Home Case Index All Cases Money Laundering Money Laundering + HC Money Laundering - 2024 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2024 (1) TMI 336 - HC - Money LaunderingMoney Laundering - provisional attachment order - economic offences can be quashed at the investigation stage on the ground that the matter had been settled between the parties as they were public wrongs committed against the society? HELD THAT:- In the case of Ram Kishan Fauji [2017 (3) TMI 1780 - SUPREME COURT], the Apex Court had not accepted the view expressed by a full Bench of the Andhra Pradesh High Court, wherein it held that, when the power was exercised under Article 226 of the Constitution for quashing of a criminal proceeding, there was exercise of criminal jurisdiction. A distinction was sought to be made between proceedings for quashing of the FIR under Section 482 of the Criminal Procedure Code and the powers exercisable by the High Court under Article 226 of the Constitution for quashing of criminal proceedings. The present writ appeals are not maintainable and are accordingly dismissed.
|