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HomeHigh CourtDelhi High CourtState Of Nct Of Delhi vs Ankit Jhamb on 18 February, 2026

State Of Nct Of Delhi vs Ankit Jhamb on 18 February, 2026

Delhi High Court

State Of Nct Of Delhi vs Ankit Jhamb on 18 February, 2026

Author: Neena Bansal Krishna

Bench: Neena Bansal Krishna

                          *      IN THE HIGH COURT OF DELHI AT NEW DELHI
                          %                                          Reserved on: 24th November, 2025
                                                                   Pronounced on: 18th February, 2026

                          +                            CRL.MC. 7330/2025
                                 STATE (NCT OF DELHI)                                   .....Petitioner
                                              Through:             Mr. Utkarsh, APP for the State with
                                                                   SI Sanjeet Singh
                                                       versus
                                 ANKIT JHAMB
                                 S/o Sh. Surinder Jhamb
                                 R/o T-5, 2-A, Sant Nagar,
                                 Rani Bagh, Saraswati Vihar,
                                 Delhi-110034.                                       .....Respondent
                                                    Through:       Mr. Deepak Kohli, Advocate

                          +                            CRL.MC. 4163/2025
                                 AVIATION SERVICES LLC
                                 Regd. Office at TVARDOVSKOGO UL,
                                 12-2IV/13, 123458, MOSCOW, RF 123458
                                 Through its Authorized Representative
                                 Mr. Himanshu Shekhar
                                 R/o N-212, 2nd Floor,
                                 Greater Kailash-1,
                                 New Delhi -110048
                                 Email: [email protected]                        .....Petitioner
                                                    Through: Mr. B.K Singh, Mr. Narendra Kumar
                                                               and Ms. Shattika Haldar, Advocates
                                                    versus
                          1.     STATE (NCT OF DELHI)
                                 Through Deputy Commissioner of Police,
                                 Economic Offences Wing,
                                 Mandir Marg,
                                 New Delhi-110001
                                 Email: [email protected]


Signature Not Verified
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                           2.     MR. ANKIT JHAMB
                                 S/o Surinder Jhamb
                                 R/o T-5 2-A, Sant Nagar,
                                 Rani Bagh, Saraswati Vihar,
                                 North West, Delhi-110034.
                                 Email: [email protected]                 .....Respondents
                                                   Through: Mr. Utkarsh, APP for the State with
                                                             SI Sanjeet Singh Mr. Deepak Kohli,
                                                             Advocate for R-2

                          CORAM:
                          HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA
                                                       J U D G M         E N T
                          NEENA BANSAL KRISHNA, J.

1. Both the Petitions are being decided together as they involve similar
facts and question of law.

CRL. M.C. 7330/2025

2. Petition under Section 528 of Bharatiya Nagarik Suraksha Sanhita,
2023 (hereinafter referred to as “BNSS”) / Section 482 of the Code of
Criminal Procedure, 1973 (hereinafter referred to as “Cr.P.C.”) read with
Section 483(3) BNSS/Section 439(2) Cr.P.C. have been filed on behalf of
the Petitioner/State (NCT of Delhi) seeking cancellation of Anticipatory
Bail of Respondent, Ankit Jhamb granted vide Order dated 22.04.2025
passed by Ld. ASJ-05, Patiala House Courts, New Delhi in FIR No. 41/2024
under Sections 420/406/468/471/120B of the Indian Penal Code, 1860
(hereinafter referred to as “IPC“), at P.S. EOW.

3. The brief facts of the case are that the present FIR was registered on
the Complaint of Mr. Himanshu Shekhar, Authorized Representative of

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M/s Aviation Service LLC (a Russian Company). It was alleged that in
2022, Ms. Olga Basha, senior official VTB Bank introduced one Mr. Rohit
Jain to the Complainant. On 28.11.2022, Mr. Igor Malyshknov, Senior
representative of the Complainant Company had a meeting with Rohit Jain
regarding providing services to various foreign Companies to do business
with India. Upon discussion, Mr. sRohit Jain advised to facilitate the supply
of car spare parts and aviation goods through M/s Mangalam Traders, a
proprietorship of Ankit Srivastav. A Delivery Agreement dated 30.01.2023
was executed.

