TaxTMI 
TaxTMI 
2024 (7) TMI 1068
X X X X Extracts X X X X
X X X X Extracts X X X X
....turba Marg, for offences under Sections 420, 465, 467, 468 and 471 read with 120(B) of the Indian Penal Code (IPC). This Court is informed that the investigation is carried out by the office of the EOW, Zone-6, Gen Cheating-4, Mumbai. As a consequence, the case is now registered as Crime No.66 of 2023, registered by EOW, General Cheating-4, Mumbai. 3. The FIR was initially registered against unknown persons. It was registered at the behest of an employee of a company called J.M. Financial Services Ltd. It was alleged that unknown persons had siphoned off huge amount of money by creating fake Demat accounts of shareholders whose shares were lying dormant. Such shares were disposed of and the proceeds were misappropriated. When the aggrieved....
X X X X Extracts X X X X
X X X X Extracts X X X X
....pplicant and accused No.1 were in constant touch with each other. It is further submitted that the applicant had played a role in opening fake accounts of the victims, thereby indicating a strong prima facie case against the applicant. 6. This Court has perused the charge-sheet and the documentary material on record. There are indeed whatsapp chats placed on record along with the charge-sheet, indicating that certain messages emanated from the mobile phone of the applicant and they were sent to the accused No.1. The CDRs also appear to indicate that the applicant and accused No.1 may have been in contact with each other. 7. Being a stock broker and in the business of shares, merely because the applicant was in touch with accused No.1 and ....