Standard Chartered Bank & Ors. Etc. vs Directorate Of Enforcement & Ors. Etc.

Authority: Supreme Court Date: 2005-05-05 Section: 276C, 277, 278, 278B, 56, 3(42), 11 Acts: Foreign Exchange Regulation Act, 1973; Income Tax Act, 1961; Indian Penal Code, 1860; Suppression of Immoral Traffic in Women & Girls Act, 1956; Prevention of Food Adulteration Act, 1954 Result: Revenue Citation: (2005) 195 CTR (SC) 465 : (2005) 275 ITR 81 (SC) : (2005) 145 TAXMAN 154 (SC) Justices: N. Santosh Hegde, K.G. Balakrishnan, D.M. Dharmadhikari, Arun Kumar & Appeal No: Civil Appeal Nos. 1748 to 1751 & 1944 of 1999, Crl. Appeal Nos. 684, 685 &
Whether a company or corporate body can be prosecuted for offences where mandatory sentence of imprisonment is prescribed --- Held Yes; Whether the Court has discretion to impose only fine on a company when statute prescribes imprisonment and fine --- Held Yes

šŸ”’ Direct Access Blocked

For your security and to prevent unauthorized automated access, individual judgment links cannot be opened directly. Please access this content via Google Search or the TaxPundit Search Portal.

AI Deep Dive
0/5 selected

Membership Required

Unlock official PDFs for all landmark cases.

JOIN NOW āž”
Shopping Cart