4. The Complainant further stated that Mr. Rohit Jain shared the
Proforma Invoice of purported supplier’s M/s Impex International FZE and
Aerojet Baltic, UAB, as stated to be obtained by Mangalam Traders for rates
of the goods as required by the Complainant Company. On the basis of
proforma Invoices forwarded by Rohit Jain, believing it to be genuine, the
Complainant paid Rs.6,05,99,675.58/. However, no goods were delivered.

5. Consequently, FIR No. 41/2024 under Sections
420
/406/468/471/120B IPC at P.S. EOW, was registered.

6. Investigation revealed that although the Complainant’s account was
not maintained with JSC VTB Bank, intermediary transactions totalling to
Rs. 6,05,99,625.28 were routed through VTB Bank (PJSC), Russia, between
20.02.2023 and 17.03.2023, as under:

                                                     Date                Amount
                                                     20.02.2023          3366633.28
                                                     06.03.2023          1821493.00
                                                     06.03.2023          41174640.00
                                                     15.03.2023          11015600.30
                                                     17.03.2023          3221309.50
                                                     Total               6,05,99,625.28


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7. Notices under Section 91 Cr.P.C were issued to concerned persons
and Banks, namely, Ms. Olga Basha (the then head of JSC VTB Bank),
Branch Manager ICICI Bank. The analysis of the account of M/s Mangalam
Traders (ICICI Bank, A/c No. 036705501542) revealed that the Current
Bank A/c has been opened as proprietorship Firm M/s Mangalam Traders,
Proprietor, Ankit Srivastav on 24.11.2021 and closed on 13.10.2023. As per
the scrutiny of the statements of the aforesaid bank Account, the information
regarding further transfer of funds into the accounts of beneficiaries, have
been identified.

8. The analysis further revelated that the cheated amount exceeding Rs.
6 crore, was credited into this Account and subsequently transferred to five
entities, including M/s AJ Steel (Account Holder: Ankit Jhamb), M/s RJ
Enterprises (Account Holder: Rajbir Singh), M/s BRISK Traders (Account
Holder: Himanshu), M/s AV Global Trading (Account Holder: Vishal
Oberoi), and M/s Invergise Global Pvt. Ltd (Account Holder: Deepak
Kumar, Vinod Maherkar).

9. The analysis of beneficiary Accounts revealed further diversion of
funds. The bank Accounts were debit frozen and further beneficiary details
are under verification.

10. Notice under Section 41A Cr.P.C was issued to Mr. Rohit Jain to
join the investigation, to which he responded that he was introduced to Mr.
Igor Malyshkov by Ms. Olga Basha and as a lawyer, he could benefit by
their contractual Agreements and rending legal opinion.

11. Mobile number 7303340418, linked to Mangalam Traders’ account
since inception, was registered in the name of one Jatin (since deceased).

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CDR analysis showed it was used only for receiving bank SMS alerts and
was primarily operational near the residence of Respondent, Ankit Jhamb.

12. Notice under Section 41A Cr.P.C was issued to Ankit Srivastav and
stated that the Account of M/s Mangalam Traders was opened at the
instance of Respondent, Ankit Jhamb and his brother Ankur Jhamb, and that
they operated the account. He acknowledged signing cheques and being
aware of the linked mobile number.

13. Further investigation revealed that M/s AJ Steel (Respondent’s firm)
received Rs. 53.34 lakhs from 20.02.2023 to 06.03.2023 from M/s
Managlam Traders. M/s AJ Steel received Rs. 2,20,92,562/- from M/s RJ
Enterprises from 06.03.2023 and 14.03.2023.

