Case Details

  • Case Name: Petition for Special Leave to Appeal (CrL.) No.6836/2026
  • Parties: Aditya Jain (Petitioner) vs. State of Punjab & Anr. (Respondents)
  • Court/Authority: Supreme Court of India, New Delhi
  • Order Numbers & Dates: Order dated 20‑04‑2026; subsequent order dated 27‑05‑2026; mediation report IA No.122653/2026; earlier High Court order dated 06‑04‑2026 (CRMM No.17617/2026)
  • Period of Dispute: Civil suits filed in 2025, multiple police complaints in 2025‑2026, FIR registered on 19‑02‑2026, bail applications March‑April‑2026, settlement executed on 07‑05‑2026.

Parties Involved

  • First Party: Jagdish Jewelers Private Limited (GST No.04AABCJ6834B2ZZ), Directors: Mr. Sagar Singla, Mr. Susham Singla, Mr. Akash Singla.
  • Second Party: Mr. Aditya Jain (individual) and his wife Mrs. Aakriti Jain (legal representative). Business entities associated with the second party: SRK Jewellers (GST No.03ABLPJ7962Q1ZX), Finegold Jewellers (GST No.03AAFCF0462MIZR), Shree Rama Krishna Jewellers (GST No.03AKRPJ0192PIZQ).
  • Mediator: Hon’ble Mr. Justice Anupinder Singh Grewal (Retd.), former Judge, Punjab & Haryana High Court.
  • Counsel: Senior Counsel Sidharth Luthra (Petitioner), Senior Counsel N. Hariharan (de‑facto complainant‑caveator), Mohit Siwach (State of Punjab), AORs Chritarth Palli and Karan Sharma (Respondents).
  • Supreme Court Judges: Justice J.B. Pardiwala and Justice K.V. Viswanathan.

Issues / Allegations / Violations

  • Allegations of forged bills and fake delivery of gold bars by the petitioner (Aditya Jain) as per High Court observation (paragraph 9 of impugned order).
  • Multiple civil suits by the second party: Civil Suit No.7322 of 2025 and Civil Suit No.7282 of 2025 (Ludhiana Junior Division).
  • Police complaints by second party dated 08‑12‑2025, 02‑02‑2025, and 03‑01‑2026 alleging threats, trespass, and other misconduct.
  • Counter‑complaint by first party dated 16‑12‑2025 leading to two criminal miscellaneous petitions by second party (CRM‑M 1035 of 2026 and CRM‑M No.2133 of 2026) which were disposed on 16‑01‑2026 and 22‑01‑2026.
  • FIR No.61 dated 19‑02‑2026 registered under BNS Act sections 316(2), 318(4), 338, 336(3) & 340(2) against the second party.
  • Anticipatory bail applications by Aditya Jain dismissed on 18‑03‑2026 (Additional Sessions Judge, Ludhiana) and again rejected by Punjab & Haryana High Court on 06‑04‑2026.
  • SLP filed before Supreme Court seeking pre‑arrest bail.

Findings & Observations

  • Supreme Court noted that the matter involved both civil and criminal dimensions and that the parties voluntarily sought mediation.
  • The Court appointed Justice Anupinder Singh Grewal as mediator and accepted the mediation report indicating a successful amicable settlement.
  • The Court recognized that the settlement, once executed, would resolve all pending disputes and that the parties had cooperated throughout the investigation.

Penalties / Settlements / Directions

  • Settlement Amount: Rs 6,00,00,000 (Six Crore Rupees) payable by the second party to the first party.
  • Payment Schedule:
  • Up‑front payment of Rs 2,00,00,000 on or before 15‑05‑2026 via Demand Draft/RTGS/NEFT to Jagdish Jewelers’ account No.0404083000000041, South Indian Bank Ltd., Chandigarh.
  • Remaining Rs 4,00,00,000 to be paid in 13 monthly installments of Rs 27,50,400 each, commencing 15‑06‑2026 and ending 15‑06‑2027, with interest at 18% per annum.
  • GST Clause: The first party will issue invoices for Rs 1,76,50,000; the second party must refund GST on those invoices.
  • Withdrawal of Cases: Second party to withdraw Civil Suit Nos.7322/2025 and 7282/2025 and all other criminal/civil complaints; first party to withdraw all suits and complaints it has filed against the second party.
  • Quashing FIR: Both parties will cooperate to have FIR No.61/2026 quashed in pending CRM‑M 15622 of 2026 before the High Court.
  • Enforceability: Settlement deed is deemed a decree and legally enforceable; parties may present it before any competent authority.

Corrective Actions & Future Obligations

  • Both parties must adhere to the payment schedule and GST refund obligations.
  • Immediate withdrawal of all pending civil and criminal proceedings as stipulated.
  • Cooperation with the High Court to achieve quashing of FIR No.61/2026.
  • No further filing of any case or complaint against each other from the date of settlement.
  • In case of breach, the aggrieved party may pursue any legal remedy available.

Final Ruling & Enforcement

  • The Supreme Court recorded the settlement deed, ordered it to be kept with the case record, and made the earlier order dated 20‑04‑2026 absolute.
  • The Special Leave Petition (SLP) No.6836/2026 is disposed of.
  • All pending applications, if any, are also disposed of.
  • The order was pronounced by Justices J.B. Pardiwala and K.V. Viswanathan on 27‑May‑2026.