2023 (7) TMI 1465 - SCH - Money Laundering

Money Laundering - complaint for offences punishable under Sections 13(1)(e) read with Section 13(2) of the Prevention of Corruption Act 1988 - it was held by High Court that The complaint registered against the petitioners in ECIR No. 70/BGZO/2009-10 by the Directorate of Enforcement Bengaluru Zone Bengaluru and the proceedings against the petitioners pending before the III Additional District and Sessions Judge D.K. Mangaluru in Spl.C. No. 74/2018 stand quashed. HELD THAT - It is not required to interfere with the impugned order and therefore the special leave petition is dismissed.

Summary

The Supreme Court dismissed the special leave petition. The petitioner can seek revival of proceedings if the appeal in the predicate offence is allowed and the respondents are convicted. Pending applications will be disposed of.