Maintainability of the instant petition against Enforcement Case ...

Money Laundering

April 23, 2024

Maintainability of the instant petition against Enforcement Case Information Report (ECIR) - Money Laundering - scheduled offences - predicate offence - scope and spirit of Section 482 of the Cr.P.C. - The High Court clarified that an ECIR is an internal administrative document of the ED and does not hold the same legal status as an FIR. Referring to Supreme Court observations, the High Court concluded that an ECIR cannot be equated with an FIR and does not fall under the purview of the inherent jurisdiction conferred upon the Court by Section 482 of the Cr.P.C. The petition for quashing the ECIR under Section 482 of the Cr.P.C. was dismissed on the grounds of maintainability.

View Source

← Previous Next →

Maintainability of the instant petition against Enforcement Case ...

Money Laundering

April 23, 2024

You may also like:

Mere registration of ECIR against the suspects of offence under Section 3 of PMLA cannot go to mean that such persons are accused under Section 3 of PMLA, when an ECIR...

Optional reporting of details of one foreign bank account by the non-residents in refund cases - a clarification regarding information sought while Filing of ITR

Maintainability of appeal - AO himself had filed remand report before CIT(A) - Revenue cannot be held to be an aggrieved party once the Assessing Officer himself finds...

Maintainability of appeal - amended Para 10 of CBDT Circular the monetary limit for filing appeals would not apply where addition is based on information received from...

The High Court addressed the petitioner's plea to quash the ECIR proceedings against him, which were based on an FIR that had been quashed earlier. After examining the...

Money Laundering - Corruption - To give true meaning and purpose to the constitutional and the statutory mandate of Section 19(1) of the Act of 2002 of informing the...

Matters to be included in Board’s report - information related to cost records and one more item included - Rule 8 of the Companies (Accounts) Rules, 2014

Matters to be stated in prospectus - omission of the long list of details required - lined with information and reports required under SEBI - Section 26(1) of the...

Validity of Reopening of assessment - providing information to the Petitioner - in the instant case, supporting documents have not been provided to the Assessee i.e.,...

Reopening of assessment - the information was available only in the valuation report. Giving the information in this manner shall be of no help to the appellant as the...

Quick Updates: