Virender Kapoor @ Virender Kapur v. State of Haryana

-1-o o o INoTHEoHIGHoCOURToOFoPUNJABoANDoHARYANAo AToCHANDIGARHo o o o Reservedoon:o-10.03.2023o Dateoofopronouncement:o-o15.03.2023o o o

VirenderoKapooro@oVirenderoKapuro ......Petitionero o o o Versuso o o o StateoofoHaryanao ......Respondento o

CORAM:oHON'BLEoMR.oJUSTICEoNAMIToKUMARo o Arguedoby:ooMr.oR.S.oRai,oSenioroAdvocate,owithoo o o Mr.oKeshavoPartapoSingh,oAdvocate,oo forotheopetitioner.o o o o Ms.oGaganpreetoKaur,oAAG,oHaryana.o o o o Mr.oD.S.oKohli,oAdvocate,oandoo o o Mr.oShreyoAshat,oAdvocate,oo forotheocomplainant.o o NAMIToKUMAR,oJ.o o o ThisopetitionohasobeenofiledobyotheopetitionerounderoSectiono 439oCr.P.C.oseekingoregularobailoinocaseoFIRoNo.177odatedo25.04.2021o underoSectionso420,o406,o467,o468,o120-BoIPCo(Sectionso406,o467,o468,o 120-BoIPCowereoaddedolateroon),oregisteredoatoPoliceoStationoSectoro40,o Gurugram,oDistrictoGurugram.o -2-o o BriefofactsoofotheocaseoareothatotheoaboveomentionedoFIRo wasoregisteredoatoP.S.oSector-40,oGurugramoinopursuanceotootheoorderso passedobyotheoLd.oCJM,oGurugramou/so156(3)oCr.PCoonotheocomplainto filedo byo complainanto namelyo Harvindero Singho againsto petitioner-VirenderoKapoor,oco-accused-AnitaoKapooroandoArohanoKapooro(sonoofo theopetitioner),ostatingothereinothatotheocomplainantoandoaboveonamedo accusedoareoacquaintedowithoeachootheroforotheolasto24oyears.oInoMayo 2016,otheoaccusedopersonsoapproachedotheocomplainantoforotheosaleoofo propertyobearingoNo.oAo–o46,oGreenwoodsoCity,oSector-45,oGurugramo measuringo420oSq.omtrs.oTheocomplainantoagreedotoopurchaseotheosaido propertyoforoRs.o4,50,00,000/-andoitowasodecidedothatoregistryowillobeo doneo ono 22.03.2017.o Theo complainanto paido theo amounto ofo Rs.o 50,00,000/-oono18.06.2016obyowayoofotwoochequesoofoRs.o25oLakhsoeacho bearingoNos.o527365oando527366odatedo18.06.2016.oArohanoKapooro presentedotheooriginalochainoofotitleodeedsoofotheopropertyoinoquestionotoo theo complainant.o Theo agreemento too sello waso executedo betweeno theo partiesoono23.06.2016.oTheoaccusedopersonsoassuredotheocomplainanto thatotheopropertyoisofreeofromoalloencumbrances.oTheocomplainantopaido furtheroamountoofoRs.o35oLakhsobyowayoofotwoochequesoeachobearingo nos.o527374oando527375odatedo24.06.2016.oHeofurtheropaidoRs.o2.05o croreso ono 25.06.2016o ando Rs.o 45o Lakhso ono 27.06.2016.o Theo saido paymentso wereo acknowledgedo byo theo accusedo personso byo wayo ofo acknowledgementoreceipts.oThus,otheocomplainantopaidototaloamountoofo Rs.o3,35,00,000/-otootheoaccusedopersons.oLater,otheoaccusedopersonso startedoavoidingotheocomplainantoonooneopretextoorotheootheroandowereo -3-o o dragging/lingeringoonotheoexecutionoofosaleodeed.oThus,otheocomplainanto issuedoaoreminderoono26.10.2017,ohowever,oonorequestoofotheoaccused,o theodateoofoexecutionoofoSaleoDeedowasopostponedoono31.10.2017.oButo still,otheyolingeredoonotheomatteroonooneopretextoorotheoother.oLateroon,o theocomplainantofoundoaopubliconoticeodatedo27.11.2020oissuedoinoTheo Timeso ofo Indiao newspapero thato theo aforementionedo accusedo personso haveoenteredointooagreementotoosellodatedo02.03.2020owithoregardotootheo saido propertyo witho oneo Mrs.o Sitao Ranio Dudeja.o o Ono enquiry,otheo complainantofurtherofoundothatoduringotheoongoingonegotiationsowithotheo complainant,otheoaccusedopersonsohadoobtainedoaoloanoofoRs.o6oCroreso fromoM/soAdityaoBirlaoFinanceocompany.oTheocomplainantoconfrontedo petitioner-Virendero Kapoor,o however,o heo threatenedo theo complainanto forolifeoandoforoimplicatingohimoinofalseocases.oInothisoway,otheoaccusedo personsocheatedotheocomplainantoandocausedowrongfulolossotootheotuneo ofoRs.o3.35ocroresotootheocomplainant.o o o Ono issuanceo ofo noticeo ofo motion,o statuso reporto datedo

11.10.2022o byo wayo ofo affidavito ofo Vikasho Kaushaik,o Assistanto CommissioneroofoPolice,oEast,oGurugram,ohasobeenofiled,owhereinoitohaso beenostatedoasounder:o-o "3.o ThatotheoinvestigationowasoinitiatedobyoSuboInspectoro Tejpal.oDuringoinvestigation,oono01.05.20121,otheorelevanto recordo waso obtainedo fromo theo complainant.o Ono

