IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Crl.Misc.No.M-26059 of 2009 (O&M) Date of decision : 30.11.2009 Kulwant Singh Nagi ....Petitioner Versus State of Punjab ...Respondent CORAM : HON'BLE MR.JUSTICE MAHESH GROVER .... Present: Mr.Pardeep Rajput, Advocate for the petitioner. Mr.M.S.Sindhu, Addl.A.G., Punjab for the State. .... MAHESH GROVER, J. This is a petition under Section 438 Cr.P.C. wherein the learned counsel for the petitioner contended that the complainant himself was in the business of running a chit fund company with the petitioner and had set up a registered company for the said purpose. The FIR has been registered pertaining to transactions which had taken place in the year 1999 and that the complainant had taken loan from the petitioner for which he had given blank cheques which on presentation bounced leading to the filing of complaints under Section 138 of the Negotiable Instruments Act by the petitioner against the complainant. The instant proceedings were said to be a counter-blast to the proceedings initiated by the petitioner. Crl.Misc.No.M-26059 of 2009 (O&M) -2- Noticing this contention this court on 5.10.2009 had granted interim protection to the petitioner subject to the condition that he complies with the provisions of Section 438(2) Cr.P.C. It has now been contended by the learned counsel for the petitioner that the petitioner has since joined the investigation which fact has not been controverted by the learned counsel appearing for the State on instructions from SI Kuldeep Singh. Having regard to the aforesaid, the present petition is allowed and the interim directions dated 5.10.2009 are hereby made absolute till the filing of the challan subject to the condition that the petitioner continues to comply with the provisions of Section 438(2) Cr.P.C. 30.11.2009 (MAHESH GROVER) JUDGE dss