Hira Lal Hari Lal Bhagwati vs C.B.I., New Delhi

The Supreme Court upheld the High Court's decision to initiate criminal proceedings under Section 120B and Section 420 IPC against the appellants for obtaining a Customs Duty Exemption Certificate through false assertions. The Court emphasized that the appellants' actions constituted a conspiracy to cheat the Government of India by violating the 'actual user' condition as per Customs Notifications No. 279/83 and No. 64/88. The appeal was dismissed, affirming the High Court's order and the legitimacy of the criminal proceedings initiated by the Central Bureau of Investigation.