Mantrika Sales Thru Its Prop. Suryanspadmnabham v. State of U.P. and Anr.
Case brief
What is this about?
In criminal appeal, the Supreme Court examined the quashing of Section 2 FERA proceedings for alleged foreign exchange violations involving an order in 2014 and recovery attempt in 2017. The Court set aside the quashing order despite the time gap and dismissed the appeal.
What did the court decide?
The High Court's order quashing the prosecution under Section 2 FERA was set aside; the appeal was dismissed.