IN THE HIGH COURT FOR THE STATES OF PUNJAB & HARYANA AT CHANDIGARH. Crl. Misc. No. M-5554 of 2011 (O&M) Date of decision : 22.2.2011 Davinder Singh Sethi ...Petitioner Versus Rakesh Jain ...Respondent CORAM: HON'BLE MR. JUSTICE RAJAN GUPTA Present: Mr. Pankaj Maini, Advocate for the petitioner. Rajan Gupta, J. (oral) This is a petition under Section 438 Cr.P.C. seeking pre- arrest bail in a complaint case under Section 138 of Negotiable Instruments Act read with Section 420 IPC, pending in the court of Judicial Magistrate Ist Class, Ludhiana, in which the petitioner's bail bonds have been cancelled. After arguing at some length, learned counsel for the petitioner submits that he be allowed to withdraw the present petition with liberty to the petitioner to surrender before the trial court and seek regular bail. In view of the statement made by learned counsel for the petitioner, this petition is dismissed as withdrawn with the liberty as aforesaid. In case the petitioner surrenders before the trial court within ten days from today and applies for regular bail, his plea shall be decided within three days thereafter. Arrest of the peitioner shall remain stayed till decision of his bail application. (RAJAN GUPTA) JUDGE 22.2.2011 'rajpal'