Laxman Raju alias Rajendra Patkal vs The State of Maharashtra Advocate - AGP — 390/2026

Case under Bharatiya Nagarik Suraksha Sanhita Section 483. Disposed: Contested--BAIL REFUSED on 04th April 2026.

Case disposed

Cri.Bail Appln. - Bail Application

CNR: MHAH010015182026

e-Filing Number

05-03-2026

Filing Number

732/2026

Filing Date

05-Mar-2026

Registration No

390/2026

Registration Date

05-Mar-2026

Court

District and Session Court , Ahmednagar

Judge

19-District Judge 4 And Addl. Sessions Judge

Decision Date

04-Apr-2026

Nature of Disposal

Contested--BAIL REFUSED

Last updated 18-Jun-2026

FIR Details

FIR Number

71

Police Station

Shevgaon Police Station

Year

2025

Acts & Sections

Bharatiya Nagarik Suraksha Sanhita Section 483
Indian Penal Code Section 406,409,420,34
Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act Section 3

Petitioner(s)

  1. 1.Laxman Raju alias Rajendra Patkal

    Adv. Sawant Nilkanth D.

Respondent(s)

  1. 1.The State of Maharashtra Advocate - AGP

Case History

  1. Case disposedDisposed

  2. 04-Apr-2026

    Order on Exhibit

    Case Summary: Laxman Raju alias Rajendra Patkal v. State of Maharashtra (Cri. Bail Application No. 390/2026) The court rejected the accused's bail application in a fraud case involving Rs. 90 lakhs collected from 14 investors through a trading firm scheme. The court found that although the accused claimed to be merely an employee, bank account statements showed he directly received and transferred investor funds, establishing his culpability. The court denied bail citing ongoing investigation, risk of evidence tampering and witness intimidation, and the serious nature of the charges under IPC Sections 406, 409, 420 (read with Section 34) and the Maharashtra Depositors Protection Act. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 04-Apr-2026

    Disposed

    District Judge 4 And Addl. Sessions Judge

  4. 30-Mar-2026

    Arguments

    District Judge 5 And Addl. Sessions Judge

  5. 24-Mar-2026

    Arguments

    District Judge 4 And Addl. Sessions Judge

  6. 17-Mar-2026

    Filing of Say on Exh___Unready

    District Judge 4 And Addl. Sessions Judge

  7. 12-Mar-2026

    Filing of Say on Exh___Unready

    District Judge 4 And Addl. Sessions Judge

  8. 09-Mar-2026

    Filing of Say on Exh___Unready

    District Judge 4 And Addl. Sessions Judge

  9. 05-Mar-2026

    First hearing

    Initial hearing scheduled

  10. 05-Mar-2026

    Case filed

    Registration No. 390/2026

casestatus.in Summary

Case Summary: Laxman Raju alias Rajendra Patkal v. State of Maharashtra (Cri. Bail Application No. 390/2026) The court rejected the accused's bail application in a fraud case involving Rs. 90 lakhs collected from 14 investors through a trading firm scheme. The court found that although the accused claimed to be merely an employee, bank account statements showed he directly received and transferred investor funds, establishing his culpability. The court denied bail citing ongoing investigation, risk of evidence tampering and witness intimidation, and the serious nature of the charges under IPC Sections 406, 409, 420 (read with Section 34) and the Maharashtra Depositors Protection Act. This case analysis is maintained by casestatus.in based on publicly available court records.

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