Thursday, December 10, 2020

SEBI’s pending investigation against broker in similar case couldn’t be ground to quash FIR for offences under IPC

COMPANY LAW/SEBI : Where complainant had filed an FIR against petitioner-broker and petitioner sought for quashing of FIR on ground that SEBI was also investigating a similar compliant 'it was held that fact that SEBI was investigating or prosecuting petitioner for offences under SEBI Act, or relevant regulations made thereunder did not in any manner warrant quashing of instant FIR;

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000197247/sebi’s-pending-investigation-against-broker-in-similar-case-couldn’t-be-ground-to-quash-fir-for-offences-under-ipc.aspx

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