2022 (9) TMI 1520

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.... Mr.Prateek Singh, Mr.Gaurav Chaudhry and Mr.Anurag Sharma, Advocates. For the Respondents : Mr.Harpreet Singh Popli, APP for the State with ACP Manoj Kumar, EOW. Mr.Madhav Khurana and Mr.Vignaraj Pasayat, Advocates for R-2. ORDER CRL.M.A.19886/2022 1. Exemption allowed, subject to all just exceptions. 2. The application stands disposed of. CRL.M.C. 4972/2022 & CRL.M.A.19885/2022....

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....premised on an allegation the Petitioners have embezzled, siphoned off and mis-appropriated loan amount which had been disbursed by M/s Yes Bank Limited, towards the development of Gurugram Hospital and also with respect to non-payment of salaries; the reduction of the equity shareholding of the Respondent no. 2 and also alleged falsification of accounts. On 14.10.2021 during the course of investi....

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....ues Certificate was issued by the Yes Bank to the Petitioner no. 2, qua the credit facility sanctioned to it. Other creditor of the Petitioners i.e. M/s Piramal Capital & Housing Finance Limited has also issued an undertaking dated 23.08.2022 after the receipt of Rs.30 Crores in terms of the settlement arrived between the parties and has discharged Petitioner No. 1 & Petitioner No. 2 from its exis....

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....objection if FIR is quashed provided the original Resolution of M/s Nayati Charitable Trust signed by three trustees Niira Radia, Karuna Menon and Satish Kumar Narula is handed over to him during the course of the day. The petitioners agree to it. 7. Secondly, the petitioners have withdrawn the complaint filed by Nayati Charitable Trust, Nayati Healthcare and Research NCR Pvt. Ltd. and Naarayan....