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Nikhil Merchant vs C.B.I. & Anr on 20 August, 2008

9. He also relied upon CRL.M.C.5722-30/2006 & Crl.M.A.9675/2006 titled B.B. Agarwal & Ors. versus Central Bureau of Investigation & Ors. where the Hon'ble High Court of Delhi had placed reliance on the judgment of this Hon'ble Court in Nikhil Mermachant v. CBI: 2008(4) JCC 2311 and Manoj Sharma v. State JT: 2008(11) SC 674 and quashed the criminal CRL.M.C.4261/2019 Page 6 of 12 proceedings against the petitioners therein, holding the view that no purpose would be served in keeping the criminal proceedings pending in view of the settlement arrived at between the parties. The above stated view of the High Court was challenged by the CBI before Hon'ble Supreme Court in Criminal Appeal Nos.
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