14. A sum of Rs. 50 lakh was transferred to M/s AV Global on
13.03.2023.

15. M/s RJ Enterprises received Rs. 2,38,69,992/- from M/s Mangalam
Traders from 06.03.2023 and 18.03.2023.

16. It is submitted that besides, the Respondent receiving Rs. 3.15 crore
of misappropriated amount in the account of M/s AJ steel, he was also
operating the account of M/s RJ Enterprises, the other illegal beneficiary.

17. It is submitted that the Ld. ASJ granted interim protection to
Respondent, Ankit Jhamb with direction to join investigation. He stated that
on the instructions of one Sumit Walia, he had received the payment of Rs.
53.34 lakhs, between 20.02.2023 and 06.03.2023, from the Account of M/s
Mangalam Traders in the Account of his firm M/s AJ Steel and further
transferred Rs. 50 lakhs (on 13.03.2023) to M/s AV Global Company.

18. It is further stated that Ankit Jhamb of M/s AJ Steel has also received
Rs. 2.21 crores approx. during the period between 06.03.2023 and

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14.03.2023, from the account of M/s RJ Enterprises. Pertinently, the amount
of Rs. 2.38 crores approx. between 06.03.2023 and 18.03.2023, was
received in the bank Account of M/s RJ Enterprises from the Account of
M/s Mangalam Traders.

19. An amount of Rs. 1,04,92,000/- (during the period between
20.02.2023 and 15.03.2023) has been transferred to Sumit Walia, from the
Account of M/s AJ Steel.

20. The Respondent, however, failed to produce any Invoices or
documents justifying these transactions.

21. Sumit Walia denied issuing any instructions to Respondent, Ankit
Jhamb and denied knowledge of M/s Mangalam Traders or M/s RJ
Enterprises, stating that payments received were loan repayments.

22. CDR and IMEI analysis established that on 27.06.2023, the SIM
linked to M/s Mangalam Traders’ Account, was inserted into a handset
connected to Respondent’s email ID. The Tower location of both the said
number and Respondent’s personal number, placed them in Mussoorie
simultaneously, indicating active linkage.

23. Despite repeated notices under Section 41A Cr.P.C, Respondent
initially did not cooperate and sought Anticipatory Bail, on grounds of
parity. The I.O. opposed the Bail, stating that respondent operated the
accounts used to divert Rs. 6,05,99,675.58/- and custodial interrogation was
required for recovery of cheated funds.

24. However, vide Order dated 22.04.2025, the Ld. ASJ granted
Anticipatory Bail to Respondent, Ankit Jhamb.

25. It is submitted that under Section 439(2) Cr.P.C., this Court is
empowered to cancel Bail where the Order granting Bail, suffers from legal

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infirmity or where custodial interrogation is necessary. As held in State
(Delhi Administration) vs. Sanjay Gandhi
, (1978) 2 SCC 411, “Rejection of
bail when bail is applied for, is one thing; cancellation of bail already
granted is quite another”.

26. Reliance is also placed on Dolat Ram vs. State of Haryana, (1995) 1
SCC 349 wherein the Apex Court held that “where a bail order is passed in
disregard of material facts or in arbitrary manner, it can be set aside”.

Similarly, reliance is placed on Prahlad Singh Bhati vs. NCT of Delhi,
(2001) 4 SCC 280.

27. Reliance is also placed on Dr. Narendra K. Amin vs. State of Gujarat
and Anr.
, 2008 (6) SCALE 415, the Apex Court held that consideration of
irrelevant materials, renders the bail Order vulnerable and liable to be set
aside.