21.05.2021,otheocertifiedocopyoofotheosaleodeedopertainingo too theo yearo 2011o (video whicho theo accusedo personso hado purchasedotheopropertyoinoquestion)owasoobtainedofromotheo concernedoTehsil.oOno27.05.2021,otheodetailsoofoaccounto No.o309871397000oofotheocomplainantowereoobtained.oTheo -4-o o detailso ofo theo accounto No.o 0424053000002361o ofo theo petitioner/accusedo ando coo accusedo Anitao Kapooro ando detailso ofo accounto No.o 424053000000248o ofo Arohano Kapoor,oAnitaoKapooroandoVikramoKapoorowereoobtained.o Ashuo Jhingano ando Shivo Sagaro Tiwario (witnesso ofo theo agreemento too sello ando acknowledgemento receipts)o wereo joinedo ino theo investigationo ando theiro statementso wereo recorded.o

4.oo Thatofurtherorecordopertainingotootheoloansoobtainedo byotheoaccusedopersonsofromoIndiaoBullsoHousingoFinanceo inotheoyearo2014,o2015oando2017oagainstotheopropertyoino questionowasoobtained.oFurtherotheorecordopertainingotoo loacoobtainedobyotheoaccusedopersonsofromoAdityaoBirlao Financeo ino Septembero 2017o againsto theo propertyo ino questionowasoalsooobtained.o

5.oThatoduringotheocourseoofoinvestigationoitowouldofoundo thato theo agreemento too sello waso executedo betweeno theo complainanto Harvindero Singho ado Accusedo /petitionero VirenderoKapooroandoAnitaoKapooroono23.06.2016oforotheo sumoofoRs.o4.5ocrores.oTheopetitionero/accusedoandoAnitao Kapooro hado affixedo thero signatureso ono theo same.o Ino pursuanceo ofo theo same,o theo complainanto hado paido twoo chequesobearingoNo.o527365oando527366oofoRs.o25oLakhso eachoono18.06.2016,otwoochequesobearingoNo.o527374oando 527375oofoRs.o17.5oLakhsoeachoono23.06.2016.oHeofurthero paidoRs.o2.05ocroresoinocashotootheoaccused.oTheoreceiptsoofo theosameowereosignedobyoaccusedoVirenderoKapooroando AnitaoKapooroandothatotheoamountowasocheckedobyotheocoo accusedoArohanoKapooroandoheokeptotheosameowithohim.o Theo petitioner/accusedo ando Anitao Kapooro gaveo theo prossessionoofooneoroomosetoono2ndoFlooroofotheopropertyo inoquestionotootheocomplainantoono24.09.201,oitowasoalsoo foundo thato theo accusedo personso hado takeno laono ofo Rs.o RAVINDER SINGH 4,92,50,000/-ocroresoinotheoyearo2014,oRs.o32,00,000/-oino -5-o o theoyearo2016oandoRs.o5,00,85,000/-oinotheoyearo2017ofromo Indiabullso Housingo Financeo company.o Theyo hado alsoo obtainedo ao loano ofo Rs.o 7o croreso ino theo yearo 2017o fromo Adityao Birlao Financeo Company.o However,o theyo hado concealedotheseofactsofromotheocomplainant,oitowasofurthero foundothatoafterotheoaboveomentionedoagreementowithotheo complainantotheoaccusedopersonsoenteredointooagreemento toosellotheopropertyoinoquestionowithoSitaoRanioDudejaoino marcho2020oforotheosaleoconsiderationoofoRs.o6.80ocrores.o Theosaidoagreementowasotakenointoopoliceopossession.oTheo forgeryowasosubstantiatedofromotheoreplyoofotheoaccusedo datedo31.10.2017ogivenotootheocomplainantoinoresponseotoo theoreminderoletterowrittenobyohimotootheoaccused.oItowaso furtheroreveledobyotheoreplyodatedo17.06.2019ogivenobyotheo accusedo personso ino replyo too theo legalo noticeo ofo theo complainant.oTheoaboveofactsorevealedothatotheointentionoofo theopetitioneroandocooaccusedowasodishonestofromotheoveryo beginningo andoforgedotitleopaperso wereocreatedo andotheo sameowereousedotoocheatotheocomplainant.ooSectionso406,o 467,o468,o120-BoIPCowereoaddedoinotheopresentocaseoono

14.10.2021.o

6.oo Thato theo petitioner/accusedo waso arrestedo ono

16.10.2021.oOneoAppleo1-phone,ooneogoldoring,ooneokadao whiteo metal,o oneo irono kada,o oneo purseo containingo threeo ATMocards,odrivingolicense,oRCoofoCretaovehicleoNo.oHR-26-EL-2035o ando threeo oldo noteso ofo Rs.o 500/-o wereo recoveredoduringopersonalosearch.oTheosameowereotakeno intoopoliceopossessions.oTheosaidoCretaovehicleowasoalsoo takeno intoo possessiono fromo accused/petitionero video recoveryo memoo datedo 16.10.2021.o Oneo Geysero ando oneo PanasonicoLEDowereorecoveredofromotheosaidovehicleoando theosameowereotakenointoopossessionovideorecoveryomemoo datedo 16.10.2021.o Theo disclosureo statemento ofo theo RAVINDER SINGH petitionerowasorecordedowhereinoheoadmittedotheoplanningo -6-o o ando commissiono ofo presento offenceo along-witho hiso wifeo AnitaoKapooroandosonoArohanoKapoor.oHeofurtherostatedo thatotheoforgedotitledodeedsoofotheopropertyoinoquestiono wereopreparedobyotheoaccusedoArohanoKapooroandotheo saido signatureo wereo affixedo byo Anitao Kapooro ando theo petitionero ono theo saido forgedo titledo papers.o Theo forgedo titleopapersoareowithotheopetitioner."o o o LearnedoSeniorocounseloforotheopetitionerocontendedothato theopetitioneroisoinnocentoandohasobeenofalselyoimplicatedoinotheopresento case.ooNoooffenceoisomadeooutounderoSectionso420,o406,o467,o468,o506,o 120-Bo IPCo againsto theo petitioner.o o Ito iso furthero contendedo thato prosecutiono versiono iso highlyo unbelievableo aso noo persono ofo ordinaryo prudenceo wouldo evero payo ao hugeo amounto ofo Rs.3.35o croreso foro ao propertyo whicho iso lyingo mortgagedo witho ao bank/financialo institutiono withoutoseeingooriginalotitleodeed.ooHeofurtherosubmittedothatoaocivilosuito bearingo No.1585o datedo 19.04.2021o foro specifico performanceo ofo agreementotooselloisoalreadyopendingobeforeotheoCourtoofolearnedoCivilo Judgeo (Junioro Division),o Gurugram,o ando theo civilo disputeo haso beeno givenotheocriminalocolouroandofalseoFIRohasobeenoregisteredoagainstotheo petitioner.o o Petitionero iso ino custodyo sinceo 17.10.2021.o o Heo furthero contendedothatopetitioneroisonotoinvolvedoinoanyootherocase.ooHeofurthero contendedothatoinvestigationoinotheopresentocaseoisocomplete;ochallanohaso beeno presented;o chargeso haveo beeno framedo ando trialo mayo takeo ao considerableo timeo too conclude.o o Learnedo senioro counselo foro theo petitionerohasoplacedorelianceouponojudgmentsoofothisoCourtoinoCRM-M-29702o ofo 2018o –o Vinodo Kumaro v.o Stateo ofo Haryanao decidedo ono

