Shri. Rishi Nand Kishore Gupta vs. Union Of INDIA
Held
The High Court dismissed the writ petition, finding that sufficient material was collected during the investigation to show the petitioner's involvement as a mastermind in the syndicate. It held that the grounds of arrest were communicated, and no violation of Article 22(2) of the Constitution of India was made out.
Facts
The MD & CEO of FINO Payments Bank was arrested by DGGI for alleged GST evasion of approximately Rs. 840 crores related to operating illegal online gaming websites through associated fintech companies and shell entities. He challenged his arrest and subsequent remand order as arbitrary, illegal, and violative of Articles 14, 19, 21, and 22(2) of the Constitution of India.
Key Issues
The key legal issues were the legality of the petitioner's arrest and remand, specifically whether it violated his fundamental rights under Articles 14, 19, 21, and 22(2) of the Constitution, and if the investigating authorities followed due process.
Sections Cited
Section 132(1)(i), Section 132(1)(a), Section 132(5), Section 70, Section 4A (CGST Act), Section 41A (Code of Criminal Procedure, 1973), Section 35(3) (NSS, 2023)
AI-generated summary — verify with the full judgment below
[ 3488 ] IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD (Special Original Jurisdiction) MONDAY, THE TWENTY THIRD DAY OF MARCH TWO THOUSAND AND TWENTY SIX PRESENT THE HONOURABLE THE CHIEF JUSTICE SRI APARESH KUMAR SINGH AND THE HONOURABLE SRI JUSTICE G.M. MOHIUDDIN WRIT PETITION NO: 6657 OF 2026 Between: 1 Shri. Rishi Nand Kishore Gupta, S/o. Sri Nand Kishore Gupta, Aged 9Z ygars' Occ. MD and CEO FINO Pavments Bank Residing at- A 4701' 47th floor' nitretjlmperia, 1, 45 Shanklar Rao Naram Path, Lower Parel, Mumbai - 400013. Roli Guota, W/o. Shri. Rishi Nand Kishore Gu Maker Residinq at A 4701 , 47th floor, Rahej Naram Path, Ldwer Parel, Mumbai - 400013. AND 1. Union of lndia, Represented by its Secretary, Department of Revenue ftIinistrv. Finance North Block, New Delhi 110001 . z. tne Oiiector General of GST lntelligence, Rep. by its Senior lntelligence - officer, i No lllz22ll, opposite to HDFC Bank' Hyderabad Zonal Unit, Begum Pet, Hyderabad- 500016. ...RES'ONDENTS 2 pta Aged 54 years, Occ. Home 'a lmperia, 1, 45 Shankar Rao ...PETITIONERS Petition under Article 226 of the constitution of lndia praying that in the circumstances stated in the affidavit filed therewith, t
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