Judgment

RAMASWAMI, J. : This appeal is brought, by special leave, from the judgment of the Madras High Court, dated July 16, 1863 in Criminal Revision Case No. 1139 1961

2. The appellant was charged for having committed offences under S. 420, Indian Penal Code and S. 21 (d) and (e) of the Forward Contracts (Regulation) Act, 1952 (Act 74 of 1952), hereinafter called the "Act", with regard to certain transaction his between the appellant and P. W. 2, Rajam. The appellant was convicted of all the charges and was sentenced to rigorous imprisonment for one year and a fine of Rs. 1,000 under S. 420, Indian Penal Code and a fine of Rs. 100 under each of Cls. (d) and (e) of S. 21 of the Act by the District Magistrate Kumbakonam. He further directed that a sum of Rs. 1,000 out of the said fine should be paid to P. W. 2. On appeal, the convictions and sentences were affirmed by the Sessions Judge, West Thanjavur. The appellant took the matter in revision to the Madras High Court but the revision application was dismissed

3. The appellant was the proprietor of a firm in Bombay known as "Jawarmal Gulab Chand". He advertised that people could invest capital in cotton, oil seeds and other commodit