revival of economy and can only encourage not the decline and fall but the rise and growth of underground economy thriving with underhand dealings ... country fracturing the very foundations of a sound economic structure. Parallel economy stands before us all like a colossus. Serious efforts are on to weaken
Such criminal activities not
only stifle entrepreneurship, but also create a parallel economy, fostering
corruption and subverting the rule of law.
8. The way, these
elimination of black money that casts a
long shadow of parallel economy on real
economy of the country and "operation
clean money
revenue of the State and this
may encourage them to run parallel economy of corruption.
She also submitted that the illegal use of public office
circulation in the market could give rise to existence of a
parallel economy which would be highly detrimental to the growth of the
nation
economy. It had started long back and is prevalent till date. Parallel economy is a well known phenomenon in the country.
(b) the three amalgamations ... economy. It had started long back and is prevalent till date. Parallel economy is a well known phenomenon in the country.
(b) The three amalgamations
should not be dealt as general offender because economic offenders run parallel economy and they are serious threat to the national economy
Judgement-ARPL-20865-2023.docx
entirely in the parallel economy, off the books of accounts and balance
sheet of the firm, with their conversations littered ... business activity that was entirely conducted off the books in the parallel
economy. The very transcripts of the conversations sought to be brought
on record
which has led to growth of a parallel economy.
(G) Loss in terms of Human Potential
The prohibition has pushed the consumption of
cheaper hooch ... drugs not only leading to thriving of parallel
economy of illicit liquor, but also the problem relating to
alcoholism. It has been found that
needs to be viewed seriously and considered as grave offences affecting the
economy of the country as a whole and thereby posing serious threat ... should not be
dealt as general offender, because economic offenders run parallel economy and they
are serious threat to the national economy. In the case
