https://www.taxtmi.com/caselaws?id=764675 ECIR proceedings were challenged on the basis that the respondent had been acquitted in two predicate cases, but one connected predicate case ended in conviction and the appeals against both the acquittals and conviction were still pending. The Supreme Court noted that the High Court erred in quashing the ECIR by relying on the acquittals while ignoring the subsisting conviction in the third case. Leave was granted, and the impugned order was stayed during the pendency of the appeal, with the appellants permitted to proceed in accordance with law. en-us Tue, 10 Dec 2024 00:00:00 +0530 Thu, 16 Jan 2025 08:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764675 ECIR proceedings were challenged on the basis that the respondent had been acquitted in two predicate cases, but one connected predicate case ended in conviction and the appeals against both the acquittals and conviction were still pending. The Supreme Court noted that the High Court erred in quashing the ECIR by relying on the acquittals while ignoring the subsisting conviction in the third case. Leave was granted, and the impugned order was stayed during the pendency of the appeal, with the appellants permitted to proceed in accordance with law. Case-Laws Money Laundering Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764675