https://www.taxtmi.com/caselaws?id=299860 Prosecution under Companies Act, 2013 provisions for conduct completed before those provisions commenced was prima facie barred as an ex post facto penal application. The Serious Fraud Investigation Office's investigation powers were treated as confined to offences under that Act, rendering a fresh investigation and complaint concerning Indian Penal Code and Companies Act, 1956 offences prima facie without jurisdiction. Parallel proceedings concerning the same transactions raised prima facie double-jeopardy and second-trial concerns. The Supreme Court's finding that recovery of private exchange-platform dues lacked public interest also prima facie undermined the jurisdictional basis for the investigation order. Ad-interim protection was granted pending written submissions. en-us Wed, 15 Jan 2020 00:00:00 +0530 Sat, 01 Jan 2022 08:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299860 Prosecution under Companies Act, 2013 provisions for conduct completed before those provisions commenced was prima facie barred as an ex post facto penal application. The Serious Fraud Investigation Office's investigation powers were treated as confined to offences under that Act, rendering a fresh investigation and complaint concerning Indian Penal Code and Companies Act, 1956 offences prima facie without jurisdiction. Parallel proceedings concerning the same transactions raised prima facie double-jeopardy and second-trial concerns. The Supreme Court's finding that recovery of private exchange-platform dues lacked public interest also prima facie undermined the jurisdictional basis for the investigation order. Ad-interim protection was granted pending written submissions. Case-Laws Companies Law Wed, 15 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299860