if any, in pronouncing of full Not Applicable order, and reasons thereof CORAM: HON'BLE MR. JUSTICE SANJAY VASHISTH Present: Mr. Atul Aggarwal, Advocate for the petitioner. Mr. Rahil Mahajan, Addl. P.P., U.T. Chandigarh for respondent No.1 Mr. Udai Yashvir Singh, Advocate for Mr. Sandeep Suri, Advocate and Ms. Ayesha Negi, Advocate (through vc) for respondent No.2. **** SANJAY VASHISTH, J. 1. Present petition has been filed under Section 528 of the BNSS for quashing of FIR No. 0005 dated 17.01.2025, registered under Sections 120-B, 406, and 420 of the Indian Penal Code at Police Station North Chandigarh, along with all subsequent proceedings arising therefrom. RASHMI 2026.05.26 19:02 I attest to the accuracy and integrity of this document CRM-M-38527-2025 2 2. In the year 2006, petitioners availed a loan