YES BANK LTD. THROUGH ITS ASSIGNEE INDIABULLS ASSET RECONSTRUCTION CO. LTD. vs SANTOSH KUMAR

2026:PHHC:076912 CRM-A-1369-2025 (O&M) -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 132 CRM-A-1369-2025 (O&M) Date of decision : 15.05.2026 YES BANK LTD. THROUGH ITS ASSIGNEE INDIABULLS ASSET RECONSTRUCTION CO. LTD. ... APPLICANT Versus SANTOSH KUMAR ... RESPONDENT CORAM: HON'BLE MR. JUSTICE H.S.GREWAL Present:- | Mr. Sandeep K. Sharma, Advocate and Ms. Lakshya Saini, Advocate for the applicant/appellant. wae H.S. Grewal, J.(Oral) 1. The present application has been preferred under Section 419(4) read with Section 413 of BNSS, 2023 seeking leave to appeal against the order dated 14.05.2025 passed by the learned Judicial Magistrate 1° Class, Gurugram, in case bearing No.NACT-50757, 50773, 50774, 50777, 50767, 50759, 50779, 50772, 50761 & 50775/2022 filed under Section 25(1C) read with Chapter VII of the Payment and Settlement Systems Act, 2007, which was dismissed in default for want of prosecution. 2. Before proceeding to hear the application (for grant of leave to appeal)/appeal, it is important to decide whether the right of the victim to file an appeal against acquittal in a complaint case would fall under Section 372 or Section 378(4) of Cr.P.C. SONIA GUGNANI 2026: