TaxTMI 
TaxTMI 
2020 (11) TMI 507
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....ive Report dated 04.10.2020. I have perused the same. The Report is forwarded to the Bar Council of Gujarat and the Bar Association of High Court of Gujarat for perusal. I may with also incorporate few observations of the Supreme Court for the constructive consumption of both the governing bodies. The Supreme Court in the case of In Re Vs Vinay Chandra Mishra , reported in 1995(2)SCC 584 has observed thus: "A lawyer has to be a gentleman first. His most valuable asset is the respect and goodwill he enjoys among his colleagues and in the Court." In the case of R.D.Saxena vs Balram Prasad Sharma, 2000 (7) S.C.C. 264 has observed thus: While dealing with the money or any other article or document entrusted, an advocate is expected to alwa....
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....riety. With the aforementioned observations, this Court closes the undesirable chapter with a hope that such incident should not occur in future. It is further clarified that forwarding of the Report of the Registrar, Judicial and the observations of this Court shall not be in any manner be construed adverse against the advocate Mr.Ajmera. His apology is accepted by this Court with no hard feelings or malice. I only advise him to be mindful of the observations of the Apex Court since he has yet to tread a long professional path. 1. Heard the learned advocates for the respective parties through video conferencing. 2. This application is filed by the applicant under Section 439 of the Code of Criminal Procedure, 1973 for regular bail in co....
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....since it appears that the complainant was already aware of the transaction and a notice dated 01.11.2018 was also issued by the ICICI Bank; iv) Prima facie no criminal antecedents against the applicants are pointed out; This Court has taken into consideration the law laid down by the Apex Court in the case of Sanjay Chandra v. Central Bureau of Investigation, [2012] 1 SCC 40. 7. Having regard to the above submissions and in the facts and circumstances of the case and considering the nature and gravity of accusation made against the applicants in the FIR, this Court is of the view that discretion is required to be exercised in favour of the applicants for grant of bail. Moreover, the applicants assure that they will abide by the terms and....