Enforcement agency's application dismissed; decision refuses to treat issuance of five Form 15CBs by CA as conspiracy or money-laundering SC dismissed the enforcement agency's application and refused to interfere with the Madras HC's impugned order dated 08.08.2024. The Court held there was ...
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Enforcement agency's application dismissed; decision refuses to treat issuance of five Form 15CBs by CA as conspiracy or money-laundering
SC dismissed the enforcement agency's application and refused to interfere with the Madras HC's impugned order dated 08.08.2024. The Court held there was no valid ground to disturb the HC decision and declined to treat the mere issuance of five Form 15CBs by a CA, at a client's request, as automatically bringing the CA within a conspiracy or money-laundering net. Miscellaneous applications were dismissed.
Having heard learned counsel for the petitioner, the Court observed that, "regardless of the dismissal of SLP (Crl.) Diary No. 8123/2024 on 18.03.2024, which was filed by Directorate of Enforcement, there is no valid ground to interfere with the impugned order dated 08.08.2024 passed by the Madras High Court." On that basis the Miscellaneous Application is dismissed. All pending applications, if any, are also directed to stand disposed of.
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