M/S PRAKASH INDUSTRIES LTD & ANR vs DIRECTORATE OF ENFORCEMENT & ANR

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Pronounced on: 28th March, 2025 + CRL.M.C.2526/2019, CRL.M.As.10049/2019 & 10051/2019 M/S PRAKASH INDUSTRIES LTD & ANR .....Petitioners Through: Mr. Vikas Pahwa, Senior Advocate with, Mr. Gurpreet Singh, Mr. Amir Khan, Mr. Shivam Tandon, Ms. Namisha Samshi, Mr. Shivam Tandon, Mr. Kunal Aggarwal and Mr. Ali Kazi, Advocates. versus DIRECTORATE OF ENFORCEMENT & ANR ....Respondents Through: Mr. Ripudaman Bhardwaj, SPP with Mr.Kushagra Kumar and Mr. Abhinav Bhardwaj and Mr. Vishal Baliyan, Advocates for CBI. + CRL.M.C. 7396/2023 & CRL. M.A. 27609/2023 VIPUL AGARWAL .....Petitioner Through: Mr. Arshdeep Singh Khurana, Mr. Peeyush Bhatia and Mr. Sulakshan V. S., Advocates versus CENTRAL BUREAU OF INVESTIGATION & ANR. .....Respondents Through: Mr. Ripudaman Bhardwaj, SPP with Mr.Kushagra Kumar and Mr. Abhinav Bhardwaj and Mr. Vishal Baliyan, Advocates for CBI. CORAM: CRL.M.C.2526/2019 & one other connected matter Signature Not Verified Page 1 of 78 Digitally Signed By:PRAVEEN KUMAR BABBAR Signing Date:01.04.2025 14:49:44 HON’BLE MR. JUSTICE CHANDRA DHARI SINGH JUDGMENT CHANDRA DHARI SINGH, J. 1. At the outset, it is stated that by way of both the captioned petitions, the petitioners have sought for common reliefs and have made similar submissions before this Court. Therefore, for the purpose of adjudication, this Court has culled out the facts and submissions from Crl.M.C. 2526/2019 for convenience. FACTUAL MATRIX 1. The instant petition, CRL.M.C.2526/2019, under Section 482 of the Code of Criminal Procedure, 1973 (hereinafter “CrPC”) [now Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (hereinafter “BNSS”) has been filed on behalf of the petitioner seeking supply and quashing of ECIR no. 07-DLZO-01/2018; quashing of RC no