CWP-16722-2026 IN THE HIGH COURT OF PUNJAB AND HARYANA AT M/s Classic Petro & Energy Private State of Punjab and others CORAM : HON’BLE MR. JUSTICE HON’BLE MS. JUSTICE LAPITA BANERJI Present : Mr. Vaibhav Gupta, Advocate, for the petitioner Ms. Shruti, AAG, Punjab. DEEPAK SIBAL Learned counsel for the parties are and law raised through recent judgment dated 21.04.2026 rendered by this Court in ‘M/s Kamal Foods In light of the Kamal Foods’s case the blocking of illegal and accordingly its forthwith release. However, the respondents would be at liberty to proceed afresh against the petitioner with regard to the blocking of the petitioner with law. May 26, 2026 Vandana Whether speaking/reasoned : Whether reportable : 2026 (O&M) Sr. No.124 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-16722 Date of Decision : ic Petro & Energy Private Limited Versus State of Punjab and others HON’BLE MR. JUSTICE DEEPAK SIBAL HON’BLE MS. JUSTICE LAPITA BANERJI Mr. Vaibhav Gupta, Advocate, for the petitioner. Ms. Shruti, AAG, Punjab. *** SIBAL, J. (Oral) Learned counsel for the parties are raised through this petition is covered in the petitioner’s favour by a recent judgment dated 21.04.2026 rendered by this Court in M/s Kamal Foods Vs. State of Punjab and others’ In light of the above, this petition is allowed in terms of ’s case (supra) resulting in the issuance of directions to declare of the petitioner’s ITC existing in its electronic credit ledger illegal and accordingly its forthwith release. However, the respondents would be at liberty to proceed afresh against the petitioner with regard to the blocking of the petitioner’s ITC existing in its electronic credit ledger in accordance (DEEPAK SIBAL JUDGE (LAPITA BANERJI) JUDGE , 2026 Whether speaking/reasoned : Yes/No Whether reportable : Yes/No IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 16722-2026 (O&M) Date of Decision : 26.05.2026 …Petitioner …Respondents DEEPAK SIBAL HON’BLE MS. JUSTICE LAPITA BANERJI Learned counsel for the parties are ad idem that the issue of fact petition is covered in the petitioner’s favour by a recent judgment dated 21.04.2026 rendered by this Court in CWP-5704-2026 Vs. State of Punjab and others’. , this petition is allowed in terms of M/s issuance of directions to declare the petitioner’s ITC existing in its electronic credit ledger to be illegal and accordingly its forthwith release. However, the respondents would be at liberty to proceed afresh against the petitioner with regard to the blocking in its electronic credit ledger in accordance DEEPAK SIBAL) JUDGE (LAPITA BANERJI) JUDGE VANDANA 2026.05.27 18:29 I attest to the accuracy and integrity of this document