https://www.taxtmi.com/caselaws?id=446194 Delhi HC ruled that ECIR cannot be quashed despite two predicate FIRs being compounded/quashed, as a third FIR registered later constitutes valid scheduled offence legitimizing the ECIR's existence. However, proceedings related to the compromised FIRs must cease. The department cannot continue investigation concerning the two settled FIRs but may proceed based on the remaining valid scheduled offence. Petition allowed partially, with proceedings quashed only regarding the compromised FIRs while ECIR remains valid for ongoing scheduled offence. en-us Fri, 24 Nov 2023 00:00:00 +0530 Mon, 27 Nov 2023 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446194 Delhi HC ruled that ECIR cannot be quashed despite two predicate FIRs being compounded/quashed, as a third FIR registered later constitutes valid scheduled offence legitimizing the ECIR's existence. However, proceedings related to the compromised FIRs must cease. The department cannot continue investigation concerning the two settled FIRs but may proceed based on the remaining valid scheduled offence. Petition allowed partially, with proceedings quashed only regarding the compromised FIRs while ECIR remains valid for ongoing scheduled offence. Case-Laws Money Laundering Fri, 24 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446194