Jagdish Bansal v. State Of Punjab
CRM-M No.15435 of 2026 -1IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH ***** CRM-M No.15435 of 2026 Date of decision : 7.4.2026 Date of uploading : 7.4.2026 Jagdish Bansal .............Petitioner
Versus
State of Punjab .......Respondent CORAM: HON'BLE MR. JUSTICE SUMEET GOEL Present: Mr. V. K. Kaushal, Advocate and Ms. Saroj Kumari, Advocate, for the petitioner Mr. Gaurav Gurcharan S. Rai, Senior DAG, Punjab --- SUMEET GOEL, J. (ORAL) 1.
Present petition has been filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short 'BNSS') for grant of regular bail to the petitioner in case FIR No.9 dated 14.1.2026 under Sections 318(4), 316(2), 61(2) of Bharatiya Nyaya Sanhita, 2023, registered at Police Station City Khanna, District Khanna. 2.
The gravamen of the FIR in question is that the petitioner alongwith his co-accused Varun Bansal, Shiv Bansal, Priyanka Bansal and Rekha Bansal, in conspiracy and with common intention of each other, have cheated the firm M/s Vijay Kumar Rakesh Kumar (in the name of father of the complainant Nitin Kumar) in the name of business dealings, to the tune of ₹48,05,455/-.
CRM-M No.15435 of 2026 -23. Learned counsel for the petitioner has argued that the petitioner is in custody since 31.1.2026. Learned counsel has submitted that the FIR in question emanates from money/business dispute. Learned counsel has further submitted that the said dispute has been settled between the rival concerned parties and a written compromise dated 13.3.2026 (copy whereof has been appended as Anneuxre P-3 with the present petition), has also been effected. Learned counsel has further submitted that the petitioner is a man aged about 56 years with no criminal antecedents. Thus, regular bail is prayed for.
4.
Learned State counsel has opposed the present petition by arguing that the allegations raised are serious in nature and thus the petitioner does not deserve the concession of the regular bail. Learned State counsel seeks to place on record custody certificate dated 6.4.2026 in Court, which is taken on record.
4.1 Mr. Raghav Khanna, Advocate, causes appearance on behalf of the complainant and has filed his vakalatnama, which is taken on record. Learned counsel has ratified the matter having been settled between the parties.
5.
I have heard counsel for the parties and have gone through the available records of the case.
6.
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1 6.3 The petitioner was arrested on 31.1.2026 and is in continuous
CRM-M No.15435 of 2026 -5custody since then. Culmination of investigation as also the trial emanating therefrom, in case occasion so arises, will indubitably take long. The rival contention; including the weightage/veracity of the compromise deed dated 13.3.2026 (copy whereof has been appended as Annexure P-3 alongwith the present petition); shall be gone into at appropriate stage. This Court does not deem it appropriate to delve deep into these rival contentions, at this stage, lest it may prejudice the trial. Nothing tangible has been brought forward to indicate the likelihood of the petitioner absconding from the process of justice or interfering with the prosecution evidence.
6.4 As per custody certificate dated 6.4.2026 filed by learned State counsel, the petitioner has already suffered incarceration for a period of 2 months and 4 days & is not shown to be involved in any other case. Suffice to say, further detention of the petitioner as an undertrial is not warranted in the facts and circumstances of the case. 7.
In view of above, the present petition is allowed. Petitioner is ordered to be released on regular bail on his furnishing bail/surety bonds to the satisfaction of the Ld. concerned CJM/Duty Magistrate. However, in addition to conditions that may be imposed by the concerned CJM/Duty Magistrate, the petitioner shall remain bound by the following conditions:- (i) The petitioner shall not mis-use the liberty granted. (ii) The petitioner shall not tamper with any evidence, oral or documentary, during the trial.
(iii) The petitioner shall not absent himself on any date before the trial.
(iv) The petitioner shall not commit any offence while on bail.
CRM-M No.15435 of 2026 -6- (v) The petitioner shall deposit his passport, if any, with the trial Court.
(vi) The petitioner shall give his cell-phone number to the Investigating Officer/SHO of concerned Police Station and shall not change his cell-phone number without prior permission of the trial Court/Illaqa Magistrate.
(vii) The petitioner shall not in any manner try to delay the trial. 8.
In case of breach of any of the aforesaid conditions and those which may be imposed by concerned CJM/Duty Magistrate as directed hereinabove or upon showing any other sufficient cause, the State/complainant shall be at liberty to move cancellation of bail of the petitioner.
9.
Ordered accordingly.
10.
Nothing said hereinabove shall be construed as an expression of opinion on the merits of the case.
(SUMEET GOEL) JUDGE 7.4.2026 Ashwanii Whether speaking/reasoned:
Yes/No Whether reportable:
Yes/No