TaxTMI 
TaxTMI 
2026 (9) TMI 1126
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....passed by learned Special Judge, PMLA Court, Jaipur Metro-I, whereby accused were discharged by the trial court at the stage of charge, the judgment is taken on record. 3. The criminal writ petition nos. 757/2018 and 704/2018 were decided by a Co-ordinate Bench on 21.2.2019 with following order:- "45. From the investigation done, it is revealed that from the account of fictitious firms/companies created by Bharat Bomb, huge amount was transferred to the World Trade Park Ltd and sincere infrastructure Pt Ltd of which petitioners is Chairman and Managing Director. It is revealed from the reply that Bharat Bomb transferred more than Rs. 160/- crores to petitioner No.1 and his companies from his fictitious firms. Petitioner No.1 fac....
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....ation received by the petitioners and his companies i.e. M/S World Trade Park Ltd., M/S R.F. Trading and Properties and M/S Sincere Infrastructure Pvt. Ltd was more than Rs.160/- crores, whereas, the sale consideration was Rs.78.99/crores. It is also revealed from the investigation that even after execution of the last sale deed in August, 2015, 27 crores was received by the petitioners. The amount received was the tainted money of Bharat Bomb. 48. It is also revealed from theinvestigation that the persons who have appeared on behalf of the firms for getting the er properties registered have categorically stated that they have no concern with the properties and firms in which they are shown as partners, the properties actually belo....
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....igation has been completed and complaint has been filed, the Criminal Writ Petition No.704/2018 has become infructuous and the same is, accordingly, dismissed. 53. As far as the Writ petition No.757/2018 is concerned, the prayer in the writ petition is for quashing the complaint. Judgment of "State of Haryana vs Bhaian Lal & Ors." AIR 1992 SC 604 which had laid down guidelines and has permitted for quashing the proceedings by the High Court in rarest of rare cases where allegations, if taken on the their face value do not prima facie constitute any offence has no applicability to the present case in hand, there is specific allegation of laundering of money which was proceed of crime and in the investigation done by the authorized O....