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2025 Supreme(Online)(Bom) 6082

IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION
A. S. Gadkari, Ranjitsinha Raja Bhonsale, JJ
Manoj Gokulchand Seksaria – Appellant
Versus
The State of Maharashtra Through Public Prosecutor – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Aabad Ponda, Mr. Jugal Kanani, Mr. Rahul Pandey, Mr. Alok Singh
For the Respondents: Smt. M. M. Deshmukh, Mr. Vinod Chate, Mr. Kuldeep Patil

JUDGMENT

 [Per: RANJITSINHA RAJA BHONSALE, J] :-

1) By way of these Petitions, filed under Article 227 of Constitution of India and Section 482 of the Criminal Procedure Code, 1973, the Petitioner seeks to quash and set aside criminal proceedings i.e impugned Order dated 19th March 2008 in respect of FIR No. RC 3(E)/2006/BS&FC/ Mumbai dated 20th February 2006 in Special Case No. 47 of 2007 alongwith chargesheet dated 2nd March 2009 and impugned Order dated 10th March 2008 in respect of FIR No. RC 4(E)/2006/BS&FC/Mumbai dated 20th February 2006 in Sessions Court Special Case No.48 of 2007 alongwith chargesheet dated 2nd March 2009, both registered under Section 120-B r/w. read with section 420, 467, 468, 471 of Indian Penal Code and Section 13(2) read with Section 13(1)(d) of the Prevention of Corruption Act, 1988 and under Section 68-A of the Companies Act, 1956.

Facts :

2) The Securities and Exchange Board of India (SEBI), addressed a complaint letter to the Central Bureau of Investigation (CBI/Respondent No.2), giving information in respect of certain illegal acts/offences which had been committed in respect of the Initial Public Offerings (IPO’s) of Yes Bank Limited (YBL) and Infras

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