Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
At the discharge and charge-framing stage under the PMLA, the court reiterated that the enquiry is limited to whether the prosecution material, taken at face value, raises prima facie grave suspicion; the accused's defence and disputed explanations are not to be weighed at that stage. On the record, the court found sufficient material showing alleged bribery-linked layering, concealment and projection of proceeds as untainted property, so the refusal to discharge and framing of charge were upheld. Statements recorded under Section 50 PMLA were treated as admissible and capable of corroborating documentary evidence. The Special Court at Ranchi was also held to have territorial jurisdiction because the scheduled offence and alleged conspiracy were connected with Ranchi, and no patent illegality justified revisional interference.
At the discharge and charge-framing stage under the PMLA, the court reiterated that the enquiry is limited to whether the prosecution material, taken at face value, raises prima facie grave suspicion; the accused's defence and disputed explanations are not to be weighed at that stage. On the record, the court found sufficient material showing alleged bribery-linked layering, concealment and projection of proceeds as untainted property, so the refusal to discharge and framing of charge were upheld. Statements recorded under Section 50 PMLA were treated as admissible and capable of corroborating documentary evidence. The Special Court at Ranchi was also held to have territorial jurisdiction because the scheduled offence and alleged conspiracy were connected with Ranchi, and no patent illegality justified revisional interference.
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