https://www.taxtmi.com/caselaws?id=789801 Under the Fugitive Economic Offenders Act, 2018, an arrest warrant issued in relation to a scheduled offence remains valid unless it is legally cancelled or fully satisfied by production before the Indian court; a foreign arrest and grant of bail do not by themselves extinguish the warrant. The Act's Rs. 100 crore threshold may be established on a rational prima facie belief based on tangible material, including complaints, investigation material, foreign asset details, recorded statements, and assessment records, without awaiting conclusive determination at the initiation stage. On that basis, the declaration of a fugitive economic offender was upheld. en-us Thu, 09 Apr 2026 00:00:00 +0530 Tue, 14 Apr 2026 11:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789801 Under the Fugitive Economic Offenders Act, 2018, an arrest warrant issued in relation to a scheduled offence remains valid unless it is legally cancelled or fully satisfied by production before the Indian court; a foreign arrest and grant of bail do not by themselves extinguish the warrant. The Act's Rs. 100 crore threshold may be established on a rational prima facie belief based on tangible material, including complaints, investigation material, foreign asset details, recorded statements, and assessment records, without awaiting conclusive determination at the initiation stage. On that basis, the declaration of a fugitive economic offender was upheld. Case-Laws Money Laundering Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789801