INSUBCONTINENT EXCLUSIVE:
MUMBAI: In a win for creator chairman of Jet Airways Naresh Goyal and his other half Anita Goyal, Bombay high court on Thursday quashed a
money laundering case filed by Enforcement Directorate (ED) versus them and all pending proceedings relating to it.In January, the HC bench
of Justices Revati Mohite Dere and Prithviraj Chavan had actually restrained the ED from taking coercive actions versus the Goyals while
hearing their plea to quash the Enforcement Case Information Report (ECIR) dated February 20, 2020
It said the probe and proceedings were illegal and contrary to law
On Thursday, after hearing a rejoinder to EDs arguments, Justice Dere and Chavan kept in Goyals favour and quashed proceedings underthe
Prevention of Money Laundering Act (PMLA)
The reasoned order will follow.The Goyals case was that the ECIR has no basis since there is no previous offence versus them as needed after
the MRA Marg police headquarters in Mumbai closed an alleged cheating case filed by a travel representative against them.For Naresh Goyal,
senior counsel Ravi Kadam and Karan Kadam and for the partner, senior counsel Aabad Ponda, cited Supreme Court Judgments consisting of Vijay
Chaudhary versus Union of India of 2022 and ED vs Obulapuram Mining Company of 2017 to send that proceedings under PMLA are not sustainable
once the predicate-- underlying offense-- has actually been quashed or gotten rid of in favour of the accused.The Goyals had petitioned the
HC late last year to quash the ECIR.
