JALAJ BATRA vs CENTRAL BUREAU OF INVESTIGATION

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 08.04.2026 Judgment delivered on: 04.05.2026 + CRL.M.C. 682/2025 & CRL.M.A. 3273/2025 JALAJ BATRA .....Petitioner versus CENTRAL BUREAU OF INVESTIGATION .....Respondent Memo of Appearance For the Petitioner: Mr. Mohit Mathur, Sr. Advocate with Mr. Prasouk Jain, Ms. Rabiya Thakur, Mr. Nikhil Joshi and Mr. Vignesh, Advocates For the Respondent: Mr. Anupam S. Sharrma, SPP for CBI with Mr. Prakarsh Airan and Ms. Harpreet Kalsi, Advocates CORAM: HON'BLE MR. JUSTICE MANOJ JAIN JUDGMENT MANOJ JAIN, J 1. A supplementary charge-sheet was filed against 34 accused persons. Petitioner herein is shown as A-2 therein. He is aggrieved by order dated 27.04.2024 whereby learned Trial Court1 has taken cognizance of offences and summoned him and others. 2. Let me narrate factual matrix, in brief. 3. An FIR2 was registered on 20.06.2022. 4. It emanated from one complaint lodged by Mr. Vipin Kumar Shukla, Deputy General Manager, Union Bank of India. Such complaint was 1 Special Judge (PC Act), CBI-08, Rouse Avenue Court, New Delhi 2 RC No. 2242022A0001 Signature Not Verified Signed By:SONIA THAPLIYAL CRL.M.C. 682/2025 Page 1 of 17 Signing Date:04.05.2026 14:17:14 directed against DHFL3 and 12 others and as per allegations, Mr. Kapil Wadhawan4, Mr. Dheeraj Rajesh Kumar Wadhawan5, Mr. Sudhakar Shetty, M/s Amaryllis Realtors LLP, M/s Gulmarg Realtors LLP along with other companies, individuals and public servants entered into a “criminal conspiracy” to cheat the Consortium of 17 Banks, led by Union Bank of India. 5. It was alleged that pursuant to criminal conspiracy, the Consortium Banks were induced to sanction and disburse huge loan amount aggregating to Rs. 42,000 crores approximately. The promoters of DHFL created entities