28. Reliance is also placed on Prasanta Kumar Sarkar vs. Ashis
Chatterjee
, (2010) 14 SCC 496; Prakash Kadam and others vs. Ramprasad
Viswanath Gupta and Another
, (2011) 6 SCC 189; Neeru Yadav vs. State of
UP
, (2014) 16 SCC 508; Anil Kumar Yadav vs. State (NCT of Delhi), (2018)
12 SC 129; State of Kerala vs. Mahesh, AIR 2021 SC 2071; Abdul Basit vs.
Abdul Kadir Choudhary
, (2014) 10 SCC 754; Mahipal v. Rajesh Kumar,
(2020) 2 SCC 118; Deepak Yadav vs. State of U.P. and Anr., Criminal
Appeal No. 861 of 2022.

29. Reliance is placed on Pinki vs. State of Uttar Pradesh and Anr., 2025
INSC 482 wherein the bail granted to the accused therein was cancelled,
after a detailed consideration of the facts and the gravity of the offence,
namely, child trafficking as well as the legal principles. The Apex Court
underscored that while personal liberty is a cherished constitutional value, it

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is not absolute. Liberty must yield where it poses a threat to the collective
interest of society. No individual can claim a liberty that endangers the life
or liberty of others, as the rational collective cannot tolerate anti-social or
anti-collective conduct.

30. Thus, it is submitted that the impugned Order dated 22.04.2025
passed by Ld. ASJ, Patiala House Courts is ex facie unsustainable as it is
contrary to the material on record and suffers from serious non-application
of mind to the facts and law involved.

31. Hence, a prayer is made that the Order dated 22.04.2025 be set aside
and the Anticipatory Bail granted to the Respondent be cancelled.

32. A Reply has been filed on behalf of the Respondent, Ankit Jhamb
wherein it is submitted that at the outset, all averments and contentions
raised in the present Petition are denied.

33. It is submitted that M/s AJ Steels is not a beneficiary of any alleged
cheated amount. No cheated amount was credited to the Firm. There were
business/loan transactions between M/s Mangalam Traders and M/s AJ
Steels much before the alleged transactions.

34. It is specifically denied that the said mobile phone was mostly
operational in the locality of the residence of respondent Ankit Jhamb,
Proprietor of M/s AJ Steels.

35. It is also submitted that Ankit Srivastav was not an employee of the
Respondent or his brother. He is the proprietor of M/s Mangalam Traders
and opened its bank Account himself. There is no evidence showing he
worked for the Respondent.

36. It is admitted that Ankit Srivastav opened the bank Account of M/s
Mangalam Traders and his photograph appears on the Account Opening

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Form. Ankit Srivastav is the authorized signatory of the account of M/s
Mangalam Traders.

37. It is further submitted that M/s AJ Steels received Rs. 2,20,92,562/-
from M/s RJ Enterprises, during the stated period. The transactions were
part of regular business dealings since 2021. Proper tax Invoices of business
transactions between the two Firms, were submitted during investigation.

38. The Respondent has joined investigation whenever called and replied
to Notice under Section 91 Cr.P.C., with documents. There is no material
showing that Respondent operated the accounts of M/s Mangalam Traders
or M/s RJ Enterprises.

39. The Respondent has justified all transactions. There were prior
business/loan dealings with M/s Mangalam Traders, M/s RJ Enterprises and
Sumit Walia. It is submitted that there was no loan outstanding, which was
to be paid by Respondent to Sumit Walia. These were just the regular
transactions between the Respondent and Sumit Walia, even before the
alleged cheated amount was credited to M/s Mangalam Traders.

40. Furthermore, it is submitted that there is no documentary evidence
regarding alleged tower location in Mussoorie. The Respondent’s phone was
lost and Complaint dated 28.11.2024 was lodged. SIM was used in another
handset, thereafter. The Respondent has cooperated in investigation,
justified transactions, and no custodial interrogation is required.

41. It is submitted that the judgments relied upon by the Petitioner, are
not applicable. It is settled law that Bail once granted, should not be
cancelled mechanically. Reliance is placed on Deepak Yadav vs. State of
U.P.
, Dolat Ram vs. State of Haryana, Kailash Kumar vs. State of H.P.,
and Ankit Mishra vs. State of M.P., wherein it stated that cancellation

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requires cogent and overwhelming circumstances such as misuse of liberty,
tampering of evidence, absconding, or interference with trial. No such
circumstance exists in the present case.

