ALPESH NAVINCHANDRA GOSALIA vs THE STATE OF MAHARASHTRA AND ORS

Judgment text excerpt

WP-293-24.doc Panchal/Dilwale IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL WRIT PETITION NO.293 OF 2024 BASAVRAJ GURAPPA Alpesh Navinchandra Gosalia .. Petitioner PATIL Vs. Digitally signed by BASAVRAJ GURAPPA State of Maharashtra, PATIL Date: 2025.12.25 Through its Chief Secretary and Ors. .. Respondents 09:55:54 +0530 CORAM : SHREE CHANDRASHEKHAR, CJ. & GAUTAM A. ANKHAD, J. Reserved on : 17th December 2025 Pronounced on : 24th December 2025 ( Appearances vide-Appendix-I) PER, Shree Chandrashekhar, CJ: The petitioner seeks a direction to the State of Maharashtra, Union of India, Serious Fraud Investigation Office, Securities and Exchange Board of India, Reserve Bank of India, Commissioner of Police, Mumbai, Senior Inspector of Police, Enforcement Directorate, Central Bureau of Investigation and Economic Offences Wing, Mumbai to register a First Information Report/ECIR or to institute other appropriate proceedings for an independent expeditious, effective and meaningful investigation into the various crimes committed by the respondent nos.11 to 25 and 28 to 46 and their accomplices and agents under sections 406, 409, 420, 421, 120-A read with section 34 of the Indian Penal Code, 1860, Prevention of Money Laundering Act, 2002, Prevention of Corruption Act, 1988 and Foreign Exchange Management Act, 1999. He seeks a further direction to the SEBI, RBI and other government Agency to take appropriate action for preventing further fraud and siphoning off public money. He has made a specific prayer for causing an investigation against 1/15 WP-293-24.doc Panchal/Dilwale 25th respondent-Bhagvanji Raiyani who instituted a Public Interest Litigation through “Janhit Manch” for illegal and unlawful gains and extortion. 2. The petitioner who state