Cbi,Acb,Mumbai vs Narendra Lal Jain & Ors

The Supreme Court held that the High Court's order quashing criminal proceedings against Narendra Lal Jain and Ramanlal Lalchand Jain under Sections 120-B and 420 IPC, as well as Sections 5(2) and 5(1)(d) of the Prevention of Corruption Act, was erroneous. The Court emphasized that the existence of civil liability does not absolve the accused from criminal liability, thereby reinforcing the principle that civil and criminal proceedings can coexist. The appeal by the CBI was allowed, and the High Court's order was set aside, reinstating the criminal proceedings against the respondents.