42. Furthermore, the Order dated 22.04.2025 passed by Ld. ASJ is a
detailed, reasoned order passed after considering the Status Report and
material on record. There is no ground for cancellation of bail.

43. Hence, the Petition is liable to be dismissed.

CRL. M.C. 4163/2025:

44. Petition under Section 528 BNSS/Section 483(3) Cr.P.C. filed on
behalf of the Complainant/Petitioner/Aviation Services, LLC against
Order dated 28.05.2025 passed by Ld. ASJ-05, New Delhi District, Patiala
House Courts whereby the Application for cancellation of Bail of
Respondent, Ankit Jhamb granted vide Order 22.04.2025, was
dismissed.

45. The Petitioner was cheated of Rs. 6,05,99,675.58/-, transferred to
Account No. 036705501542 of M/s Mangalam Traders (Prop. Ankit
Srivastav) for export of goods. The amount was allegedly diverted to illegal
beneficiaries including M/s AJ Steel (Prop. Ankit Jhamb), M/s RJ
Enterprises and others. FIR No. 41/2024 was accordingly registered.

46. The Complainant submits that accused Rohit Jain, Ankit Srivastav,
and other named accused deliberately committed cognizable offences and
misappropriated Rs.6,05,99,675.58/-. Despite Notices, they have avoided
investigation and failed to account for the siphoned amount. Acting in
conspiracy, they continue to benefit from the misappropriated funds, as
reflected in the ATRs dated 01.10.2024 and 28.01.2025 filed before the Ld.
CMM, Patiala House Courts, New Delhi.

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47. The Apex Court in Puran vs. Rambilas, (2001) 6 SCC 338 held that
Bail can be cancelled where material evidence is ignored and a perverse
Order granting bail, is passed in serious offences.

48. It is submitted that more than two years have elapsed; no recovery of
cheated amount has been made and investigation remains incomplete. The
Ld. Sessions Court failed to consider that Respondent No.2 is influential and
capable of influencing witnesses and tampering with the evidence.

49. Lastly, it is submitted that the Respondent, Ankit Jhamb filed
Anticipatory Bail claiming parity with co-accused, Sumit Walia. The
impugned Order suffers from non-consideration of material facts and
warrants interference under Section 483(3) read with Section 528 BNSS.

50. This, the present petition is bona fide and filed in the interest of
justice.

51. The Investigating Officer filed detailed Replies dated 07.04.2025,
15.04.2025 and 19.04.2025 stating inter alia:

a. Respondent did not join investigation despite Notices.
b. Rs. 3.15 Crores of misappropriated money was received in M/s
AJ Steel.

c. He and his brother operated accounts of M/s Mangalam Traders
and M/s RJ Enterprises, wherefrom the whole amount of Rs.
6,05,99,675.58 was diverted / misappropriated.
d. Mobile number linked to Mangalam Traders account was active
in his locality.

e. IP logs of transactions were traced to his address.

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52. It is submitted that despite these materials, Ld. ASJ granted
Anticipatory Bail on 22.04.2025 observing parity and treating him as second
layer beneficiary.

53. The Petitioner filed an Application for cancellation of Bail, before the
Sessions Court pursuant to the liberty granted by this Court vide order
dated 05.05.2025. However, vide impugned Order dated 28.05.2025, the
Ld. ASJ dismissed the cancellation Application without properly
appreciating investigation reports and incriminating materials.

54. A Reply has been filed by the Respondent, Ankit Jhamb wherein
in addition to the averments already made, it is stated that there is nothing on
record to show that Respondent No. 2 opened or operated the Accounts of
Mangalam Traders or RJ Enterprises. Bail was granted after due
consideration, and Respondent No. 2 has complied with all conditions.

