"India's future lies on the Fidelity of Ideals like Justice GS Patel"
22nd September 2020
Justice GS Patel of the Bombay High Court frown on the submission of material in a sealed cover. It was during the trial of petitions filed by various petitioners against Anugrah Stock & Brokers Pvt Ltd that Judge GS Patel declined to take additional material presented by respondent Anugrah Stock & Brokers Pvt Ltd in a sealed cover. It demanded the later to submit an affidavit regarding the details of the same. The allegations of illegal and unofficial trade. High returns sworn by Anugrah enticed investors to invest ample sums of money which led them to financial loss. The court ultimately commanded the receiver toto take symbolic possession of all fixed assets of Anugrah Stock & Brokers Pvt Ltd.