https://www.taxtmi.com/caselaws?id=754971 Where adjudication under the Foreign Exchange Regulation Act, 1973 ends in exoneration on merits after consideration of the relied-upon documents, official statements and the defence materials, criminal prosecution on the same allegations cannot continue. The court applied the principle that a finding that the contravention is not proved in parallel adjudication makes identical criminal proceedings an abuse of process, and the exception for incomplete consideration of material did not apply on the facts. The criminal complaint was therefore held liable to be quashed. en-us Fri, 28 Jun 2024 00:00:00 +0530 Thu, 04 Jul 2024 08:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754971 Where adjudication under the Foreign Exchange Regulation Act, 1973 ends in exoneration on merits after consideration of the relied-upon documents, official statements and the defence materials, criminal prosecution on the same allegations cannot continue. The court applied the principle that a finding that the contravention is not proved in parallel adjudication makes identical criminal proceedings an abuse of process, and the exception for incomplete consideration of material did not apply on the facts. The criminal complaint was therefore held liable to be quashed. Case-Laws FEMA Fri, 28 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754971