55. It is specifically denied that Ankit Srivastav received threats from
Respondent No. 2. The allegations are claimed to be false and baseless.
Respondent No. 2 has complied with all Bail conditions.

56. Hence, the present Petition is liable to be dismissed.
Submissions heard and record perused.

57. Before considering the contentions on merit, it is significant to
observe that there is a distinction between recall and cancellation of Bail.

While recall can be made only if it is established that Bail has been granted
by not considering the relevant facts on merits, cancellation is prompted by
subsequent events and violation of terms of Bail by the Respondent.

58. The Apex Court in Y vs. State of Rajasthan, (2022) 9 SCC 269
underscored that an order granting bail can be tested on illegality, perversity,
arbitrariness and being based on unjustified material. While setting aside

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the order granting bail, the Court made the following observations
highlighting the distinction between recall and cancellation of bail:

“15. It is worth noting that what is being considered in this
case relates to whether the High Court has exercised the
discretionary power under Section 439 CrPC in granting
bail appropriately. Such an assessment is different from
deciding whether circumstances subsequent to the grant of
bail have made it necessary to cancel the same. The first
situation requires the Court to analyse whether the order
granting bail was illegal, perverse, unjustified or arbitrary.
On the other hand, an application for cancellation of bail
looks at whether supervening circumstances have
occurred warranting cancellation.”

59. Three-Judge Bench of Apex Court in P vs. State of M.P., (2022) 15
SCC 211 has explained the considerations that must weigh with the Court
for interfering in an Order granting bail to an accused under Section 439(1)
CrPC as under:

“24. …..To put it differently, in ordinary circumstances,
this Court would be loathe to interfere with an order
passed by the court below granting bail but if such an
order is found to be illegal or perverse or premised on
material that is irrelevant, then such an order is
susceptible to scrutiny and interference by the appellate
court.”

60. In the recent case of Ajwar vs.Waseem, (2024) 10 SCC 768, it was
observed as under:

“27. It is equally well settled that bail once granted, ought
not to be cancelled in a mechanical manner. However, an
unreasoned or perverse order of bail is always open to
interference by the superior court. If there are serious
allegations against the accused, even if he has not misused
the bail granted to him, such an order can be cancelled by

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the same Court that has granted the bail. Bail can also be
revoked by a superior court if it transpires that the courts
below have ignored the relevant material available on
record or not looked into the gravity of the offence or the
impact on the society resulting in such an order.”

61. It has been further observed in Ajwar, (supra):

“28. The considerations that weigh with the appellate court
for setting aside the bail order on an application being
moved by the aggrieved party include any supervening
circumstances that may have occurred after granting relief
to the accused, the conduct of the accused while on bail,
any attempt on the part of the accused to procrastinate,
resulting in delaying the trial, any instance of threats being
extended to the witnesses while on bail, any attempt on the
part of the accused to tamper with the evidence in any
manner.”

62. In the recent judgement of Ashok Dhankad, (supra), the Apex Court
has reiterated that while considering as to whether bail ought to be granted
in a matter involving a serious criminal offence, the Court must consider
relevant factors like the nature of the accusations made against the accused,
the manner in which the crime is alleged to have been committed, the
gravity of the offence, the role attributed to the accused, the criminal
antecedents of the accused, the probability of tampering of the witnesses and
repeating the offence, if the accused are released on bail, the likelihood of
the accused being unavailable in the event bail is granted, the possibility of
obstructing the proceedings and evading the courts of justice and the overall
desirability of releasing the accused on bail.

63. It summarized the factors for consideration for setting aside of Bail
Orders as under:

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“19. The principles which emerge as a result of the
above discussion are as follows:

(i) An appeal against grant of bail cannot be
considered to be on the same footing as an application for
cancellation of bail;

(ii) The Court concerned must not venture into a
threadbare analysis of the evidence adduced by prosecution.
The merits of such evidence must not be adjudicated at the
stage of bail;

(iii) An order granting bail must reflect application of
mind and assessment of the relevant factors for grant of bail
that have been elucidated by this Court.

