M/S CHAND AGRO PVT LTD AND ORS vs RESERVE BANK OF INDIA AND ANR

2026: PHHC:084000-DB IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH (102+211) CWP-18128-2023 (O&M) Date of decision:- 27.05.2026 M/s Chand Agro Pvt. Ltd. and others ... Petitioners Versus Reserve Bank of India and another .. Respondents CORAM: HON'BLE MR. JUSTICE SUVIR SEHGAL HON’BLE MR. JUSTICE VIKAS SURI Present:- Mr. Aalok Jagga, Advocate, for the petitioners. Mr. Indresh Goel, Advocate, for respondent No.1. Mr. Harsh Garg, Advocate for respondent No.2-PNB (through V.C.) ehhh SUVIR SEHGAL, J. (ORAL) CM-21536-CWP-2023 & CM-8456-C WP-2026 1 Applications are allowed, as prayed for. 2. Annexures P-27 to P-29, are taken on record. CWP-18128-2023 (O&M) 3. Upon instructions received from Mr. Hira Lal Hans, counsel for respondent No.2-PNB states that without prejudice to the bank’s rights, declaration of fraud dated 10.03.2023 qua petitioners No.4 and 5 has been withdrawn. 4. In view of the above development, counsel for the petitioners states that the petition has become infructuous. 5. Dismissed as having been rendered infructuous. 6. Pending applications shall also stand disposed of. ( SUVIR SEHGAL ) JUDGE 27.05.2026 ( VIKAS SURI) Kamal JUDGE Whether Speaking/Reasoned