https://www.taxtmi.com/caselaws?id=103976 Pendency of an appeal against an adjudication or penalty order does not, by itself, bar or suspend prosecution under section 57 of the Foreign Exchange Regulation Act, 1973. The criminal proceeding may continue notwithstanding the appeal, and the proper course is to seek expeditious disposal of the appellate challenge. A criminal court may, in appropriate circumstances, grant a limited adjournment or postponement if the related proceeding is likely to conclude imminently and materially affect the case, but there is no rule requiring an indefinite stay where that would frustrate the prosecution. en-us Tue, 09 Dec 1997 00:00:00 +0530 Sat, 25 Feb 2012 12:08:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103976 Pendency of an appeal against an adjudication or penalty order does not, by itself, bar or suspend prosecution under section 57 of the Foreign Exchange Regulation Act, 1973. The criminal proceeding may continue notwithstanding the appeal, and the proper course is to seek expeditious disposal of the appellate challenge. A criminal court may, in appropriate circumstances, grant a limited adjournment or postponement if the related proceeding is likely to conclude imminently and materially affect the case, but there is no rule requiring an indefinite stay where that would frustrate the prosecution. Case-Laws Companies Law Tue, 09 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103976