https://www.taxtmi.com/caselaws?id=785934 High Court principles require that a petition to quash an FIR or chargesheet be assessed on the face of allegations to determine whether they disclose a cognizable offence; merits and evidentiary value of investigation materials are not permissible in writ review except where the allegations on their face do not constitute an offence, disclose a purely civil dispute, or are manifestly mala fide or instituted with ulterior motive. The court summarises the scope of the moneylaundering offence as attracting liability where prima facie involvement with proceeds of crime is shown; the Enforcement Directorate's investigative materials alleging diversion of funds and undervalued ESOPs supported prosecution, and the writ petitions were dismissed. en-us Fri, 23 Jan 2026 00:00:00 +0530 Tue, 03 Feb 2026 08:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785934 High Court principles require that a petition to quash an FIR or chargesheet be assessed on the face of allegations to determine whether they disclose a cognizable offence; merits and evidentiary value of investigation materials are not permissible in writ review except where the allegations on their face do not constitute an offence, disclose a purely civil dispute, or are manifestly mala fide or instituted with ulterior motive. The court summarises the scope of the moneylaundering offence as attracting liability where prima facie involvement with proceeds of crime is shown; the Enforcement Directorate's investigative materials alleging diversion of funds and undervalued ESOPs supported prosecution, and the writ petitions were dismissed. Case-Laws Money Laundering Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785934