Special Leave Petition dismissed; issuance of five Form 15CBs alone not enough to implicate a chartered accountant in money-laundering conspiracy SC dismissed the Special Leave Petition and upheld the HC order, refusing to interfere. Noting a coordinate bench had reached a similar conclusion, the ...
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Special Leave Petition dismissed; issuance of five Form 15CBs alone not enough to implicate a chartered accountant in money-laundering conspiracy
SC dismissed the Special Leave Petition and upheld the HC order, refusing to interfere. Noting a coordinate bench had reached a similar conclusion, the Court declined to treat the mere issuance of five Form 15CB certificates at a client's request as, by itself, sufficient to draw a chartered accountant into a conspiracy to commit money-laundering. The matter was dismissed accordingly.
"Delay condoned." The Special Leave Petition was dismissed; the Court declined to interfere with the impugned High Court order, noting that a Coordinate Bench had earlier dismissed SLP (Criminal) Diary No. 8123/2024 on 18.03.2024 "in similar circumstances." The Court applied the principle of consistency with that earlier dismissal as the basis for non-interference. A specific clarification was issued that the High Court's observations in paragraph 10 of the impugned order are "only in the context of deciding the Criminal Revision Case" and "shall have no bearing on merits of the case." All pending applications stand disposed of. The ruling limits the effect of the High Court's remarks to the revision proceedings and preserves the substantive merits for determination elsewhere.
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