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2021 (11) TMI 556 - HC - Money LaunderingStay against Attachment/Freezing of Bank Account of petitioner - stay against the criminal investigation and prosecution - HELD THAT:- If we revert back to the operative portion of the impugned order of learned Single Judge which is reproduced in the earlier portion of this order, what it says is that the respondents (that is the present appellant) are restrained from taking any coercive steps against the petitioner “as directed by the Supreme Court.” Firstly, this direction preventing the department from taking coercive action against the petitioner nowhere includes stay against the order of attachment imposed by the Department. In any case the order of attachment has not been challenged and could not have been stayed. Question of stay against the criminal investigation and prosecution - HELD THAT:- In view of the clarification and modification by the Supreme Court in its own order in the case of Anil Kumar Gadodia, it is provided that the direction for not taking coercive action against the petitioner is given by the learned Single Judge in the impugned order, would not cover any criminal prosecution against him. In other words, it would be open for the department to continue the investigation and prosecution in relation to the alleged actions of the petitioner in accordance with law. Appeal disposed off.
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