https://www.taxtmi.com/caselaws?id=111207 Criminal proceedings under the Foreign Exchange Regulation Act, 1973 were based entirely on a departmental penalty order alleging failure to realise export proceeds. That foundation vanished when the Appellate Tribunal set aside the underlying order, so the alleged contravention could no longer be sustained. The High Court applied the settled principle that inherent jurisdiction under section 482 of the Code of Criminal Procedure, 1973 may be used sparingly, but can be invoked where continuation of proceedings would amount to abuse of process and quashing is necessary to secure the ends of justice. The proceedings were therefore liable to be quashed. en-us Thu, 26 Feb 2004 00:00:00 +0530 Fri, 20 Apr 2012 18:42:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111207 Criminal proceedings under the Foreign Exchange Regulation Act, 1973 were based entirely on a departmental penalty order alleging failure to realise export proceeds. That foundation vanished when the Appellate Tribunal set aside the underlying order, so the alleged contravention could no longer be sustained. The High Court applied the settled principle that inherent jurisdiction under section 482 of the Code of Criminal Procedure, 1973 may be used sparingly, but can be invoked where continuation of proceedings would amount to abuse of process and quashing is necessary to secure the ends of justice. The proceedings were therefore liable to be quashed. Case-Laws Companies Law Thu, 26 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111207