19.12.2018oandoCRM-M-15539oofo2022o–oAshokoKumario@oSadhanao -7-o o v.oStateoofoPunjabodecidedoono28.04.2022otoocontendothatoinoviewoofo provisionsoofoSectiono437(6)oCr.P.C.,otheopetitioneroisoentitledoforogranto ofodefaultobail.ooo o o LearnedoStateocounsel,oassistedobyolearnedocounseloforotheo complainantosubmitsothatoaofraudohasobeenocommittedobyotheopetitionero andoco-accusedowithotheocomplainantobyoenteringointooanoagreementotoo sellodatedo23.06.2016oforoaototaloconsiderationoofoRs.4.50ocroresooutoofo whicho3.35ocroresohaveobeenopaidobyotheocomplainantotootheopetitionero andoco-accusedoandotheosaidopaymentohasobeenodulyoacknowledgedobyo theopetitioneroandoco-accusedovideoAnnexuresoR-3otooR-7ofiledobyotheo complainantoinoCRM-M-18105oofo2022oandotheosaidofactohasoalsoobeeno admittedo byo theo petitionero ando co-accusedo ino theiro replyo datedo

17.06.2019otootheolegalonoticeoservedouponobyotheocomplainantodatedo

23.05.2019,orelevantopartoofowhichoisoreproducedoasounder:o-o "….Youro cliento haso seeno &o inspectedo theo Originalo titleo deedsoatotheotimeoofoenteringointooAgreementotooSell.ooWeo undertakeo too tendero theo originalo titleo documentso ofo theo propertyo ando executeo theo saleo deedo ono oro beforeo

30.04.2020.o xo o xo o xo Inspiteoofoallotheodelayoweoagreeothatoweohaveoreceivedoao sumoofoRs.3,35,00,000/-o(RupeesoThreeoCroresoandoThirtyo FiveoLacsoOnly)owhichoobviouslyoformsoaomajoroportiono ofotheototaloSaleoConsideration.ooAllotheoapprehensionsoofo youro cliento areo wrongo &o unfoundedo theo propertyo iso absolutelyoencumbranceofreeoandoweoholdoabsoluteoclaimo titleowithoutoanyolienoorothirdopartyointerest,owhatsoever.oo Theo newspapero noticeo datedo 24.10.2017o waso alsoo unnecessary,o ando weo suggesto thato thereo iso noo needo too -8-o o wasteomoneyoonotheseounfoundedoapprehensions.ooWeoareo peopleo ofo honour,o eveno ifo weo haveo defaultedo ouro commitmentsobutoweowouldoneverothinkoofocheatingoano angelolikeoMr.oHarvinderoSingh."o o o Itohasofurtherobeenocontendedothatonotoonlyotheofraudohaso beenocommittedowithotheocomplainantobutowithoanotheroperson,onamely,o SitaoRanioDudejaowithowhomoagreementotoosellodatedo02.03.2020ohaso beeno enteredo intoo foro ao considerationo ofo Rs.6.80o croreso duringo theo currencyoofoagreementotoosellodatedo23.06.2016oandotheosaidopersonohaso paido ao sumo ofo Rs.99o lacso too theo petitionero ando othero co-accused..oo LearnedoStateocounselohasoproducedotheostatementsodatedo14.10.2021oofo Sitao Ranio Dudejao ando hero husbando Hario Chando sono ofo Tarao Chando recordedo undero Sectiono 161o Cr.P.C.o o Aso pero aboveo statements,o petitionero ando co-accusedo assuredo Sitao Ranio Dudejao thato theo saido propertyoisofreeofromoalloencumbrancesoandonooloanoexistsoonotheosaido property.o o Further,o theo fraudo haso beeno committedo witho variouso banks/financialo institutionso whereo theo propertyo haso beeno mortgagedo timeoandoagainoandoloansohaveobeenotakenobyotheopetitioneroandoco-accused.ooItoisofurtherocontendedothatooneoofotheofinancialoinstitutionso namelyoAdityaoBirlaoFinanceoLtd.ofromowhereotheoloanowasoraisedobyo theopetitioneroandoco-accusedoagainstotheosameopropertyohadoapproachedo thiso Courto byo filingoCWPo No.34220o ofo2019o –Adityao BirlaoFinanceo Limitedov.oDistrictoMagistrate,oGurugramoandoothersoseekingowritoofo mandamusoforohandingooverophysicalopossessionoofobuiltoupopropertyo i.e.oPlotoNo.46,oBlock-A,oResidentialoColonyoknownoasoGreenoWoodo City,o Gurugram,o ono theo basiso ofo ordero datedo 03.10.2019o passedo byo -9-o o DistrictoMagistrate,oGurgugramounderoSectiono14oofotheo'Securitizationo andoReconstructionoofoFinancialoAssetsoandoEnforcementoofoSecurityo InterestoAct,o2002'o(hereinafteroreferredotooaso'theoSARFAESIoAct'),o whereinotheopresentopetitioneroandootheroco-accusedowereoarrayedoaso respondentsoNo.5otoo7,owhichowasoallowedobyoaoDivisionoBenchoofothiso Courtovideojudgmentodatedo06.12.2021oandodirectionowasoissuedotootheo DistrictoMagistrate,oGurugramotooensureothatotheophysicalopossessionoofo theopropertyoinoquestionoisohandedooverotootheoauthorizedopersonoofotheo petitionero–financeocompanyowithinooneoweek.ooTheorelevantoportionoofo theosaidojudgmentoisoasounder:o-o "InotheopresentowritopetitionofiledounderoArticleo226oofotheo Constitutiono ofo Indiao theo petitioner,o financialo institutiono seeksodirectionsoforohandingooverotheophysicalopossessiono ofoaobuiltoupopropertyoi.e.oPlotoNo.46,oBlock-A,oResidentialo ColonyoknownoasoGreenoWoodoCity,oGurugram.o

