https://www.taxtmi.com/caselaws?id=314025 In a settlement-driven prosecution under Section 482 CrPC, quashing of the FIR-based criminal proceedings was made conditional on the affected claimants first filing affidavits stating that they had no objection to the proceedings being quashed against the petitioner. The deposited amount was directed not to be disbursed until those affidavits were filed and the High Court passed the quashing order, and the petitioner was allowed to participate to verify the genuineness of the claimants and payments. The arrangement therefore linked termination of the criminal proceedings to secured payment and confirmed claimant consent. en-us Fri, 22 Sep 2017 00:00:00 +0530 Mon, 13 May 2024 21:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314025 In a settlement-driven prosecution under Section 482 CrPC, quashing of the FIR-based criminal proceedings was made conditional on the affected claimants first filing affidavits stating that they had no objection to the proceedings being quashed against the petitioner. The deposited amount was directed not to be disbursed until those affidavits were filed and the High Court passed the quashing order, and the petitioner was allowed to participate to verify the genuineness of the claimants and payments. The arrangement therefore linked termination of the criminal proceedings to secured payment and confirmed claimant consent. Case-Laws Money Laundering Fri, 22 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314025