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2024 DAILYLAW 3003 (PNJ)

MAAN SINGH v. PUNJAB NATIONAL BANK

CRR/2459/2024 · 2026-07-21

Virinder Aggarwal

body2024

Judgment text

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CRR-2459-2024 (O&M) 1 IN THE HIGH COURT OF PUNJAB AND H ARYANA AT CHANDIGARH (151) CRR-2459-2024 (O&M) Date of Decision:-21.07.2026 MAAN SINGH … Petitioner Versus PUNJAB NATIONAL BANK ...Respondent CORAM: HON'BLE MR. JUSTICE VIRINDER AGGARWAL Present: Mr. K.B. Raheja, Advocate for the petitioner. Mr. Aseem Kataria, Advocate for the respondent-Bank. **** VIRINDER AGGARWAL , J . (Oral) 1. This revision has been filed for setting aside the judgment dated 08.10.2024 passed by the learned Additional Sessions Judge, Ferozepur in criminal appeal arising out of criminal case No. Nact/1115/2018 titled as “Punjab National Bank vs. Maan Singh”, whereby the appeal filed by the petitioner against the judgment of conviction and order of sentence dated 02.01.2023 passed by the learned Judicial Magistrate First Class, Ferozepur has been dismissed, and for setting aside the judgment of conviction and order of sentence dated 02.01.2023 and acquitting the petitioner of the charges. 2. This Criminal Revision petition was referred for amicable settlement to Mediation Centre and with the efforts of the Mr. Anil Bansal, Mediator, the matter has been amicably resolved between the parties and the terms of settlement has been reduced into writing in settlement agreement dated 25.05.2026 which has been duly signed by the petitioner and the authorized representative of the respondent-Bank, POONAM 2026.07.23 10:50 I attest to the accuracy and integrity of this document CRR-2459-2024 (O&M) 2 namely Mr. Navneen Setia, Sr. Manager, Punjab National Bank Sadar Bazar, Ferozepur Cantt. So the revision petition is disposed of in terms of the settlement agreement between the parties dated 25.05.2026 and the conviction and order of sentence of the petitioner stands set aside. Respondent-Bank would be at liberty to withdraw the payment of Rs.10 lacs along with the interest deposited before the trial Court and trial Court is directed to release the same to the bank expeditiously. 3. In view of this, the instant revision is disposed of. 4. Pending miscellaneous applications, if any, are also disposed of. (VIRINDER AGGARWAL) 21st July, 2026 JUDGE Poonam Whether reasoned / speaking? Yes / No Whether reportable? Yes / No POONAM 2026.07.23 10:50 I attest to the accuracy and integrity of this document