2.oTheosameoisobasedoonotheofactothatoanoorderohasobeeno passedo undero Sectiono 14o ofo theo Securitizationo ando Reconstructiono ofo Financialo Assetso ando Enforcemento ofo Securityo Interesto Act,o 2002o (foro shorto 'theo Act')o byo theo DistrictoMagistrate,oGurugramoono03.10.2019o(Annexureo P-3),owherebyoonoaccountoofodefaultoofooutstandingoduesoofo Rs.6,61,95,276/-o aso ono 17.05.2019o byo respondento No.5,o whoo iso theo proprietoro ofo respondento No.4-M/so Kapcoo Enterprises,owhereasorespondentsoNo.6otoo8oareohisocloseo relatives,o theo physicalo possessiono ofo theo mortgagedo propertyo waso too beo handedo over.o Anyo persono claimingo tenancyo oro leaseholdo rightso waso lefto openo too availo itso remedyobeforeotheoDebtoRecoveryoTribunalounderoSectiono 17o(4A)oofotheoAct.oOnoaccountoofotheosaidoorderobeingonoto -10-o o executedo aso sucho byo theo State,o theo Financialo Institutiono wasoconstrainedotoocomeotoothisoCourt.o xo o o xo o o xo o o xo

4.oItoisotoobeonoticedothatoono23.09.2020,otheoStateowaso directedotoofileotheoaffidavitoofotheorespondentoNo.1-Districto Magistrate,o Gurugramo ando respondento No.2-Naibo Tehsildar,oasotoowhyopossessionoofotheodisputedopropertyo hasonotobeenotaken,owhichoisoapparentlyoonoaccountoofotheo factothatoorderowhichowasosoughtotoobeoimplementedowaso passedo undero Sectiono 14o ofo theo Acto ono 03.10.2019o (AnnexureoP-3).oTheoimplementationowasotoobeodoneobyo givingopossessiononoticeoofo15odaysoandolocksowereotoobeo brokeno upo ifo theo securedo assetso wereo foundo locked.o Ono

08.10.2020,oitohadobeenobroughtotootheonoticeoofotheoCourto thatothereowasoaointerimostayopassedobyotheoCiviloCourt,o Gurugramo ino theo suito filedo byo theo allegedo tenantoagainstotheoproprietoroofotheofirm-respondentoNo.5o ando respondento No.6o too 8,o whoo areo theo closeo familyo membersoofotheoproprietoroandoinjunctionohadobeenotakeno ono15.11.2019.oAccordingly,othisoCourtoobservedothatothereo waso collusiono betweeno theo 3rdo respondento ando 5tho respondento ando directedo thato theo ordero wouldonotopreventotheopetitionerofromotakingopossessionoofo theopropertyoinoquestion.oCounseloforotheo3rdorespondentoato thato timeo hado undertakeno thato heo wouldo surrendero theo possessionoofotheoflatoandoanoaffidavitowouldobeogivenobyo theonextodateoi.e.oono09.10.2020.oOnodoingoso,oheowasotoobeo grantedo twoo weekso timeo too vacateo ando surrendero theo possession,o sinceo heo hado filedo CM-10422-CWP-2020o ino theo caseo ando broughto forwardo theo caseo ofo tenancy.o Relevantoportionoofotheoorderodatedo08.10.2020oreadsoaso under:-o "Whenotheosameoisolookedointo,oitsoclearoindicationo RAVINDER SINGH thato thereo iso collusiono betweeno 3rdo ando 5tho -11-o o respondento too ensureo thato theo possessiono ofo theo propertyoisonototakenopursuantotootheoprovisionsoofo SARFAESIo Act.o Therefore,o thiso Courto iso ofo theo consideredo opiniono thato theo saido order,o passedo byo learnedo Civilo Judgeo (Junioro Division),o Gurgaon,oagainsto5thorespondent,owouldonotoprevento theopetitionerohereinofromotakingopossessionoofotheo propertyo ino question.o Ino lighto ofo theo aforesaido observationo ofo thiso Court,o learnedo counselo appearingo foro 3rdo respondent,o seekso 15o days'otimeotoovoluntarilyosurrenderotheopossessionoofo theoflat,owhichoisoinohisopossession,oandoheowouldo stateothatoanoaffidavitotoothatoeffectowouldobeofiledobyo him,obeforeotheoconclusionoofotheoworkingohoursoofo 9tho Octobero 2020,o beforeo thiso Court.o Hiso submissiono iso placedo ono recordo ando heo iso permittedo too fileo affidavito too thato effecto ando accordingly,oheoisograntedotwooweeks'otimeotoovacateo ando surrendero theo possessiono ofo theo sameo too theo petitionero herein.o Witho sucho observation,o applicationo ino CM-10422-CWP-2020,o iso herebyo disposedoof.oAocopyoofothisoorderoisodirectedotoobeo sentotoorespondentoNo.1oando2."o

