RAMESH SATPAL NAGPAL vs THE STATE OF MAHARASHTRA AND ORS

pmk 91-apeal-1350-2024.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO.1350 OF 2024 Ramesh Satpal Nagpal ] Age : 61 Years, Occ. : Business ] Proprietor of Shree Radhhey Trading Co. ] Having office at 4/624, Jaffar Nawaz ] Pulsejet Mandi, Saharanpur, ] Uttar Pradesh : 247 001 ] …Appellant V/s. 1. State of Maharashtra ] (Vide EOW, Unit-V, Mumbai) ] 2. Competent Authority ] (Appointed under MPID Act, 1999) ] 3. Directorate of Enforcement ] having office 4th Floor, Kaiser-I-Hind ] Building, Opp. Grand Hotel, Currimbhoy ] Road, Ballard Pier, Zone-1, Mumbai – 01 ] 4. National Spot Exchange Ltd. ] Having office at Malkani Chambers ] 1st Floor, Off Nehru Road, Near Hotel ] Orchid, Vile Parle (East), Mumbai – 99 ] … Respondents Mr. Pradeep Yadav, Advocate for the Appellant. Ms. Leena Patil, SPP for Respondent Nos.1 and 2-State. Mr. Prashant Mishra a/w Mr. Bharat Jadhav, Ms. Chahat Modi, Ms. Purva Birla, Ms. Ishita Bhaiya, Ms. Krish Kariya, Advocate for Respondent No.3-ED. Mr. Arvind Lakhawat a/w Mr. Vinit Vaidya i/by MZM Legal for Respondent No.4. CORAM : A. S. GADKARI AND KAMAL KHATA, JJ. RESERVED ON : 16th April, 2026. PRONOUNCED ON : 29th