Case Brief
Case Title : Vishnu Gupta vs State of U.P.
Case No. : 8121/2023 (BAIL)
Decided On / Result : 30.06.2023
Quorum : Hon’ble Mrs. Renu Agarwal,J.
Brief Facts of the Case –
In this Matter FIR No. 779 lodged on 04/10/2020 at Police Station Gomti Nagar, District Lucknow in which the company was investing the amounts through a lot of persons by 20% to 40% allurement of lucrative return. After November 2019, the company stopped giving the amount to the investors and ran away. Some amounts list which was invested is given below:
Sujit Kumar Gupta & Babita Gupta – 15,25,000 Rs.
Family Members & Others – 9,51,000 Rs.
But now, the company is refusing to give the amount, therefore they are facing a lot of problems.
Fews facts that went against our client –
Some facts were very unfavourable to our client Like –
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This matter was being investigated by the Enforcement Directorate (E.D.) & Economic offences Wing (E.O.W.)
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Media & People were claiming that in this matter a Scam of about 1000 Cr. has been done by the said Company.
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Applicant was having the Criminal History of 54 Cases.
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Applicant was the real brother of Director Ajeet Kumar Gupta who was the director of “Anee Bullion Group of Companies”
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Gangster Act was also imposed on the applicant.
Applicant was Challenged Under Sections –
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409 IPC – Criminal Breach of Trust by Public Servant / Punishable upto 10 years of Imprisonment / Non – Bailable
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420 IPC – Cheating / Punishable upto 7 years of Imprisonment / Non – Bailable
Our Submissions and Court’s finding in favour of our client / Conclusion –
We gave our best while arguing for our client. Later on Hon’ble court considered the facts and general role that even though the matter is serious, the co-accused who has already been enlarged on bail by a coordinate bench of this Court vide order dated 21.02.2023 passed in Bail Application No.3629 of 2022 which is similar in nature. Therefore, the Hon’ble Court granted bail to the applicant.