(iv) An appeal against grant of bail may be entertained
by a superior Court on grounds such as perversity; illegality;

inconsistency with law; relevant factors not been taken into
consideration including gravity of the offence and impact of
the crime;

(v) However, the Court may not take the conduct of an
accused subsequent to the grant bail into consideration while
considering an appeal against the grant of such bail. Such
grounds must be taken in an application for cancellation of
bail; and

(vi) An appeal against grant of bail must not be allowed
to be used as a retaliatory measure. Such an appeal must be
confined only to the grounds discussed above.”

64. In the light of aforesaid principles, the contentions raised in the
present Petition be now considered. The present Petitions essentially do not
disclose any supervening circumstance warranting cancellation.

65. Firstly, the grounds urged are essentially a reiteration of the
allegations forming the basis of the FIR and the magnitude of the alleged
financial transactions. Mere seriousness of the accusations or the quantum
involved, in the absence of misconduct post the grant of Bail, does not

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constitute a ground for cancellation within the parameters laid down in
Dolat Ram, (supra).

66. Secondly, in the Order dated 22.04.2025 granting Anticipatory Bail,
the Ld. ASJ considered the Status Report of the Investigating Officer, the
nature of the alleged financial trail, the documentary character of the
evidence, and the fact that the offences invoked are punishable with
imprisonment up to 7 years. Ld. ASJ also recorded that the Respondent had
joined investigation and that custodial interrogation was not demonstrated to
be indispensable, at that stage.

67. Thirdly, the contention that the case involves an economic offence of
considerable magnitude does not, by itself, alter the settled threshold for
cancellation.

68. Fourthly, the subsequent Order dated 28.05.2025 of Ld. ASJ
declining cancellation correctly noted as under:

“To my mind this is not a case wherein the concession of
anticipatory bail granted requires to be set aside. It is also
not that the accused has misused the liberty or violated the
terms and conditions of the bail. He has a permanent
residence and is not a flight risk. Conditions have already
been imposed at the time of grant of bail. IO can
investigate/continue to investigate the case in accordance
with law.”

69. It was further observed that non-recovery of the alleged amount, by
itself, cannot constitute a ground for cancellation, particularly when the case
rests substantially on documentary material already in possession of the
investigating agency. Every aspect had already been investigated including
the alleged money trail. The version of the accused Ankit Jhamb is

Signature Not Verified
Signed By:VIKAS CRL.MC. 7330/2025 and CRL.MC.4163/2025 Page 16 of 17
ARORA
Signing Date:20.02.2026
16:59:29
diametrically opposite and at this juncture i.e. adjudication of the bail
cannot be evaluated.

70. The Petitions, even on re-appreciation of the merits of the case, do
not reflect that the Bail has been granted without considering the relevant
facts of the case or has been granted on extraneous grounds which is
impermissible in proceedings for cancellation of Bail. No factors such as
perversity; illegality; inconsistency with law; relevant factors not been taken
into consideration including gravity of the offence and impact of the crime,
as stated in Ashok Dhankad, (supra), have been made out.

71. In the end, it may be observed that there is no allegation that the
Respondent, Ankit Jhamb has violated any condition of Bail, failed to join
investigation, tampered with evidence, threatened witnesses, or attempted to
abscond.

Conclusion:

72. There is no merit in the present Petitions, which are hereby,
dismissed.

73. Pending Applications are also disposed of accordingly.

(NEENA BANSAL KRISHNA)
JUDGE
FEBRUARY 18, 2026
N

Signature Not Verified
Signed By:VIKAS CRL.MC. 7330/2025 and CRL.MC.4163/2025 Page 17 of 17
ARORA
Signing Date:20.02.2026
16:59:29



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