5.o Apparently,o theo needfulo waso noto doneo ando ono

26.10.2020odirectionsowereoissuedotoorespondentoNo.1otoo ensureo complianceo ofo theo ordero datedo 08.10.2020o ando proceedingso wereo deferredo foro 18.12.2020.o Ao settlemento wasoarrivedoatoono17.11.2020ointeroseotheopetitioneroando theo borrowerso whicho iso attachedo witho CM-o 13730-CWP-2020,oinowhichoreferenceowasoalsoogivenoofo theopresentolitigation.oTheosameohadobeenoarrivedoonotheo basisoofotheowrittenoproposalomadeoono13.11.2020obyotheo proprietoroandohisofamilyomembersoforosettlementoofotheo RAVINDER SINGH outstandingo dueso ofo Rs.7,89,71,538/-o byo ao paymento ofo -12-o o Rs.6,30,00,000/-o only.o Ao mentiono waso alsoo madeo ofo theopendencyoofotheoproceedingsounderoSectiono17o(1)oofo theoActobeforeotheoDebtsoRecoveryoTribunal-II,oDelhi.oIto wasofurtheroagreedothatoinotheoeventoofoanyodefaultoasopero theo paymento schedule,o theo deedo ofo settlemento waso too becomeonulloandovoid.oo

6.oOno26.02.2021,otheoCoordinateoBenchofoundothatosinceo possessionowasohandedooverotootheolandlordoasoarguedobyo theocounseloforotheotenant,othereowasoaocontemptoofothiso Court,o aso respondento No.3o aso theo occupant/tenanto hado violatedo hiso owno undertakingo aso noticedoinotheoearlieroorderodatedo08.10.2020.oResultantly,o twoo weekso moreo timeo waso soughto too takeo remedialo measureso ando complyo witho theo undertaking.o Furthero indulgenceo waso grantedo ono 25.03.2021o ando theoorderoreadsoasounder:-o "Afterogoingothroughotheopleadingsoonorecord,owitho theo ableo assistanceo ofo learnedo counselo foro theo parties,o ito iso apparento thato theo allegedo tenant-respondentoNo.3oandotheoownersoofotheomortgagedo residentialo property/respondentso No.5o too 8o haveo triedo too misleado theo Courto regardingo theo actualophysicalopossessionoofotheosecuredoassetoono differento dates.o Thato apart,o theo conducto ofo theo principaloborrowers/privateorespondentsoNo.5otoo8o ino adheringo too theo termso ando conditionso ofo settlementoisonotobonaofide.o Ato thiso stage,o withouto goingo intoo theo respectiveo misconductoofotheoparties,oweofeelothatothereoisonoo legaloimpedimentoinoimplementingotheoorderodatedo

03.10.2019o passedo byo Districto Magistrate,o GurugramounderoSectiono14oofotheoSARFAESIoAct.oo However,o weo deemo ito expediento too granto oneo RAVINDER SINGH opportunityotootheoprincipaloborrowers/respondentso -13-o o No.5o too 8o too giveo ao dateo beforeo whicho theyo willo voluntarilyo ando peacefullyo handovero physicalo possessiono ofo theo mortgagedo residentialoflat.oo Listoono01.04.2021oforofurtheroconsideration."o

7.oOno01.04.2021,orespondentsoNo.5otoo8oprayedoforo10o dayso timeo too voluntarilyo ando peacefullyo surrendero theo physicalo possessiono ofo theo mortgagedo property.o Theo affidavitooforespondentsoNo.5o&o6owasotoobeofiledobyotheo nexto dateo ofo hearingo ando theo caseo wasolistedoono06.04.2021.oOnotheosaidodate,otwoodaysomoreo timeowasotakenoforotheopurposeotoopersuadeotheoBankoforo acceptingotheoagreeableoamountowithinoaoreasonableotimeo withotheoundertakingothatoinocaseoofofailure,orespondentso No.5o too 8o wouldo hando overo theo vacanto possessionoofotheoproperty.oOno09.04.2021othisoCourtowaso apprisedothatoanoSLPoagainstotheoorderodatedo01.04.2021o hadobeenofiledoandoaccordinglyoproceedingsowereodeferredo foro 28.04.2021.o Accommodationo waso takeno ono theo saido dateo ono accounto ofo theo facto thatotheocaseowasolistedoforohearingoono30.04.2021obeforeo theoApexoCourt.o

8.oItoisonotodisputedothatotheoApexoCourtohadoalsoopassedoao conditionaloorderoono30.04.2021,owherebyoitohadonoticedo thato ao sumo ofo Rs.1o croreo hado beeno paido byo M/so Kapcoo EnterprisesoagainstotheosettlementoofoRs.6,30,00,000/-.oAno opportunityo waso giveno too deposito Rs.2o croreso beforeo

05.05.2021o ando theo Banko waso too examineo theo freshoproposalosympathetically,osinceotheoearlierosettlemento datedo17.11.2020ohadoalsoobeenobreached.oFurtherocaveato wasoputoinocaseotheoamountoofoRs.2ocroresoisonotodepositedo byo 05.05.2021,o theo specialo leaveo petitiono wouldo stando dismissed.oTheosaidoorderodatedo30.04.2021o(AnnexureoA-RAVINDER SINGH 1)o passedo ino SLPo Nos.5699o ando 6528o ofo -14-o o 2021otitledoasoM/soKapcooEnterpriseso&oothersoVs.oAdityao BirlaoFinanceoLimitedoandoothers'oreadsoasounder:-o "Theodisputeoinotheopresentospecialoleaveopetitionoiso witho regardo too repaymento ofo loano takeno byo theo petitioner-Companyofromotheo1stoRespondent-Adityao Birlao Financeo Limited.o Ito iso noto disputedo thato theo agreementowasoenteredointoobetweenotheopartiesoono

17.11.2020oaccordingotoowhich,otheopetitionersowereo requiredo too payo theo entireo settlemento amounto ofo Rs.6,30,00,000/-o (Rupeeso sixo croreso thirtyo lakhso only)o byo 28.01.2020.o Theo totalo dueo amounto ato thato stageo waso Rs.7,89,71,538/-o (Rupeeso seveno croresoeightyonineolakhsoseventyooneothousandofiveo hundredo thirtyo eighto only)o ando theo settlemento waso madeoforoanoamountoofoRs.6.30ocrores.oInotermsoofo theo saido settlement,o theo petitioner-Companyo hado paidoanoamountoofoRs.1ocroresobutodidonotocomplyo withotheoscheduleoofopaymentoofofurtherodues.oMr.o Arkajo Kumar,o learnedo counselo appearingo foro theo petitionero haso madeo statemento thato theo petitioner-Companyoisowillingotoopayoanoamountoofo Rs.2o croreso througho banko drafto ono oro beforeo

