SHRI P.N.LADHAWALA vs MS S C CHEMICALS Advocate - B B SHAH — 200116/2002
Case under Foreign Exchange Regulation Act, 1973 Section 056. Disposed: Contested--JUDGMENT BY ACQUITTAL on 25th March 2026.
CC - CRIMINAL CASE
CNR: GJAH220000832002
Filing Number
200116/2002
Filing Date
30-04-2002
Registration No
200116/2002
Registration Date
30-04-2002
Court
METROPOLITAN MAGISTRATE COURT, AHMEDABAD
Judge
2-ADDL. CHIEF JUDICIAL MAGISTRATE, AHMEDABAD CITY
Decision Date
25th March 2026
Nature of Disposal
Contested--JUDGMENT BY ACQUITTAL
Acts & Sections
Petitioner(s)
SHRI P.N.LADHAWALA
Adv. S K GUPTA
Respondent(s)
MS S C CHEMICALS Advocate - B B SHAH
Sevantilal C. Shah
Hearing History
Judge: 2-ADDL. CHIEF JUDICIAL MAGISTRATE, AHMEDABAD CITY
Disposed
JUDGEMENT
FINAL ARGUMENTS
FINAL ARGUMENTS
FINAL ARGUMENTS
| Date | Purpose |
|---|---|
| 25-03-2026 | Disposed |
| 12-03-2026 | JUDGEMENT |
| 11-03-2026 | FINAL ARGUMENTS |
| 07-03-2026 | FINAL ARGUMENTS |
| 28-02-2026 | FINAL ARGUMENTS |
Final Orders / Judgements
Summary The court (Add.C.J.M. Court, Ahmedabad) acquitted the defendants (M/s. S.C. Chemicals and Shri Sevantilal C. Shah) in this foreign exchange violation case. The prosecution failed to prove beyond reasonable doubt that the defendants contravened Sections 18(2), 18(3), and 68 of the Foreign Exchange Regulation Act, 1973, and Section 49(3)(4) of the Foreign Exchange Management Act, 1999. The court found insufficient evidence that the castor oil export proceeds were deliberately retained abroad in violation of foreign exchange regulations, and acquitted the defendants accordingly. This case analysis is maintained by casestatus.in based on publicly available court records.
Interim Orders
Summary The court (Add.C.J.M. Court, Ahmedabad) acquitted the defendants (M/s. S.C. Chemicals and Shri Sevantilal C. Shah) in this foreign exchange violation case. The prosecution failed to prove beyond reasonable doubt that the defendants contravened Sections 18(2), 18(3), and 68 of the Foreign Exchange Regulation Act, 1973, and Section 49(3)(4) of the Foreign Exchange Management Act, 1999. The court found insufficient evidence that the castor oil export proceeds were deliberately retained abroad in violation of foreign exchange regulations, and acquitted the defendants accordingly. This case analysis is maintained by casestatus.in based on publicly available court records.
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