Excelsior Correspondent
JAMMU, May 30: Division Bench of High Court comprising Justice Alok Aradhe and Justice Janak Raj Kotwal has directed the Crime Branch to conduct investigation into the FIR pertaining to transactions made by Sheen Finance Investment and file charge-sheet within a period of four weeks.
The direction was passed in a petition filed by Welfare Association of Shareholders Versus State of J&K and Others.
When the petition came up for hearing, Advocate R K S Thakur appearing for the petitioners while inviting the attention of the court to the status report filed by Senior AAG Wasim Sadiq Nargal submitted that the court had directed the Crime Branch to conclude the investigation in FIR No.12/2008 and FIR No.107/2013.
“The action of the Crime Branch in not investigating the FIR No.107/2013 in view of the filing of FIR No.12/2008 is not justified in law”, he said, adding “both the FIRs pertain to different transactions and FIR No.107/2013 cannot be cancelled and ought to have been investigated along with FIR No.12/2008 even if the transaction in question is same”.
On the other hand, Senior AAG Wasim Sadiq Nargal submitted that investigating agency after concluding the investigation has come to the conclusion that with regard to the same offence, once again the FIR No.107/2013 cannot be lodged therefore the direction has been issued for cancellation of FIR No.107/2013.
After considering the submissions from both the sides, DB directed the investigating agency to investigate the FIR No.107/2013 and file final report within a period of four weeks. The FIR has been lodged on the complaint of Karam Singh S/o Ujagar Singh of Shakti Nagar.
The DB also directed the respondents to provide all necessary infrastructure and other assistance to O P Sharma, Official Liquidator, who shall do the needful and submit report within a period of four months from today.
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