2019 (12) TMI 1560 - SCH - Money Laundering

Money Laundering - public auction - the allegations are to the effect that the lands, which would fetch higher value in the public auction, were purchased by the petitioners in connivance with the other accused resulting in a huge loss - burden to prove. HELD THAT - Issue notice.

Summary

Title: Supreme Court of India stays proceedings in complaint CC No. 56/2018

Key Points:
- Citation: 2019 (12) TMI 1560 - SC Order
- Judges: HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE B.R. GAVAI, HON'BLE MR. JUSTICE SURYA KANT
- Petitioner represented by Dr. A.M. Singhvi and team
- Respondent represented by Mr. Tushar Mehta and team
- Court heard both sides and issued notice
- Solicitor General requested stay on proceedings in complaint CC No. 56/2018
- Order granted to stay proceedings