MAKSUD SAIYED vs STATE OF GUJARAT .

The Supreme Court held that the High Court erred in quashing the police investigation under Section 482 of the Code of Criminal Procedure, as it failed to consider its jurisdiction at that stage. The Court emphasized that the High Court should not determine disputed questions of fact while exercising its powers under Section 482. The appeal was allowed, reinstating the investigation into the allegations of fraudulent activities under Sections 120B, 425, 191, 192, 177, 181, and 500 of the Indian Penal Code.