Khaitan & Co successfully secured the acquittal of SKS Ispat & Power Limited and its directors in a CBI coal block allocation case before the Special Judge (PC Act), Rouse Avenue District Court, New Delhi. The court found insufficient evidence to sustain the charges.
Supreme Court of India held bona fide purchaser cannot face prosecution for cheating or forgery without intent. Court stressed criminal liability requires clear evidence of inducement and participation in alleged fraud.
