High CourtsSingle Bench(2019) 02 DEL CK 0558

IFCI Ltd vs State Of Nct Of Delhi & Ors

Delhi High Court · Decided on 4 February 2019

HON’BLE JUDGES
Sunil Gaur, J
RESULT
Disposed Of
CASE NUMBER
Criminal Miscellaneous Case No. 620 Of 2019, Criminal Miscellaneous Application No. 2554, 2555 Of 2019

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Judgment

11 paragraphs · 187 words

Sunil Gaur, J

Quashing of FIR No. 99/2018, under Sections 406/420/120B registered at P.S.: Economic Offence Wing (EOW), Delhi is sought on merits.

Learned Additional Public Prosecutor for State submits that the investigation of this FIR is at preliminary stage and no coercive steps against petitioner

are contemplated as of now.

Learned counsel for petitioner submits that allegations leveled in the FIR are that petitioner is a tenderer who had exercised due diligence.

If it is so, then petitioner bring this to the notice of the Investigating Officer of this case who shall also take into consideration that the entire

transaction was purportedly on ‘as it is basis’. In case any coercive steps are to be taken against Director/employees of petitioner’s

company, then a week’s notice be given to them before proceeding further.

In view of the above, learned counsel for petitioner does not press this petition for quashing of the FIR at this stage and rightly so.

This petition and the applications are accordingly disposed of as not pressed at this premature stage. Needless to say that merits of this case have not

been commented upon.