Allowed

Saurav Aggarwal v. the State (Gnct of Delhi)

Delhi HC4 Feb 2026BAIL APPLN./2675/2025

Case brief

AI extract

What is this about?

Anticipatory bail sought in a cheating FIR arising from unpaid loan amounts and bounced cheques for dry-fruit transactions. The court noted substantial repayment, absence of dishonest intention at inception and pending Section 138 NI Act proceedings, and granted anticipatory bail with conditions to join investigation.

What did the court decide?

Anticipatory bail: release on arrest on personal bond of Rs.50,000 with one surety each, subject to joining investigation as directed by IO.

Saurav Aggarwal Vs the State (Gnct of Delhi) — Cheque Dishonour | Delhi HC (2026)

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$~1&2

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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% Date of Decision: 04.02.2026

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- BAIL APPLN. 2674/2025

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PREETI AGGARWAL .....Petitioner

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Through: Ms. Nusrat Hossain, Mr. Afroz Khan and Ms. Sarv Mangla, Advocates.

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versus

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THE STATE (GNCT OF DELHI) .....Respondent Through: Mr. Amit Ahlawat, APP for State with IO/SI Amit Kumar. Mr. Dhananjay Mittal, Advocate for complainants.

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+ BAIL APPLN. 2675/2025

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SAURAV AGGARWAL

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.....Petitioner

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Through: Ms. Nusrat Hossain, Mr. Afroz Khan and Ms. Sarv Mangla, Advocates.

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versus

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THE STATE (GNCT OF DELHI)

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.....Respondent Through: Mr. Amit Ahlawat, APP for State with IO/SI Amit Kumar. Mr. Dhananjay Mittal, Advocate for complainants.

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CORAM: JUSTICE GIRISH KATHPALIA

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BAIL APPLNs. 2674/2025 & 2675/2025

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Page 1 of 5 pages Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, GIRISH 2.5.4.20=8401dd889b27a77b2f65ffffe4afec45569af3962c6 fb4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d15570996b40f80 KATHPALIA cbd2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Date: 2026.02.04 17:30:05 -08'00'

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Signature Not Verified

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Digitally Signed By:NEETU N NAIR Signing Da te:0 4.02.2026 17:31:49

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J U D G M E N T (ORAL)

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The accused/applicants seek anticipatory bail in case FIR No.67/2025 of Police Station R.K. Puram for offence under Section 420/406/34 IPC.

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In furtherance of last order, I have heard learned counsel for accused/applicants and learned APP assisted by IO/SI Amit Kumar and counsel for complainants Abhishek and Saurabh Goel.

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Broadly speaking, prosecution case as culled out of the investigation file is as follows. The FIR was registered on joint complaint of Abhishek and Saurabh Goel. The accused/applicants and the complainant Abhishek had multiple business transactions, related to dairy products, as reflected in the bank account statements shown today. It appears that since parties were already transacting with each other, the accused/applicants took loan on few occasions from the complainant Abhishek . Part of that loan amount was also paid back by the accused/applicants, according to the complainants Abhishek and Saurabh Goel. Further according to the complainants, subsequently the accused/applicants developed dishonest intention and did not pay back the balance loan amount. Since the loan repayment cheques got bounced, proceedings under Section 138 Negotiable Instruments Act were initiated against the accused/applicants. Another part of the alleged cheating according to the FIR is that the accused/applicants took delivery of dry fruits from Saurabh Goel as a business transaction but the cheques of payments of consideration issued by the accused/applicants got bounced, so proceedings under Section 138 Negotiable Instruments Act were initiated.

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BAIL APPLNs. 2674/2025 & 2675/2025

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Page 2 of 5 pages

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GIRISH KATHPALIA Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec45569af3962c6fb4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d15570996b40f80cbd2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Date: 2026.02.04 17:30:21 -08'00'

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Signature Not Verified

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Digitally Signed By:NEETU N NAIR Signing Da te:0 4.02.2026 17:31:49

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Against the above backdrop, on last date, the IO had taken time to produce documentary material related to the dairy business between the parties since the FIR is silent about the same. Today, learned APP has pointed out bank account statements which record payments made towards milk, butter and dairy products. One wonders as to why in the FIR, there was no mention of dairy business between the parties.

