https://www.taxtmi.com/caselaws?id=310306 The SC upheld the HC's decision to transfer the investigation to the SFIO, dismissing the petitioner's appeal. The court affirmed that the SFIO could investigate complex financial offenses involving individuals and companies, even if statutory provisions do not explicitly cover such cases. The SC emphasized that Constitutional Courts have the authority to direct investigations by specialized agencies when necessary. The court also clarified that accused individuals cannot choose their investigating agency, ensuring the ongoing investigation by SFIO would not prejudice the petitioner's pending case in the HC. en-us Wed, 04 Jan 2023 00:00:00 +0530 Wed, 18 Oct 2023 05:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310306 The SC upheld the HC's decision to transfer the investigation to the SFIO, dismissing the petitioner's appeal. The court affirmed that the SFIO could investigate complex financial offenses involving individuals and companies, even if statutory provisions do not explicitly cover such cases. The SC emphasized that Constitutional Courts have the authority to direct investigations by specialized agencies when necessary. The court also clarified that accused individuals cannot choose their investigating agency, ensuring the ongoing investigation by SFIO would not prejudice the petitioner's pending case in the HC. Case-Laws Indian Laws Wed, 04 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310306