LAWS(DLH)-2022-6-34

YOGESH JAGIA Vs. JINDL BIOCHEM PVT. LTD.

Decided On June 10, 2022
Yogesh Jagia Appellant
V/S
Jindl Biochem Pvt. Ltd. Respondents

JUDGEMENT

(1.) The instant petition under Sec. 482 of the Code of Criminal Procedure, 1973 (hereinafter "Cr.P.C. ") has been filed on behalf of the petitioner seeking following prayer:-

(2.) The Petitioner is a practicing Advocate enrolled with Bar Council of Delhi since 1991 and the Respondent/Complainant is a real estate development company.

(3.) In 2005, four promoters of complainant company, namely, Rajinder Kumar Jindal, Attar Singh, Kartar Singh and A.P. Singh, jointly promoted 'V4 Infrastructure Pvt Ltd ' (hereinafter "V4 "). Prior to incorporation of V4, to avail opportunity to bid commercial plot of land at Karkardooma, all the four referred promoters contributed funds in complainant company and acquired a commercial plot of land at Karkardooma Community Center, Delhi from DDA, which was subsequently developed by V4 in terms of development agreement dtd. 24/2/2005.