https://www.taxtmi.com/caselaws?id=218769 A criminal FIR should not be quashed at the inception of investigation unless a clear legal ground for interference is shown. Where the FIR is recent, the inquiry has only begun, and the police are still examining the alleged transactions, including seeking clarification from the Reserve Bank of India, the Court will ordinarily not assess the merits pre-emptively. The truth of the allegations was held to be a matter for completion of investigation and the report under Section 173 of the Code of Criminal Procedure, 1973. On that basis, pre-emptive quashing was refused and the petition was rejected. en-us Wed, 07 Mar 2012 00:00:00 +0530 Fri, 23 Nov 2012 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218769 A criminal FIR should not be quashed at the inception of investigation unless a clear legal ground for interference is shown. Where the FIR is recent, the inquiry has only begun, and the police are still examining the alleged transactions, including seeking clarification from the Reserve Bank of India, the Court will ordinarily not assess the merits pre-emptively. The truth of the allegations was held to be a matter for completion of investigation and the report under Section 173 of the Code of Criminal Procedure, 1973. On that basis, pre-emptive quashing was refused and the petition was rejected. Case-Laws FEMA Wed, 07 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218769