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High Court of Himachal Pradesh · body

2026 DAILYLAW 4420 (HP)

SUBHASH CHAND v. M/S AMBA SHAKTI ISPAL LTD

CRMP/1640/2026 · 2026-05-04

Sandeep Sharma

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

SUBHASH CHAND Versus M/S AMBA SHAKTI ISPAL LTD CRMP-1640 of 2026 in CR.R - 173 of 2018 04.05.2026 Present: Mr. S. Partha Swami, Advocate vice Mr. Nitin Thakur, Advocate, for the petitioner. Mr. Karan Singh Kanwar, Advocate, for respondent No.1. Mr. Rajan Kahol & Mr. Vishal Panwar, Additional Advocates General with Mr. Ravi Chauhan & Mr. Anish Banshtu, Deputy Advocates General, for respondent No.2-State. By way of instant application, prayer has been made on behalf of the applicant/respondent No.1 for release of amount lying deposited with the Registry of this court as well as learned trial Court. Careful perusal of the averments contained in the application, which is duly supported by an affidavit as well as other material adduced on record, reveals that offence alleged to have been committed by the non-applicant/petitioner under Section 138 of Negotiable Instruments Act came to be compounded by this Court, while exercising power under Section 147 of Negotiable Instruments Act and in terms of afore order, amount lying deposited with the Registry of this court as well as learned trial Court is required to be released in favour of the applicant/respondent No.1. In view of the above, this Court sees no impediment in accepting the prayer made in the application and accordingly, the same is allowed. Registry of this court as well as learned trial Court are directed to release the amount lying with them in favour of applicant/respondent No.1 by remitting the same in its bank account, detail whereof is given in para 3 of the application. May 04, 2026 (Sandeep Sharma), (sunil) Judge