136 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CRM-M-38896-2025 (O&M) DATE OF DECISION : 23.07.2025 AMRITPAL SINGH .......PETITIONER(s) VERSUS NARESH KUMAR TANEJA .....RESPONDENT(s) CORAM: HON'BLE MR. JUSTICE SANDEEP MOUDGIL Present: Mr. Himanshu Chhabra, Advocate for the petitioner(s). *** SANDEEP MOUDGIL, J.(Oral) The jurisdiction of this Court has been invoked under Section 528 B.N.S.S, 2023 for quashing/modifying the Order dated 19.05.2025 (ANNEXURE P-4) passed by the ASJ, Sangrur passed in CRA/237/2025 titled as "Amritpal Singh vs. Naresh Kumar Taneja" arising out of NACT/609/2019 Annexure R-1 and condition of payment of 20% compensation amount may be removed being contrary to settled principles of law. After arguing for some time, learned counsel for the petitioner prays for withdrawal of the present petition with liberty to move an appropriate application before the lower Appellate Court, with the reasons/grounds on which he is asking for the waiver of 20% of the Anuradha 2025.07.23 22:58 I agree to specified portions of this document CRM-M-38896-2025 (O&M) 2 compensation amount as stipulated under Section 148 of the Negotiable Instruments Act, who shall adjudicate afresh by passing in the light of ‘Jamboo Bhandari versus M.P. State Industrial Development Corporation Ltd. & Ors.’, decided on 04.09.2023. Prayer is accepted. Dismissed as withdrawn with liberty aforesaid. However, it is made clear that in case the Lower Appellate Court dismissed the application for waiver of the condition, the petitioner would be at liberty to approach this Court again on that cause of action. (SANDEEP MOUDGIL) 23.07.2025 JUDGE anuradha Whether speaking/reasoned : Yes/No Whether reportable : Yes/No Anuradha 2025.07.23 22:58 I agree to specified portions of this document