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2023 (3) TMI 1277 - HC - Money LaunderingMoney Laundering - siphoning off of funds - sham and bogus transaction for diverting money belonging to the homebuyers - Petitioner states that he, along with other homebuyers who had invested in the said project, have not been handed over their houses as assured by Respondent No. 5 - HELD THAT:- It is trite law that the Courts should monitor investigation only in rarest or rare cases and only when it is absolutely necessary. In DUKHISHYAM BENUPANI VERSUS ARUN KUMAR BAJORIA [1997 (11) TMI 428 - SUPREME COURT], the Apex Court has held It is not the function of the court to monitor investigation processes so long as such investigation does not transgress any provision of law. It must be left to the investigating agency to decide the venue, the timings and the questions and the manner of putting such questions to persons involved in such offences. A blanket order fully insulating a person from arrest would make his interrogation a mere ritual. This Court has carefully gone through the status report filed in the matter and the facts of the case remains that SFIO is investigating into the matter. All minute details have been filed in the status report - The facts further reveal that the status report of Directorate of Enforcement also reveals that the cases were registered under the PMLA and the investigation under the PMLA is going on. Therefore, this Court is of the considered opinion that Investigating Agencies are proceeding ahead with the matter to bring it to the logical conclusion. This Court, in the interest of justice, is of the opinion that the Investigating Agencies deserve a command to conclude the investigation and bring it to a logical conclusion at an early date keeping in view the totality of the circumstances of the case and especially the fact that the investigation is already underway by different agencies, this Court is not inclined to pass any further order in the matter. The Writ Petition is disposed of.
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