
Prashant Mara
5 minutes ago1 min read
A Quiet Nudge to Criminal Enforcement by the Supreme Court in the Sterling Biotech Case
(Prashant Mara and Sidharth S Kumar) The Supreme Court’s decision in Hemant S. Hathi & Anr. v. CBI & Ors. is a landmark in India’s regulatory approach. The Court quashed criminal, PMLA, SFIO, and other proceedings after petitioners agreed to pay INR 5,100 crore as a final settlement of bank dues. This ruling, though non-precedential, signals a shift toward economic restitution over punitive enforcement. The Supreme Court exercised its equity powers vested in it to balance pub