05.05.2021oandohasofurtherosubmittedothatoheoshallo makeo ao fresho proposalo foro settlemento ofo theo dueso whicho mayo beo consideredo byo theo 1sto Respondent.o Mr.o Sanjeevo Singh,o learnedo counselo appearingoforotheo1stoRespondentohasosubmittedothato inoviewoofotheofactothatotheopetitionerodidonotohonouro theoearliero settlemento datedo17.11.2020,oheo wouldo nowobeoliableotoopayotheoentireoduesoalongowithouptoo dateointerest.oHeohas,ohowever,osubmittedoinocase,oao freshoproposaloisogivenoalongowithotheobankodraftoofo Rs.2o croreso ono oro beforeo 05.05.2021,o theo RAVINDER SINGH respondent-FinanceoCompanyo wouldo beoagreeableo -15-o o too considero theo proposalo foro settlementoofodues.oInoviewoofotheoaforesaidofactsoando circumstances,o weo disposeo ofo thiso specialo leaveo petitiono witho theo directiono thato ino case,o theo petitioner-Companyo depositso ao banko drafto ofo Rs.2o stcroreso witho theo 1 o Respondento ono oro beforeo

05.05.2021o alongo witho ao fresho proposalo foro settlemento ofo dues,o theo saido proposalo shallo beo consideredo byo 1sto Respondento sympatheticallyo aso expeditiouslyoasopossible,opreferablyowithinoaoperiodo ofotwooweeksofromotheofilingoofosuchoapplication.oItoiso furthero providedo thato ino case,o theo petitioner-Companyodoesonotodepositotheobankodraftoofo Rs.2o croresoonoorobeforeo05.05.2021,othisospecialoleaveo petitiono shallo stando dismissed.o Witho theo aforesaido direction,o theo specialo leaveo petitiono shallo stando disposedo of.o Pendingo application(s),o ifo any,oshalloalsoostandodisposedoof."o

9.o Ao perusalo ofo theo communicationo datedo 06.09.2021o (AnnexureoA-2)owouldogooonotooshowothatorespondentoNo.5o onlyo offeredo ao demando drafto ofo Rs.1,30,00,000/-o (Rs.1.3o crores)o beforeo theo Bank,o whicho accordinglyo hado noto agreedotooacceptotheosame.oTheoformalorejectionowasoalsoo doneo ono 28.09.2021o (Annexureo A-3)o byo communicatingotheosameotootheoproprietoroofotheofirmoando hisofamilyomembers.o

10.o Keepingo ino viewo theo above,o ito iso apparento thato theo respondentsothemselvesohaveotoobeofaultedoforoviolatingoofo fiveo undertakingo beforeo thiso Courto ando eveno beforeo theo ApexoCourt.oNoofurtheroindulgenceoisoliableotoobeogranted,o onoaccountoofotheohugeoamountooutstandingowhichoisonowo pendingo againsto theo petitionero too theo tuneo ofo overo Rs.8o crores.o Theyo areo alreadyo keepingo theo RAVINDER SINGH possessionoforooverotwooyearsoofotheoproperty,obyowhichotheo -16-o o petitioner-financialo institutiono wouldo haveo earnedo handsomeoremuneration,oifotheosameohadobeenoleasedoout,o aso ito iso situatedo ato ao primeo locationo ino Gurugram.o

11.oAccordingly,otheopresentopetitionoisodisposedoofowitho directionso too theo respondento No.1-Districto Magistrate,o Gurugramo tooensureo thatotheophysicalopossessiono ofotheo propertyo ino questiono iso handedo overo too theo authorizedo persono ofo theo petitionero withino ao weeko fromotodayowhetheroitoisofromotheoprivateorespondentsooro theiroagents.oo

12.oNeedlessotoosayothatotheoDistrictoMagistrateoshallotakeo appropriateopoliceohelpoatotheotimeoofohandingooverotheo physicalo possessiono ofo theo propertyo ino questiono too theo authorizedo persono ofo theo petitioner,o theo financialo institution.o Similarly,o theo rightso ofo anyo partiesotootheosaidopropertyowillobeoadjudicatedouponobyo theo Tribunal,o beforeo whomo proceedingso areo alreadyo pendingo aso weo haveo noto decidedo ono theo saido issueo ono merits."o o o Itohasofurtherobeenoarguedothatotheopetitioneroalongowithoco-accusedocommittedoforgeryoasotheyohaveopreparedoforgedodocumentsoofo theopropertyoinoquestionowhichowereoshownotootheocomplainantoasowello asotooSitaoRanioDudejaoandowhereasowhileotakingoloanofromovariouso banks/financialo institutions,o sameo wereo depositedo witho them.o o Witho regardotootheoargumentoraisedoforograntoofodefaultobailounderoSectiono 437(6)oCr.P.C.,olearnedocounseloforotheocomplainantosubmitsothatoitoiso theodiscretionoofotheotrialoCourtotoograntodefaultobailobyocitingoreasons.oo Heo furthero submittedo thato theo petitionero hado nevero approachedo theo MagistrateoforograntoofodefaultobailounderoSectiono437(6)oCr.P.C.o -17-o o o o Iohaveoheardolearnedocounseloforotheopartiesoandoperusedo theorecord.o o o Fromotheoaboveofacts,oitoisocrystallizedoasounder:o-o

