IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH 266 !"#$! %%& '# !($! % ) *+,-./012.*2),1 *2),13/ !"#!$ %&' ()(* ' ' ' +', - !).()(! / 0 ' 1 / 1 2 /, , *3!( &' 4, 5 6- ( 5 ' , 7 8 ,/ !"## "$, ' !* %& , / MOHAMMAD WASEEM ANSARI 2025.12.02 19:23 I attest to the accuracy and integrity of this order/judgment 3. In M/s. Celestium Financial’s case (supra), the Hon’ble Supreme Court has interpreted S *9(*93#!$ // , , ' *9( // ' - / 7 8 ,/ 5 :9( 5 4#&5 , , , ' 5 , 4, *3 - 5 , ,, 5 ' ,5 - &5' , ,, 5' 5 5 , ' *9! // ,' *9! , ' ' + , , , 5 , , ' 1!#&5 , ' *9( 5 ,' , 5 ; ' , 5 < ' - ' , ' 5 7 5 5 MOHAMMAD WASEEM ANSARI 2025.12.02 19:23 I attest to the accuracy and integrity of this order/judgment , %5 , ,= ' ' ,7'/ *93#!$ //5 5 , *9( // 4#!&5 , , *93 ,,=' + 5' , '< , *9( ' ' , ' , , , 4!&5 , *3 , , ()) // !* ; //, , , , 5 , -, ,, *9(5 , (#5$ // 6' ' ' ' , ' ,'!( / 4 ' , - 5 ' , 7 ' ' ,' - *9( // ' , ' , 5 ; MOHAMMAD WASEEM ANSARI 2025.12.02 19:23 I attest to the accuracy and integrity of this order/judgment 74,5 *3 ' ,' ' 5 ,, >) - ', , 5 -5 , *9( // , , ,4 *9( *93 , 4 *9( , 5 , 5 , '7'/ 5'5 ,< , 5 , , , *9( // 5 , ,7'/ 4 5 , 5 ' ' -, *9(5 ' , 7' / ' , 5 , ()) //5 , ,, 5 ' *3 >' , *9( // *9( //5 5 , *(())" + , ,' 45 5 , ' *9( // MOHAMMAD WASEEM ANSARI 2025.12.02 19:23 I attest to the accuracy and integrity of this order/judgment 5 , ? , , *9( #!$ *93 //@ ! , , *9( #!$ *93 //@ ! < ' ' ' , , ; / ' - ' *3 & 4 , - 5 , *9( // , ,/ % &%' #(()((*$ % " ' +# , - #((.$*( )()9()(># % # #(($/( 01" )9)9()(> > 4 5 , ,7 8 ,/ 8#$ '5 ,' , / 0' 1 2 5 ,' !* %& 0'1 2, ,6 ' , ,+ . & / , / ' , 9 / , / 1 2 MOHAMMAD WASEEM ANSARI 2025.12.02 19:23 I attest to the accuracy and integrity of this order/judgment 8 0'1 2 ' >)()(. 3 A' , 0'1 2 5 " B (MANISHA BATRA) JUDGE Whether speaking/reasoned Yes/No Whether reportable Yes/No MOHAMMAD WASEEM ANSARI 2025.12.02 19:23 I attest to the accuracy and integrity of this order/judgment