THE STATE OF GUJARAT vs GUNVANTBHAI KESHAVLAL PATEL Advocate - M H PATEL — 72/2024

Case under Indian Penal Code Section 406,409,420,120(B). Disposed: Contested--JUDGMENT BY ACQUITTAL on 09th April 2026.

SC - SESSIONS CASE

CNR: GJAH010009722024

Case disposed

Filing Number

72/2024

Filing Date

09-02-2024

Registration No

72/2024

Registration Date

09-02-2024

Court

Ahmedabad District

Judge

1-PRINCIPAL DISTRICT & SESSIONS JUDGE

Decision Date

09th April 2026

Nature of Disposal

Contested--JUDGMENT BY ACQUITTAL

FIR Details

FIR Number

11

Police Station

NARANPURA POLICE STATION- AHMEDABAD CITY

Year

2015

Acts & Sections

Indian Penal Code Section 406,409,420,120(B)
Information Technology Act, 2000 Section 65,66,66(A)(B)(C)(D)
The Securities Contracts (Regulation) Act, 1956 Section 23(1)(F)

Petitioner(s)

THE STATE OF GUJARAT

Adv. T P CHUDASAMA

Respondent(s)

GUNVANTBHAI KESHAVLAL PATEL Advocate - M H PATEL

KAMLESH VASUBHAI PATEL

Adv. M H PATEL

SAHDEVSINH JASHUJI VAGHELA

Adv. M H PATEL

Hearing History

Judge: 1-PRINCIPAL DISTRICT & SESSIONS JUDGE

09-04-2026

Disposed

02-04-2026

JUDGEMENT

30-03-2026

JUDGEMENT

25-03-2026

JUDGEMENT

24-03-2026

FINAL ARGUMENTS

Final Orders / Judgements

09-04-2026
JUDEGEMENT

Summary of Court Judgment The Ahmednagar District and Sessions Court acquitted three defendants charged with unauthorized securities trading and fraud under IPC sections 406, 409, 420, 120(B), Securities Contracts Regulation Act 1956 section 23(1)(f), and Information Technology Act 2000 sections 65-66. The court found insufficient evidence that the accused conducted illegal "bucket shop" trading, misappropriated government tax revenues, or violated SEBI regulations despite confiscating computers and trading records. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Summary of Court Judgment The Ahmednagar District and Sessions Court acquitted three defendants charged with unauthorized securities trading and fraud under IPC sections 406, 409, 420, 120(B), Securities Contracts Regulation Act 1956 section 23(1)(f), and Information Technology Act 2000 sections 65-66. The court found insufficient evidence that the accused conducted illegal "bucket shop" trading, misappropriated government tax revenues, or violated SEBI regulations despite confiscating computers and trading records. This case analysis is maintained by casestatus.in based on publicly available court records.

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