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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

YouTuber challenges FIR, LoC in HC

Mumbai : The Bombay High Court issued notice to the state government on a petition filed by UK-based medico and YouTuber, Dr. Sangram Patil, seeking to quash a Mumbai Police FIR and revoking a Look Out Circular in a criminal case lodged against him, on Thursday.   Justice Ashwin D. Bhobe, who heard the matter with preliminary submissions from both sides, sought a response from the state government and posted the matter for Feb. 4.   Maharashtra Advocate-General Milind Sathe informed the court...

YouTuber challenges FIR, LoC in HC

Mumbai : The Bombay High Court issued notice to the state government on a petition filed by UK-based medico and YouTuber, Dr. Sangram Patil, seeking to quash a Mumbai Police FIR and revoking a Look Out Circular in a criminal case lodged against him, on Thursday.   Justice Ashwin D. Bhobe, who heard the matter with preliminary submissions from both sides, sought a response from the state government and posted the matter for Feb. 4.   Maharashtra Advocate-General Milind Sathe informed the court that the state would file its reply within a week in the matter.   Indian-origin Dr. Patil, hailing from Jalgaon, is facing a criminal case here for posting allegedly objectionable content involving Bharatiya Janata Party leaders on social media.   After his posts on a FB page, ‘Shehar Vikas Aghadi’, a Mumbai BJP media cell functionary lodged a criminal complaint following which the NM Joshi Marg Police registered a FIR (Dec. 18, 2025) and subsequently issued a LoC against Dr. Patil, restricting his travels.   The complainant Nikhil Bhamre filed the complaint in December 2025, contending that Dr. Patil on Dec. 14 posted offensive content intended to spread ‘disinformation and falsehoods’ about the BJP and its leaders, including Prime Minister Narendra Modi.   Among others, the police invoked BNSS Sec. 353(2) that attracts a 3-year jail term for publishing or circulating statements or rumours through electronic media with intent to promote enmity or hatred between communities.   Based on the FIR, Dr. Patil was detained and questioned for 15 hours when he arrived with his wife from London at Chhatrapati Shivaji Maharaj International Airport (Jan. 10), and again prevented from returning to Manchester, UK on Jan. 19 in view of the ongoing investigations.   On Wednesday (Jan. 21) Dr. Patil recorded his statement before the Mumbai Police and now he has moved the high court. Besides seeking quashing of the FIR and the LoC, he has sought removal of his name from the database imposing restrictions on his international travels.   Through his Senior Advocate Sudeep Pasbola, the medico has sought interim relief in the form of a stay on further probe by Crime Branch-III and coercive action, restraint on filing any charge-sheet during the pendency of the petition and permission to go back to the UK.   Pasbola submitted to the court that Dr. Patil had voluntarily travelled from the UK to India and was unaware of the FIR when he landed here. Sathe argued that Patil had appeared in connection with other posts and was not fully cooperating with the investigators.

Behind Every Stock Is A Company

Peter Lynch, one of the greatest fund managers in history, gave investors a timeless reminder:


“Behind every stock is a company. Find out what it’s doing.”


This simple line captures the entire philosophy of sensible investing. Today, when stock prices change every second and social media glorifies quick trading profits, many investors forget the basic truth that a stock is not just a ticker symbol on a screen. It is a real business. When you buy a share, you are buying a slice of that business - its strengths, weaknesses, future potential, and risks.


Unfortunately, too many investors look for shortcuts. They chase “sure-shot tips,” buy stocks trending on social media, and expect overnight returns. But wealth creation in equities has never worked that way. True investors know that long-term wealth is built by understanding businesses, not by predicting short-term price movements. Here are four fundamental principles every investor must remember while investing in stocks:


1. How the industry works

Every industry has its own story. Banks earn money differently from FMCG companies; IT companies grow differently from pharmaceutical companies. Before investing, spend time understanding the sector. What drives growth? Who are the competitors? What are the risks? This knowledge helps set realistic expectations and prevents panic during temporary downturns.


2. Study the company’s business

A company with strong fundamentals and business model can survive tough times and thrive during good periods. Go through annual reports, quarterly results, and investor presentations. Track important financial ratios.

Understanding the business model is equally important. How does the company earn money? Can it grow for the next 10–15 years? Does it have a competitive advantage? These questions help identify companies with long-term potential.


3. Think of it as co-ownership

The biggest mindset shift happens when an investor starts thinking like an owner. If you owned a restaurant, you would not worry about its valuation every minute - you would focus on service, quality, and long-term growth. Similarly, when you buy a stock, treat it like co-owning a business. This perspective automatically encourages patience. You stop reacting to daily volatility and start focusing on fundamentals.


4. Stocks are not lottery tickets

The stock market rewards discipline, not desperation. Quick profits may appear attractive, but they rarely build generational wealth. Compounding works only when you stay invested over long periods. As Warren Buffett says, the stock market is designed to transfer money from the impatient to the patient. Shortcuts, tips, and rumours might give temporary excitement, but they often end in losses. Sustainable wealth is created by investing in solid businesses and allowing time to do its magic. Think like a true investor - not a gambler. Equity investing is not about timing the market. It is about spending time in the market.


(The author is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

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