https://www.taxtmi.com/caselaws?id=781639 A SEBI consent order confined to the proceedings covered by it does not compromise or terminate independent CBI criminal prosecutions, especially where the prosecutions had already reached cognizance and involved alleged market manipulation, forged documents and misuse of the IPO process. In considering quashing, the Court applied the settled rule that inherent jurisdiction is exercised sparingly, and that serious economic offences with wider societal impact are not ordinarily quashed merely because there has been payment or settlement with a regulator. The alleged conduct was treated as a planned conspiracy affecting investors and the market, so continuation of the prosecution was not an abuse of process. en-us Fri, 14 Nov 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781639 A SEBI consent order confined to the proceedings covered by it does not compromise or terminate independent CBI criminal prosecutions, especially where the prosecutions had already reached cognizance and involved alleged market manipulation, forged documents and misuse of the IPO process. In considering quashing, the Court applied the settled rule that inherent jurisdiction is exercised sparingly, and that serious economic offences with wider societal impact are not ordinarily quashed merely because there has been payment or settlement with a regulator. The alleged conduct was treated as a planned conspiracy affecting investors and the market, so continuation of the prosecution was not an abuse of process. Case-Laws SEBI Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781639