business

Delhi High Court quashes Newsclick FIR, ED money laundering case

The Hindu NationalBy The Hindu National

6 Nov 2026

Original: English

AI Synopsis & Key Briefing

Judge says allegations on FDI, share valuation and expenditure do not disclose criminal offences

Key Highlights & Official Takeaways

✓Judge says allegations on FDI, share valuation and expenditure do not disclose criminal offences
✓Primary Authority: Official communique verified from The Hindu National.
✓Civic Domain: Categorized under business public notices.

Comprehensive News & Policy Report

The Delhi High Court quashed an FIR registered against digital news platform Newsclickand its founder Prabir Purkayastha, holding that the allegations relating to foreign direct investment (FDI), share valuation and expenditure of funds did not disclose offences of cheating or criminal breach of trust.

In a judgment delivered on May 29, Justice Neena Bansal Krishna quashed the FIR registered by the Economic Offences Wing (EOW) on August 26, 2020, observing that even if all allegations in the complaint were accepted at face value, the essential ingredients of the offences were not made out.

judiciary (system of justice) / justice and rights

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