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Learned APP for State submits that after last date, the accused/applicants joined investigation but remained evasive and did not produce documents related to sale of dry fruits and the rent agreement of the place where they allegedly started business. Learned APP also submits that the accused/applicants do not dispute having accepted the loan amount and having not paid back the same. As regards the contention of the accused/applicants recorded on last date, the learned APP assisted by learned counsel for complainants and the IO admits that a sum of Rs.2,66,00,000/- was paid by the accused/applicants to the complainants and now only Rs.1,31,00,000/- is outstanding. However, it is explained by learned APP that the amount of Rs.2,66,00,000/- paid by the accused/applicants does not pertain to the transactions involved in the present FIR.

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To begin with, even if it was for transactions other than the loan and dry fruit transactions involved in the present case, for consideration of anticipatory bail on the allegations of cheating, one cannot ignore the

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BAIL APPLNs. 2674/2025 & 2675/2025

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Page 3 of 5 pages GIRISH Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec45569af3962c6fb4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d15570996b40f80cb KATHPALIA d2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Date: 2026.02.04 17:30:34 -08'00'

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Signature Not Verified

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Digitally Signed By:NEETU N NAIR Signing Da te:0 4.02.2026 17:31:49

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amount paid ( Rs.2,66,00,000/- ) as against the amount allegedly outstanding ( Rs.1,31,00,000/- ). This would be relevant in deciding the prima facie existence of the offence of cheating.

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Another aspect to be kept in mind while considering the prima facie case for cheating is complainants’ own statement that initially part of loan amount was repaid. In other words, there is no allegation of existence of dishonest intention at the inception of the transactions. There has to be a difference between an ordinary business transaction which fails and an act of cheating. Merely with the use of words “inducement” or “misrepresentation” or “dishonest intention” in the complaint, the offence of cheating cannot be made out; it is the overall facts and circumstances that have to be analysed in order to ascertain prima facie commission of the offence.

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As mentioned above, the accused/applicants admittedly joined investigation after last date as well. The argument of learned prosecutor that the accused/applicants were evasive in their interrogation cannot be a ground to deny them liberty. It is the investigatorial skills of the investigator which matter. If the interrogator is unable to elicit the requisite information in the course of interrogation, the accused joining investigation cannot be faulted with. No accused is under a duty not to be smart.

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As mentioned above proceedings under Section 138 Negotiable Instruments Act are already pending against the accused/applicants.

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BAIL APPLNs. 2674/2025 & 2675/2025

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Page 4 of 5 pages GIRISH Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec45569af3962c6fb4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d15570996b40f80cb KATHPALIA d2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Date: 2026.02.04 17:30:48 -08'00'

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Signature Not Verified

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Digitally Signed By:NEETU N NAIR Signing Da te:0 4.02.2026 17:31:49

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Considering the overall circumstances as described above, I find no reason to deprive the accused/applicants liberty. The applications are allowed and it is directed that in the event of their arrest, the accused/applicants shall be released on bail, subject to each of them furnishing a personal bond in the sum of Rs.50,000/- with one surety each in the like amount to the satisfaction of the IO/SHO concerned. It is also directed that the accused/applicants shall join investigation as and when directed by the IO in writing. Of course, nothing discussed above shall have bearing on final outcome of the trial.

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GIRISH KATHPALIA

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Digitally signed by GIRISH KATHPALIA DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec4556 9af3962c6fb4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - 7047638, postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d15570 996b40f80cbd2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Date: 2026.02.04 17:31:01 -08'00'

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GIRISH KATHPALIA (JUDGE)

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FEBRUARY 04, 2026/ ry

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BAIL APPLNs. 2674/2025 & 2675/2025

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Page 5 of 5 pages

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Signature Not Verified Digitally Signed By:NEETU N NAIR Signing Da te:0 4.02.2026 17:31:49

Saurav Aggarwal v. the State (Gnct of Delhi)

Case brief

What is this about?

What did the court decide?

Saurav Aggarwal v. the State (Gnct of Delhi)

Case brief

What is this about?

What did the court decide?

What the court decided

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