https://www.taxtmi.com/caselaws?id=310108 An FIR alleging misappropriation of trust funds, cash withdrawals on vouchers, deposits in personal accounts, and acquisition of properties by connected persons was held to disclose cognizable offences warranting investigation. The Court reiterated that inherent powers to quash must be exercised sparingly and that disputed facts, delay explained by internal enquiry, or unsupported allegations of mala fides do not justify interference where a prima facie nexus appears from the FIR and investigation material. A complaint filed by the Enforcement Directorate, operating in a distinct statutory field, did not displace the need to investigate the FIR. Interim protection against coercive steps was therefore declined. en-us Thu, 24 Feb 2022 00:00:00 +0530 Sat, 07 Oct 2023 08:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310108 An FIR alleging misappropriation of trust funds, cash withdrawals on vouchers, deposits in personal accounts, and acquisition of properties by connected persons was held to disclose cognizable offences warranting investigation. The Court reiterated that inherent powers to quash must be exercised sparingly and that disputed facts, delay explained by internal enquiry, or unsupported allegations of mala fides do not justify interference where a prima facie nexus appears from the FIR and investigation material. A complaint filed by the Enforcement Directorate, operating in a distinct statutory field, did not displace the need to investigate the FIR. Interim protection against coercive steps was therefore declined. Case-Laws Money Laundering Thu, 24 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310108