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Issues: Whether a writ petition seeking quashing of an ECIR and restraint against coercive action was maintainable and ripe for adjudication when the petitioner was not named as an accused in the predicate FIR or the ECIR, and whether the availability of anticipatory bail under Section 438 of the Code of Criminal Procedure, 1973 barred such writ relief.
Analysis: The petition was directed against summons issued under Section 50 of the Prevention of Money Laundering Act, 2002 and sought quashing of the ECIR, though the ECIR was not on record and the petitioner was not named as an accused in the predicate FIR, the ECIR, or the prosecution complaint. Section 50 confers summons and inquiry powers, while the power of arrest lies separately under Section 19 of the Prevention of Money Laundering Act, 2002; a summons under Section 50 does not itself authorise arrest. The court further held that Section 438 of the Code of Criminal Procedure, 1973 is available to a person apprehending arrest even before a formal accusation or FIR, subject to the statutory conditions applicable in PMLA matters, and therefore the petitioner had an alternate remedy. Since the ECIR was unavailable and the petition rested on an apprehension of possible arrest rather than a substantiated legal infirmity in the ECIR itself, the challenge was held to be premature.
Conclusion: The writ petition was not entertained as premature, and the request for interim protection did not arise.
Ratio Decidendi: A person summoned under Section 50 of the Prevention of Money Laundering Act, 2002 cannot seek quashing of an ECIR or injunctive protection merely on an apprehension of arrest, because summons power and arrest power are distinct and the remedy of anticipatory bail remains available before formal accusation.