Sohan Lal Juneja & Ors vs State Of Punjab

The Supreme Court set aside the Punjab and Haryana High Court's orders regarding the appellants' application under Section 438 of the Code of Criminal Procedure, 1973, concerning an FIR for misappropriation of stock. The Court found that the High Court failed to consider relevant aspects and did not justify the condition of depositing Rs.10,00,000/-. The matter was remitted for fresh consideration, emphasizing adherence to principles established in Adri Dharan Das v. State of W.B. and Bal Kishan Das v. P.C. Nayar.