136 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CRM-M-23064-2025 Date of decision : 01.05.2025 Karanjit Singh .....Petitioner versus State of Punjab and others .....Respondents CORAM : HON'BLE MR. JUSTICE RAJESH BHARDWAJ Present :- Mr. Himmat Singh Sidhu, Advocate for the petitioner. Mr. Tarun Aggarwal, Addl.A.G., Punjab. RAJESH BHARDWAJ, J. (Oral) 1. Present petition has been filed seeking quashing of order dated 11.12.2024 passed by ld. Sub Divisional Judicial Magistrate, Balachaur, whereby Ld. trial Court has rejected the application of the petitioner for making the amount to the tune of Rs.11,50,000/- lying in the account No.023701523775, ICICI Bank of accused, namely, Gurpreet Singh, as case property and further refused to release the above said amount in favour of the petitioner. Further prayer has been made for issuing direction to respondents No.2 and 3 to release the above mentioned amount in the said account, on superdari in favour of petitioner. 2. After arguing for some time, learned counsel for the petitioner has fairly submitted that he may be allowed to withdraw the present petition, at this stage. However, he has submitted that the petitioner had earlier approached this Court by way of filing of CRM-M- POOJA SHARMA 2025.05.01 17:44 I attest to the accuracy and integrity of this document CRM-M-23064-2025 -2- 8981-2025, which was disposed of by this Court vide order dated 17.02.2025. It is submitted that despite an undertaking being given by respondent-State vide order dated 17.02.2025, before this Court, no action has been taken by the Investigation Agencies as they have not initiated any PO proceedings against the accused. 3. Allowed to do so. 4. Dismissed as withdrawn, at this stage. However, respondent- authorities are directed to initiate the necessary proceedings in accordance with law within a period of two weeks from today, if the petitioner is not arrested. ( RAJESH BHARDWAJ ) 01.05.2025 JUDGE ps-I Whether speaking/reasoned : Yes/No Whether reportable : Yes/No POOJA SHARMA 2025.05.01 17:44 I attest to the accuracy and integrity of this document