Supreme Court – Daily Orders
Chhagan Jahangir Padvi vs The State Of Maharashtra on 16 April, 2026
1
ITEM NO.4 COURT NO.7 SECTION II-A
S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS
Petition for Special Leave to Appeal (Crl.) No.6299/2026
[Arising out of impugned final judgment and order dated 17-01-2026
in BA No. 2356/2025 passed by the High Court of Judicature at
Bombay at Aurangabad]
CHHAGAN JAHANGIR PADVI Petitioner(s)
VERSUS
THE STATE OF MAHARASHTRA Respondent(s)
(FOR ADMISSION)
(IA No. 107282/2026 - EXEMPTION FROM FILING O.T.)
Date : 16-04-2026 This matter was called on for hearing today.
CORAM :
HON'BLE MR. JUSTICE J.B. PARDIWALA
HON'BLE MR. JUSTICE K.V. VISWANATHAN
For Petitioner(s) : Mr. Ajit Pravin Wagh, AOR
Mr. A. Kumar Saurabh, Adv.
For Respondent(s) :
Mr. Shrirang B. Varma, Adv.
Mr. Aaditya A. Pande, AOR
UPON hearing the counsel the Court made the following
O R D E R
1. Exemption Application is allowed.
2. The petitioner has been denied regular bail by the High Court
in connection with First Information Report bearing Crime No. 280
of 2024, registered with Nandurbar City Police Station, District
Aurangabad for the offence punishable under Sections 420, 406, 409
& 120B of the Indian Penal Code, 1860 respectively (for short, “the
IPC”)
Signature Not Verified
and Sections 3 and 4 respectively of the Maharashtra
Digitally signed by
VISHAL ANAND
Protection of Interests of Depositors Act, (for short, “the MPID
Date: 2026.04.16
16:47:01 IST
Reason:
Act”).
2
3. We heard Mr. Ajit Pravin, the learned counsel appearing for
the petitioner and Mr. Shrirang B. Varma, the learned counsel
appearing for the State of Maharashtra.
4. We take into consideration the following aspects:-
(i) the investigation is over and charge sheet has been
filed; till this date charge has not been framed;
(ii) the maximum punishment provided insofar as the offence
punishable under Sections 3 and 4 respectively of the MPID Act
is upto 6 years &
(iii) the trial is likely to take a considerable long period
of time before it is concluded. We take notice of the fact
that the petitioner is in judicial custody since 10th July,
2024.
5. We order that the petitioner be released on bail, subject to
terms and conditions that the Trial Court may deem fit to impose.
6. With the aforesaid, this petition stands disposed of.
7. Pending applications, if any, also stand disposed of.
(VISHAL ANAND) (POOJA SHARMA) DY. REGISTRAR COURT MASTER (NSH)