MOHAMMAD SHAKIR vs State Advocate - APO — 312/2026

Case Summary: 312/2026 - Mohammad Shakir v. State Advocate The Session Court in Alwar granted bail to petitioner Mohammad Shakir in a second bail application under CrPC Section 439. Shakir was accused of operating a fraudulent trading app called "ARC Trade" that duped investors into depositing money with promises of investment returns, charges under IPC Sections 420, 406, 120B and IT Act Section 66. The court found that Shakir had refunded the complainant ₹96,500, no prior criminal record existed against him, investigation was ongoing, and co-accused had already been granted bail in similar circumstances. Bail was granted on furnishing a ₹1 lakh personal bond and two sureties of ₹50,000 each. This case analysis is maintained by casestatus.in based on publicly available court records.