LAWS(GJH)-2022-12-512

ABHISHEK MUKUNDBHAI BAJAJ Vs. STATE OF GUJARAT

Decided On December 22, 2022
Abhishek Mukundbhai Bajaj Appellant
V/S
STATE OF GUJARAT Respondents

JUDGEMENT

(1.) By way of the present application under Sec. 438 of the Code of Criminal Procedure, 1973, the applicant- accused has prayed for anticipatory bail in connection with the FIR being C.R. No.11202008220267 of 2022 registered with City "A" Division Police Station, Jamnagar, District: Jamnagar for the offences under Ss. 19, 23(b), 23(c), 23(e), 23(f), 23(g), 23(h) and 23(i) of The Securities Contract (Regulation) Act, 1956.

(2.) Learned advocate for the applicant submits that the applicant is innocent and he has been falsely implicated in the alleged offence. He has no past antecedents of like nature and custodial interrogation of the applicant is not essential for the purpose of investigation.

(3.) Learned Additional Public Prosecutor appearing on behalf of the respondent - State has opposed grant of anticipatory bail stating inter alia that the allegations against the applicant are grave and serious in nature and custodial interrogation is necessary for further investigation of the case.