C.A.VAIDIALINGAM, V.BHARGAVA, M.HIDAYATULLAH
State Of Gujarat – Appellant
Versus
Manilal Joitaram And Company – Respondent
Judgement
HIDAYATULLAH, J. : In this appeal by certificate under Art. 134 (1) (c) of d. Constitution the Stab of Gujarat appeals against the Judgment, March 14, 1963, of the High Court of the State acquitting the respondent of diverse offences under the Forward Contracts (Regulation) Act, 1952.Originally 31 persons were charged before the Judicial Magistrate, Ahmedabad, who acquitted 14 and convicted the rest. The present respondents, who are 11 in number (accused 1 to 9, 11 and 12), were convicted under S. 20 (l) (c) of the Act and fined Rs. 51(15 days S. I. in default). They were also convicted under S. 21 (b) of the Act but no separate sentence was imposed. Nine of them (accused 1 to 0) wee further convicted under S. 21 (c) of the Act and fined Rs. 25 (one week s S. I. default). The remaining accused were convicted under S. 21 (b). All appealed to the Court of Sessions Judge. The conviction of accused 1 to 9, 11 and 12 was maintained but convection under S. 20 (1) (b) we. substituted for that under S. 20 (1) (c). The other accused were convicted of all the charges. The High Court was then moved in revisions All the accused were acquitted of all the charges. The State Government n
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