1 2025:CGHC:3579-DB NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR CRMP No. 574 of 2018 1 - Rajendra Karan Rajpoot (Director, Suvidha Farming And Allied Limited) S/o Late Shankar Lal Karn Rajpoot Aged About 40 Years R/o Himanadri Avenue Lane No. 6, Street No. 3, Ring Road, Jogiwala, Dehradun Uttarakhand – 248 001 2 - Vinod Kumar Shankhwar (Director, Suvidha Farming And Allied Limited) S/o Jamana Prasad Aged About 37 Years R/o Shivalik View Lane 1, Ring Road, Jogiwala, Dehradun Uttarakhand – 248 001 ... Petitioners versus 1 - State Of Chhattisgarh Through Station House Officer Police Station Amleshwar Chhattisgarh District Durg Chhattisgarh - 491001 2 - Rekhram Sahu S/o Late Ghanaram Sahu Occupation Business R/o Village Pahanda, Amleshwar, District Durg Chhattisgarh – 491 001 ... Respondents For Petitioners : Mr.Avinash Singh, Advocate holding the brief of Dr.Saurabh Kumar Pande, Advocate For Respondent No.1/State : Mr.Swajit Uboja, Panel Lawyer Hon'ble Shri Ramesh Sinha, Chief Justice Hon'ble Shri Ravindra Kumar Agrawal, Judge BABLU RAJENDRA BHANARKAR Digitally signed by BABLU RAJENDRA BHANARKAR Date: 2025.01.23 10:37:48 +0530 2 Order on Board Per Ramesh Sinha , Chief Justice 21 .01 .2025 1. Heard Mr.Avinash Singh, learned counsel holding the brief of Dr.Saurabh Kumar Pande, learned counsel for the petitioners. Also heard Mr.Swajit Uboja, learned Panel Lawyer appearing for respondent No.1/State. 2. The present petition has been filed by the petitioners with the following prayers: “(i) Call for the records of the case from respondent no.1; (ii) Allow this petition, by quashing and setting aside the First Information Report No. 33325066170100/2017 dated 08/07/2017 registered by respondent no. 1 for offences falling under Section 120-B, 420 of the Indian Penal Code, 1860 and for the offences Falling under Section 10 of Chhattisgarh Protection of Depositors Interest Act, 2005 upon an information given by respondent no. 2 against the petitioners as the petitioners are ready to refund the entire amount to the respondent no. 2 as claimed by him in the First Information Report dated 08/08/2017; 3 (iii) By way of granting interim relief to the petitioners, stay the further proceedings in the First Information Report No.33325066170100/2017 dated 08/07/2017 registered by respondent no. 1 against the petitioners as the petitioners are ready to pay the legally payable dues to respondent no. 2 if so directed by this Hon'ble Court: or in alternative; (iv) Direct the respondent no. 1, to not to take any coercive action against the petitioners pending final disposal of the instant petition as the petitioners are ready to pay the legally payable dues to respondent no. 2 if so directed by this Hon'ble Court, (v) Stay the direction contained in the letter dated 22/09/2017 of the respondent no. 1 and the accounts of SFAL are made operational as the time limit given by SEBI vide its order dated 22/12/2017 is 31/03/2018, (vi) Grant ex parte interim relief in terms of prayer clause (iii), (iv) & (v); (vii) Any other befitting relief which may be found suitable in the facts and circumstances of the present case may also be granted to the petitioners. 4 3. Learned counsel for the petitioners states that the matter may be dismissed as withdrawn as the trial is in progress and is in advance stage. 4. Accordingly, the instant petition is dismissed as withdrawn. Interim relief granted on 23.03.2018 stands vacated. A copy of this order be sent to the concerned trial Court forthwith for necessary information and compliance. Sd/- sSd/- (Ravindra Kumar Agrawal) (Ramesh Sinha) Judge Chief Justice Bablu