Srinagar, May 27 -- The High Court of J&K and Ladakh court has held that mere discharge or quashing of a FIR by a competent court does not automatically result in the quashing of an Enforcement Case Information Report (ECIR) filed by Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), 2002.
The judgment was delivered in a case filed by a 27-year-old Niket Kansal of Delhi against the ED. The petitioner, working as operational head of M/s N. K. Pharmaceuticals Pvt. Ltd is engaged in the marketing and transportation of the codeine-based cough syrup Cocrex.
He asserted "the respondent is engaging in his harassment through an egregious abuse of authority and misuse of power, driven by ulterior motives, by claiming...