Home Case Index All Cases Money Laundering Money Laundering + HC Money Laundering - 2022 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (12) TMI 57 - HC - Money LaunderingCheating - offence of money laundering or not - it is alleged that some of the foreigners invested thereby huge amounts in Indian Companies for the purpose of purchasing flats in Quepem - offence under Section 120B, 420 of IPC or not - HELD THAT:- The fact remains on record that FIR No.86/2017 registered at Quepem Police Station remains on record and no investigation has been carried in it till date. Report of the Sub-Divisional Police Officer clearly shows that it was a civil dispute in which attempt was made to convert it into a criminal offense. It is now well settled that powers of this Court under Section 482 of CrPC though extraordinary in nature, could be exercised so as to quash the FIRs which are practically considered to be civil disputes. There is already a report given by the Sub Divisional Officer of Quepem that it was a civil dispute. Even Final Report for grant of 'A' Summary was filed before the Quepem Court and then it was subsequently withdrawn. However, fact remains that complaint lodged by respondent no.2 discloses that it is a civil dispute and specifically in connection with the sale and purchase of flats in the project which the petitioner was constructing - it is deemed fit and proper to quash and set aside such FIR registered at Quepem Police Station under Section 482 of CrPC as continuance of such FIR is clearly an abuse of the process of law and no purpose would be served. Petition allowed.
|