CRM-M-35722-2026 -:1:- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH (105) CRM-M-35722-2026 Date of Decision:08.07.2026 JASPREET SINGH … Petitioner Versus STATE OF PUNJAB AND ANOTHER ... Respondent -.- CORAM: HON'BLE MR. JUSTICE VIRINDER AGGARWAL Present:- Mr. H.P.S. Sandhu, Advocate for the petitioner. Mr. Jasjit Singh Rattu, DAG, Punjab. Mr. Ishan Gupta, Advocate for the complainant. -.- VIRINDER AGGARWAL , J . (Oral) 1. By way of the instant petition, invoked under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (corresponding to Section 438 of the Code of Criminal Procedure, 1973), the petitioner seeks the extraordinary relief of anticipatory bail in case bearing FIR No. 117, dated 05.08.2025, registered under Sections 406 and 420 of the Indian Penal Code, 1860 (corresponding to Sections 316 and 318(4) of the Bharatiya Nyaya Sanhita, 2023) at Police Station Haibowal, District Ludhiana (Annexure P-1). 2. The prosecution case arises from the statement made by the complainant, Sh. Sanjam Gupta, concerning disputes relating to the GAURAV SOROT 2026.07.08 17:42 I attest to the accuracy and integrity of this document CRM-M-35722-2026 -:2:- business affairs of Mind Fries Media LLP. It is alleged that the complainant, who had been carrying on the business of digital marketing under the name and style of M/s Kyra Trends since the year 2020, inducted the petitioner into his business and subsequently appointed him as a Director in Rompefy Pvt. Ltd. Thereafter, both parties established Mind Fries Media LLP, each holding a 50% partnership, and executed an LLP Agreement dated 24.12.2022 governing their business relationship. It is further alleged that, in the course of managing the affairs of the LLP, a bank account was opened with IndusInd Bank, Mohali, to which the petitioner had access, and that he transferred a sum of 45,61,637/- from ₹ the LLP account to his personal account, thereby committing criminal misappropriation and cheating. On the basis of the aforesaid allegations, the present FIR came to be registered against the petitioner. 3. Notice of motion. 4. Mr. Jasjit Singh Rattu, learned Deputy Advocate General, Punjab, accepts notice on behalf of the respondent-State. Mr. Ishant Gupta, Advocate, enters appearance on behalf of the complainant/respondent No. 2 and tenders a short reply, which is taken on record, subject to all just exceptions. 4.1. I have heard the learned counsel for the parties and have perused the paper book minutely. 5. It is not disputed that, vide order dated 03.12.2025 passed in CRM-67832-2025, titled Jaspreet Singh vs. State of Punjab and Another, the petitioner has already been granted protection against coercive action. Consequently, the petitioner is not under any immediate apprehension of GAURAV SOROT 2026.07.08 17:42 I attest to the accuracy and integrity of this document CRM-M-35722-2026 -:3:- arrest. Moreover, the offences alleged are punishable with imprisonment extending up to seven years. In view of the law laid down by the Hon'ble Supreme Court in Satender Kumar Antil v. CBI, 2022 (10) SCC 51, the petitioner can always join the investigation by appearing before the Investigating Officer, as and when required. Since the petitioner already enjoys protection against coercive measures by virtue of the order dated 03.12.2025 passed in CRM-67832-2025, titled Jaspreet Singh vs. State of Punjab and Another, no further directions are called for in the present petition. Accordingly, the instant petition stands disposed of. ( VIRINDER AGGARWAL) 08.07.2026 JUDGE Gaurav Sorot Whether reasoned / speaking? Yes / No Whether reportable? Yes / No GAURAV SOROT 2026.07.08 17:42 I attest to the accuracy and integrity of this document