Ravindra Sheshrao Gawande v. the State of Maharashtra
Case brief
What is this about?
In an anticipatory bail application, the High Court rejected the plea of the accused charged under IPC and MPID Act. The court held that evidence showed active participation in misleading investors and inducing transactions, negating the claim of non-involvement.
What did the court decide?
The anticipatory bail application was rejected; the applicant remains subject to arrest as per the criminal proceedings.
What the court decided
ABA 624-21.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION
ANTICIPATORY BAIL APPLICATION NO. 624 OF 2021
RajeP. Aher
Digitally signed by RajeP. Aher Date: 2021.03.23 14:27:46 +0530
Ravindra Sheshrao Gawande ...Applicant
Versus
The State of Maharashtra ...Respondent
Mr. N. R. Bubna with Mr. Girish Paryani i/b A & G Legal Associates
LLP, Advocate for the Applicant.
Mr. A. R. Kapadnis, APP for the Respondent – State.
CORAM : PRAKASH D. NAIK, J.
DATE : 12th MARCH, 2021.
PC :
1. The applicant is apprehending arrest in CR No. I-252 of 2018
Issues for consideration
2 issues framed by the court
Whether anticipatory bail should be granted to the applicant who is apprehending arrest for alleged cheating in a forex scheme.
Whether the applicant played an active role in inducing investors despite claiming false implicate.
Parties & counsel
- applicant
Ravindra Sheshrao Gawande
- respondent
The State of Maharashtra
Coram
Prakash D. Naik
Case details
As recorded by the court registry
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