(i)k Petitionero alongo witho co-accusedo enteredo intoo ano agreemento too sello datedo 23.06.2016o witho complainant-Harvindero Singho witho regardo too propertyo i.e.o Ploto No.46,o Block-A,o Residentialo Colonyo knowno aso Greeno Woodo City,o Gurugram,o measuringo420osq.oyardsoforoaototaloconsiderationoofo Rs.4.50o crores,o outo ofo whicho petitionero ando co-accusedo receivedo Rs.3.35o croreso fromo theo complainanto againsto dueo acknowledgements.o o Theo saidoagreementowasotoobeoexecutedobyo22.03.2017o andodueodateowasofurtheroextendedotimeoandoagainoono falseopretextoandoflimsyogrounds.ooTheoreceiptoofotheo saidoamountohasobeenoadmittedobyotheopetitioneroando co-accusedo ino theiro replyo datedo 17.06.2019o too theo legalonoticeoservedouponobyotheocomplainantodatedo

23.05.2019.o

(ii)k Anothero agreemento too sello datedo 02.03.2020o haso beeno executedo byo theo petitionero ando co-accusedo Anitao Kapooro witho Sitao Ranio Dudeja,o duringo theo currencyoofoagreementotoosellodatedo23.06.2016.o

(iii)k Petitioneroandoco-accusedomortgagedotheopropertyoino questionoandohaveotakenoloanofromo'IndiaoBulls'o–o -18-o o Rs.4,92,50,000/-oinotheoyearo2014,oRs.32,00,000/-oino theo yearo 2016,o Rs.5,00,85,000/-o ino theo yearo 2017.oo Theyo hado alsoo obtainedo ao loano fromo Adityao Birlao FinanceoLimitedoinotheoyearo2017oforoaosumoofoRs.7o crores.ooSinceotheosaidoamountowasonotorepaidobyotheo petitionero ando co-accused,o Adityao Birlao Financeo Limitedo approachedo thiso Courto byo wayo ofo CWPo No.34220oofo2019oforotakingophysicalopossessionoofo theopropertyoinodispute.o

(iv)k Physicalopossessionoofotheopropertyoinoquestionohaso beenotakenobyoAdityaoBirlaoFinanceoLimitedofromo petitionero alongo witho othero co-accusedo whoo wereo respondentsoNo.5otoo7oinothoseoproceedingsoinotermso ofo Divisiono Bencho judgmento ofo thiso Courto datedo

06.12.2021oonotheobasisoofoorderodatedo03.10.2019o passedounderoSectiono14oofotheoSARFAESIoActobyo DistrictoMagistrate,oGurugram.oo o o Aoperusaloofotheorecordowouldofurtheroshowothatotheodespiteo ofotheofactothatopropertyoinoquestionowasoalreadyomortgagedowithotheo IndiaoBulls,otheopetitionersohadodeceitfullyoenteredointootheoagreementotoo sellowithotheocomplainant,obyosayingothatotheopropertyoisofreeofromoallo encumbrances,otooextractomoneyofromohim.ooTheopetitionerowithoothero co-accusedo hado enteredo intoo agreemento too sello witho Sitao Ranio subsequentlyoknowingofullyothatotheyowereonotolegallyocompetentotoodoo so,o sinceo theo propertyo waso mortgagedo witho financialo instituteo ando -19-o o agreementotooselloofosaidopropertyohadoalreadyobeenotakenoplaceowithotheo complainant.ooTheoconductoofotheopetitioneroalongowithootheroco-accusedo iso dubious,o whicho cano beo ascertainedo byo theo observationso madeo byo Hon'bleoDivisionoBenchoinotheomattero(CWP-34220-2019)oreferredotoo above,oasotheyohaveobeenofaultedonumberoofotimeoforoviolatingotheiro undertakingobeforeothisoCourtoasowelloasoHon'bleoSupremeoCourt.ooItoiso aptotoomentionohereothatoasoperotheorecord,oforgedodocumentsohaveobeeno madeotoosellotheopropertyoinoquestionoforoextractionoofomoney.ooAocivilo suito foro specifico performanceo ofo agreemento too sello datedo 23.06.2016o filedobyotheocomplainantoisoalsoopendingobeforeotrialocourtoatoGurugram.ooooo o o Ito iso relevanto too mentiono hereo thato co-accusedo Arohano Kapuro waso grantedo anticipatoryo bailo byo learnedo Additionalo Sessionso Judge,oGurugram,ovideoorderodatedo21.06.2021.ooLateron,oSectionso406,o 467,o468o&o120-BoIPCowereoadded.ooThereafter,oArohanoKapuromovedoao petitiono seekingo anticipatoryo bailo beforeo theo learnedo Additionalo Sessionso Judge,o Gurugram,o whicho waso dismissedo video ordero datedo

28.10.2021.ooThereafter,oheomovedoaopetitionobeforeothisoCourtoandovideo orderodatedo04.07.2022opassedoinoCRM-M-46285oofo2021,otheosameo waso dismissedo ono accounto ofo absenceo ofo anyo apprehensiono ofo threat/arrest.ooo o o Theo presento caseo relateso too economico offence.o Theo Hon'bleo Supremeo Courto ino Stateo ofo Gujarato Versuso Mohanlalo Jitamaljio Porwalo ando otherso (1987)o 2o SCCo 364,o theo heldo aso under:-o "5.o....Theoentireocommunityoisoaggrievedoifotheoeconomico RAVINDER SINGH offenderso whoo ruino theo economyo ofo theo Stateo areo noto -20-o o broughtotoobook.oAomurderomayobeocommittedoinotheoheato ofo momento upono passionso beingo aroused.o Ano economico offenceo iso committedo witho coolo calculationo ando deliberateo designo witho ano eyeo ono personalo profito regardlesso ofo theo consequenceo too theo community.o Ao disregardo foro theo interesto ofo theo communityo cano beo manifestedo onlyo ato theo costo ofo forfeitingo theo trusto ando faithoofotheocommunityoinotheosystemotooadministerojusticeo inoanoeven-handedomannerowithoutofearoofocriticismofromo theo quarterso whicho viewo whiteo collaro crimeso witho ao permissiveo eyeo unmindfulo ofo theo damageo doneotootheonationaloeconomyoandonationalointerest....."o o o InoY.S.oJaganoMohanoReddyoVersusoCBIo(2013)o7oSCCo 439,otheoHon'bleoSupremeoCourtoheldoasounder:-o "34.oEconomicooffencesoconstituteoaoclassoapartoandoneedo toobeovisitedowithoaodifferentoapproachoinotheomatteroofo bail.o Theo economico offenceso o havingo deep-rootedo conspiracieso ando involvingo hugeo losso ofo publico fundsoneedotoobeoviewedoseriouslyoandoconsideredoasograveo offencesoaffectingotheoeconomyoofotheocountryoasoaowholeo andotherebyoposingoseriousothreatotootheofinancialohealthoofo theocountry.o

