M/S SQUAREM BIO ORGANIC PRIVATE LIMITED AND ANOTHER vs M/S PROCEED FORMULATIONS

CRM-M-11013-2026 (O&M) -1- IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 128 CRM-M-11013-2026 (O&M) Date of decision: 22nd May, 2026 M/s Squarem Bio Organic Pvt. Ltd. and another ...Petitioners Versus M/s Proceed Formulations ...Respondent CORAM: HON'BLE MRS. JUSTICE MANISHA BATRA Present: Mr. Lakshya Saini, Advocate for the petitioners. *** MANISHA BATRA, J (ORAL):- The instant petition has been filed under Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023 seeking quashing of complaint bearing NACT No. 779 dated 16.09.2023 titled as ‘M/s Proceed Formulation vs. M/s Squarem BIO Organic Pvt. Ltd. and others’, filed under Sections 138, 141 and 142 of Negotiable Instruments Act, 1881 (for short ‘NI Act’) read with Section 420 of IPC which is pending before the Court of Judicial Magistrate First Class, Panchkula and the order dated 12.07.2024 (Annexure P-6) whereby the present petitioners had been ordered to be summoned to face trial for commission of aforementioned offences and also for quashing of order dated 28.10.2025, whereby warrants of arrest had been issued against PARVEEN SHARMA 2026.05.22 18:00 I attest to the accuracy and integrity of this document CRM-M-1101