SEEMA ANEJA Vs. STATE OF PUNJAB

JUDGEMENT

(1.) THE present petition has been filed under Section 438 Cr.P.C. for grant of pre-arrest bail to the petitioners in case arising out of FIR No. 120 dated 24.5.2011 registered at Police Station Division No.5, Ludhiana, under Sections 406 and 420 IPC.

(2.) COMPLAINANT -Aarti Puri, in the FIR, has stated that her son Nitin was allured by the accused to invest Rs. 50,00,000 in partnership for running a footwear showroom. Further that after receiving the said amount, the accused became reluctant to commence business and return the amount, so received. Lateron, they had issued a cheque of the amount received, which had bounced. Learned counsel further submits that for bouncing of the cheque, the complainant has filed a separate complaint under Section 138 of the Negotiable Instruments Act, 1881 (hereinafter referred to as "the Act").

(3.) LEARNED counsel for the respondent, on instructions from Surinder Pal. Assistant Sub Inspector, submits that the petitioners have appeared before the Investigating Officer to join investigation, however, an amount of ' 50,00,000 is to be recovered from them.