Waghela was accused of selling off a disputed piece of land in defiance of the court's stay.
Naresh Shah, a local resident, has accused Waghela of selling him a piece of land which was already sold to another buyer through a forged power of attorney.
The court, while hearing a case related to the fraudulent sale, had stayed it, however Waghela executed the sale deed.
The land in question is located in Goraj village of Sanand tehsil.
Setting aside the sale deed and imposing the cost for misleading the court, the division bench of Justices M R Shah and R P Dholeria said that Rs 50,000 would be paid to the applicant towards the cost of the proceedings and the balance to the Gujarat State Legal Services Authority.
At each and every stage Waghela had tried to mislead the High Court, the judges noted.
Jaishivsinhji Waghela alias Tika Bapu came into limelight some years ago when he supported Gujarat Chief Minister Narendra Modi during the setting up of Tata's Nano car plant in Sanand.
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