IN THE HIGH COURT OF PUNJAB & HARYANA 130 Balram Kotak Mahindra Bank Ltd. CORAM : HON'BLE MR. JUSTICE Present :- Mr. ***** VINOD S. BHARDWAJ The order dated 24.03.2026 Chandigarh has furnishing of bail of the Trial Court/Duty Magistrate compensation amount passing of the said cease to have effect. 2. After ar with the absence of any material placed before this Court to form any opinion otherwise or on the basis whereof it may be assumed that the direction to make pre learned counsel appearing on behalf of the present petition with liberty to move an appropriate application alongwith supporting documents for waiver of 20% of the compensation pre-deposit required to be m IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CRM-M-23434 Date of decision: VERSUS Kotak Mahindra Bank Ltd. HON'BLE MR. JUSTICE VINOD S. BHARDWAJ Mr. Rupender Singh Rana, Advocate ***** VINOD S. BHARDWAJ, J. (Oral) The present petition has been filed .03.2026, whereby the learned Additional Sessions Judge, has suspended the sentence of furnishing of bail/surety bonds to the tune of Rs.50,000/ Trial Court/Duty Magistrate and further amount within a period of two months said order, failing which, the order suspending sentence would to have effect. After arguing the matter at some length and on being confronted with the absence of any material placed before this Court to form any opinion otherwise or on the basis whereof it may be assumed that the direction to make pre-deposit suffers from any judicial mis learned counsel appearing on behalf of the petitioner present petition with liberty to move an appropriate application alongwith supporting documents for waiver of 20% of the compensation deposit required to be made. IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 23434-2026 (O&M) Date of decision: 29.04.2026 ...Petitioner ...Respondent VINOD S. BHARDWAJ , Advocate for the petitioner. filed for quashing the impugned , whereby the learned Additional Sessions Judge, suspended the sentence of the petitioner subject to to the tune of Rs.50,000/- to the satisfaction and further depositing 20% of the two months from the date of the order, failing which, the order suspending sentence would matter at some length and on being confronted with the absence of any material placed before this Court to form any opinion otherwise or on the basis whereof it may be assumed that the deposit suffers from any judicial mis-appreciation, petitioner seeks withdrawal of the present petition with liberty to move an appropriate application alongwith supporting documents for waiver of 20% of the compensation amount i.e. SUMIT SINGH GUSAIN 2026.04.30 12:59 I attest to the accuracy and integrity of this document 2 130 CRM-M-23434-2026 (O&M) 3. It is directed that in the event such application alongwith supporting documents is moved by the petitioner, the First Appellate Court shall consider the said application in view of the law laid down by the Hon’ble Supreme Court in Criminal Appeal No.2741 of 2023 decided on 04.09.2023 titled “Jamboo Bhandari Vs. M.P. State Industrial Development Corporation Ltd. and others”. 4. In view of the above, the instant petition stands dismissed as withdrawn with liberty as aforesaid. 5. Pending misc. application(s), if any, shall also stand disposed of. (VINOD S. BHARDWAJ) 29.04.2026 JUDGE Sumit Gusain Whether speaking/reasoned : Yes/No Whether reportable : Yes/No SUMIT SINGH GUSAIN 2026.04.30 12:59 I attest to the accuracy and integrity of this document