35.oWhileograntingobail,otheocourtohasotookeepoinomindotheo natureoofoaccusations,otheonatureoofoevidenceoinosupporto thereof,otheoseverityoofotheopunishmentowhichoconvictiono willo entail,o theo charactero ofo theo accused,o circumstanceso whicho areo peculiaro too theo accused,o reasonableo possibilityo ofo securingo theo presenceo ofo theo accusedo ato theo trial,o reasonableo apprehensiono ofo theo witnessesobeingotamperedowith,otheolargerointerestsoofotheo public/Stateoandootherosimilaroconsiderations."o -21-o o o o Foro appreciationo ofo theo rivalo contentionso witho regardo too provisionsoofoSectiono437(6)oCr.P.C.,oitowouldobeoaptotooreproduceotheo saidoprovision,owhichoreadsoasounder:o-o "S.437.oWhenobailomayobeotakenoinocaseoofonon-bailableo offence-oo

(1)o xoxoxoxoxoxoxoxoxoxoxo

(2)oo xoxoxoxoxoxoxoxoxoxoxo

(3)oo xoxoxoxoxoxoxoxoxoxoxo

(4)oo xoxoxoxoxoxoxoxoxoxoxo

(5)oo xoxoxoxoxoxoxoxoxoxoxo

(6)o oIf,oinoanyocaseotriableobyoaoMagistrate,otheotrialoofo ao persono accusedo ofo anyo nono bailableo offenceo iso noto concludedo withino ao periodo ofo sixtyo dayso fromo theo firsto dateofixedoforotakingoevidenceoinotheocase,osuchopersono shall,oifoheoisoinocustodyoduringotheowholeoofotheosaido period,o beo releasedo ono bailo too theo satisfactiono ofo theo Magistrate,ounlessofororeasonsotoobeorecordedoinowriting,o theoMagistrateootherwiseodirects.oo

(7)oo xoxoxoxoxoxoxoxoxoxoxo o o OnoaocarefuloconsiderationoofoSubosectiono(6)oofoSectiono 437o Cr.P.C.,o thiso Courto iso ofo theo consideredo viewo thato theo righto conferredounderoSub-sectiono(6)oofosectiono437oCr.P.C.isosubjectotootheo rideroi.e.o"unlessofororeasonsotoobeorecordedoinowriting,otheoMagistrateo otherwiseodirects",otherefore,otheoaboveoquotedosentenceowhichoisoalsooao partoofoSubosectiono(6)oofosectiono437oCr.P.C.otakesoawayotheoabsoluteo rightoofoanoaccusedotoobeoreleasedoonobail,oinotheoeventotheotrialoisonoto concludedowithinotheostipulatedoperiodoofosixtyodays,ofromotheofirstodateo fixedo foro adducingo evidenceo ino theo case.o Furthero theo aboveo quotedo sentenceo alsoo conferso powero ono theo Magistrateo too passo anyo othero -22-o o order/issueoanyootherodirectionofororeasonsotoobeorecordedoinowriting.oOno aoconspectusoofotheoprovisionocontainedoinosectiono437o(6)oCr.P.C.othiso courtoisoofotheoconsideredoviewothatotheorightoconferredoonotheoaccusedo underosectiono437o(6)oCr.P.C.oisonotoanoabsoluteooneoandotheosameoiso subjectotootheoconditionostatedoinotheosaidoprovision.o o o ThisoCourtoisoofotheoviewothatotheosaidoprovisionogivesorighto too theo accusedotoo haveo ao speedyo trialoaso hasobeenoguaranteedoundero Articleo21oofotheoConstitutionoofoIndia.ooHowever,oitoisoheldothatotheo provisionoasoaowholeoisonotomandatoryoratherotheosameoisodirectoryoino nature.oMoreover,otheopetitionerohasoneveroapproachedotheoconcernedo magistrateo seekingo defaulto bailo aso enumeratedo undero sectiono 437(6)o Cr.P.C.ooInoVinodoKumaro(Supra),othisoCourtoonotheobasisoofoinherento powersovestedounderoSectiono482oCr.P.C.ohadograntedoregularobailotootheo petitionerothereinoafteroholdingothatotheosaidoprovisionoisonotomandatory.o o o Noworevertingobackotootheofactsoofotheopresentocaseoando consideringotheosubmissionsomadeobyolearnedocounseloforotheorespectiveo partieso aso wello aso consideringo theo materialo availableo ono recordo ando furthero takingo intoo theo considerationo theo natureo ando gravityo ofo theo allegationso vis-à-viso chequreredo conducto ofo theo petitionero whoo haso committedo forgeryo ando fraudo too theo tuneo ofo croreso ofo rupeeso ando fabricatedodocuments,otherefore,othisoCourtoisonotoinclinedotooinvokeo jurisdictiono undero sectiono 439o Cr.P.C.o aso wello aso 482o Cr.P.C.o o Noo groundoisomadeooutotoograntoregularobailotootheopetitioner.o o o Noootheropointohasobeenoraised.o o o Accordingly,otheopetitionoisodismissed.o -23-o o o o However,oLibertyoisograntedotootheopetitionerotooapproacho Magisterialo Courto foro seekingo defaulto bailo undero sectiono 437o (6)o Cr.P.C.,oifosooadvised.o o o Nothingo statedo hereino aboveo shallo beo construedo aso ano expressionoofoopinionoonotheomeritsoofotheocase.o o o (NAMIToKUMAR)o

15.03.2023ooo o o o o o JUDGEo R.S.o o Whetherospeaking/reasonedoo :o Yes/Noo o WhetheroReportableoo o :o Yes/Noo