In 2022, the Bombay High Court had put aside the show-cause notices issued to events and authorities officers concerned in overvaluation of diamonds. (Representative picture/Shutterstock)
Businessman Girish Kadel was going through offence underneath Section 174 of the Indian Penal Code (IPC), together with with Section 108 of the Customs Act
A Mumbai court docket acquitted diamond service provider Girish Kadel in a case regarding the overvaluation of tough diamonds filed by Directorate of Revenue Intelligence (DRI).
In its order dated March 2, Additional Chief Metropolitan Magistrate P Modi dismissed the grievance filed on June 21, 2019 by the DRI noting that the complainant and the Public Prosecutor remained absent on a number of dates.
Businessman Girish Kadel was going through offence underneath Section 174 of the Indian Penal Code (IPC) learn with Section 108 of the Customs Act.
“…no steps are taken by the complainant to secure his presence. No one on his behalf is attending the proceeding of the case since long. Therefore, it can be said that, the complainant or his department is not interested to proceed further with this case,” the court docket famous.
“Hence, the complaint stands dismissed under section 256 (1) of the Code of Criminal Procedure, 1973 for want of prosecution. Accused stands acquitted of the offence under section 174 of Indian Penal Code, 1860 r/w section 108 of the Customs Act,” the ultimate order learn.
The DRI had filed the grievance in query earlier than the ACMM Court with respect to the inquiry being carried out within the alleged overvaluation in imports of tough diamonds by M/s Antique Exim Pvt. Ltd. and M/s Tanman Jewels Pvt. Ltd.
In 2022, the Bombay High Court had put aside the show-cause notices issued to events and authorities officers concerned in overvaluation of diamonds. The discover was issued to P Girish Kadel and others, together with government-approved valuers.
Ananya BhatnagarAnanya Bhatnagar, Correspondent at CNN-News18, reviews on varied authorized points and circumstances in decrease courts and the Delhi High Court. He has coated the …Read More
Source: www.news18.com
