TWO TO SIX YEARS RIGOROUS IMPRISONMENT WITH FINE RANGING FROM Rs. TWO LAKH TO EIGHT LAKH TO TWO ACCUSED IN A FAKE STAMPS CASE

Press Release
New Delhi , 06.12.2013

            The Special Court, Mumbai has sentenced Shri Kishore Atmaram Parab to undergo six years Rigorous Imprisonment with total fine of Rs. Eight Lakh and Shri Kantilal Premji Gala to undergo two years Rigorous Imprisonment with total fine of Rs. Two Lakh in a Fake Stamps case.

 

            A case was registered in pursuance of the order dated 15.03.2004 passed by the Hon’ble Supreme Court of India in Writ Petition (Civil) No.522/2003 for taking over the investigation of Crime No.788/95 of Police Station, Sahar Airport, Mumbai.

 

            This case was earlier registered at Police Station, Sahar Airport, Mumbai on 05.08.1995 on a complaint alleging that one private person, who was allegedly working with a Govt. Stamp Vendor, sold Share Transfer Stamps (STS) worth Rs. Two Lakh to him which he subsequently found to be counterfeit and forged. During investigation, the local police arrested nine persons and seized fake Share Transfer Stamps worth Rs. 11,24,340 /- ; fake Govt. Stamps worth Rs. 1,11,85,500/- ; fake Foreign Bills worth Rs. 2,77,500/- and materials used for printing the said fake stamps like Perforating Machine, Aluminium Sheets, Offset Xerox Printing Machine, Aluminium Plates, Plastic Sheets, Plastic Films, Enlarger Camera & Wooden Frame.

 

            CBI took up the investigation and registered a case on 24.03.2004 on the directions of Hon’ble Supreme Court of India. After completion of investigation, a charge-sheet was filed on 19.09.2005 against the nine accused persons U/s. 120 B IPC r/w 255, 256,257,258,259 & 420 IPC and substantive offences thereof.

 

            After conclusion of trial, the Special Court, Mumbai, convicted the two accused and acquitted six persons. One accused is absconding.

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