Crl.M.No.11020-M of 2010 #1# IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH Crl.M.No.11020-M of 2010 Date of order: 6.9.2010 Gurmeet Singh ....Petitioner vs. State of Punjab ....Respondent CORAM: HON'BLE MR. JUSTICE JASWANT SINGH Present: Mr. S.K. Sandhir, Advocate for the petitioner. Mr. Gaurav Garg Dhuriwala, AAG, Punjab. JASWANT SINGH, J (ORAL) Prayer under Section 438 Cr.P.C is for grant of anticipatory bail in case FIR No.82 dated 28.3.2010 under Section 420 IPC, P.S Payal, Police District Khanna, Ludhiana. Facts in brief are that the petitioner-Gurmeet Singh was one of the three partners in the partnership firm under the name and style of M/s Consolidated Farmers & Company and engaged in the business of acting as commission agent for the farmers. He left partnership firm in the year 2006 on account of inter se dispute between the partners. Thereafter, the petitioner is alleged to have taken a loan from the complainant-Gurdeep Singh to the tune of Rs.6,50,000/- on interest to commence his own independent business of commission agent. Finally in the year 2009, the accounts between the petitioner-Gurmeet Singh and the complainant- Gurdeep Singh were settled whereby a sum of Rs.2,12,360/- were paid in Crl.M.No.11020-M of 2010 #2# cash to the complainant and a self cheque dated 13.11.2009 of Rs.4,50,000/- was issued and handed over to the complainant-Gurdeep Singh to discharge the debt liability. As per allegations, the aforesaid cheque dated 3.11.2009 was not honored as it was drawn by the accused-petitioner Gurmeet Singh in the account of the firm of which he was no longer a partner since the year 2006. It is, thus, alleged that the petitioner has cheated the complainant and evaded repayment of huge amount. It is also alleged that the petitioner is involved in two other similar frauds. After hearing learned counsel for the parties and keeping in view the nature and gravity of offence against the poor farners, I find that the custodial interrogation of the petitioner is necessary for effective investigation. No ground to grant the concession of anticipatory bail exists. Dismissed. September 06, 2010 ( JASWANT SINGH ) manoj JUDGE