NIKUNJ PRAVINBHAI BHATT vs THE STATE OF GUJARAT Advocate - P M TRIVEDI — 325/2026

Case under The Bharatiya Nagarik Suraksha Sanhita, 2023 Section 483. Disposed: Contested--ALLOWED on 30th March 2026.

CRMA S - CRIMINAL MISC. APPLICATION - SESSIONS

CNR: GJAH010007002026

Case disposed

Filing Number

325/2026

Filing Date

31-01-2026

Registration No

325/2026

Registration Date

31-01-2026

Court

Ahmedabad District

Judge

1-PRINCIPAL DISTRICT & SESSIONS JUDGE

Decision Date

30th March 2026

Nature of Disposal

Contested--ALLOWED

Acts & Sections

The Bharatiya Nagarik Suraksha Sanhita, 2023 Section 483
Prevention of Money-laundering Act, 2002 Section 3,4

Petitioner(s)

NIKUNJ PRAVINBHAI BHATT

Adv. C V ACHARYA

Respondent(s)

THE STATE OF GUJARAT Advocate - P M TRIVEDI

DIRECTORATE OF ENFORCEMENT

Adv. SPP

Hearing History

Judge: 1-PRINCIPAL DISTRICT & SESSIONS JUDGE

30-03-2026

Disposed

27-03-2026

ORDER

24-03-2026

ORDER

20-03-2026

ORDER

16-03-2026

ORDER

Final Orders / Judgements

30-03-2026
JUDEGEMENT

Case Summary: CR.M.A. No. 325/2026 Nikunj Pravinbhai Bhatt sought regular bail in a Prevention of Money Laundering Act (PMLA) case involving cryptocurrency extortion totaling Rs. 14.5 crores and 2,291 bitcoins. The court granted bail, finding his role significantly lesser than co-accused Shailesh Babulal Bhatt (already granted bail by Supreme Court). Bhatt merely handled 260 bitcoins temporarily—returning 240 as instructed, losing ~9 in trading, with 10.92 seized—versus the main accused who orchestrated the entire extortion scheme. Applying the parity principle and noting the 7-year delay before arrest despite cooperation since 2023, the court imposed stringent conditions including bi-weekly ED reporting, passport surrender, and Gujarat residence restriction. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Case Summary: CR.M.A. No. 325/2026 Nikunj Pravinbhai Bhatt sought regular bail in a Prevention of Money Laundering Act (PMLA) case involving cryptocurrency extortion totaling Rs. 14.5 crores and 2,291 bitcoins. The court granted bail, finding his role significantly lesser than co-accused Shailesh Babulal Bhatt (already granted bail by Supreme Court). Bhatt merely handled 260 bitcoins temporarily—returning 240 as instructed, losing ~9 in trading, with 10.92 seized—versus the main accused who orchestrated the entire extortion scheme. Applying the parity principle and noting the 7-year delay before arrest despite cooperation since 2023, the court imposed stringent conditions including bi-weekly ED reporting, passport surrender, and Gujarat residence restriction. This case analysis is maintained by casestatus.in based on publicly available court records.

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