CHETAN JASSAL AND ANOTHER vs M/S GOPIKA INDUSTRIES AND ANOTHER — CRM-M/8373/2020

Case Summary: CRM-M/8373/2020 The Punjab & Haryana High Court disposed of this petition after the parties settled their dispute through mediation. Petitioners Chetan Jassal and Yogesh Jassal had sought quashing of a cheque-bounce complaint (₹41,07,292) filed under Section 138 of the Negotiable Instruments Act, arguing they had no liability as the partnership firm M/s Sun Feeds was dissolved on 30.09.2018, and the cheque was issued by the subsequent sole proprietor, Pankaj Jha. The parties reached a settlement requiring the first party to pay ₹50 lakhs to M/s Gopika Industries in two instalments, with the complainant agreeing to withdraw the criminal complaint and related recovery suit. The court disposed of the petition as infructuous while directing that if the complaint is not withdrawn within three months, the petitioners may seek revival. This case analysis is maintained by casestatus.in based on publicly available court records.