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HomeNewsOpinionThis ruling on powers of SFIO clears the air on its primacy

This ruling on powers of SFIO clears the air on its primacy

The Delhi High Court ruled that once the Serious Fraud Investigation Office is assigned a case, no other authority can conduct a parallel investigation 

The primary reason for giving such exclusive jurisdiction to SFIO – albeit for a limited period and also subject to certain pre-referral approvals and condition – is that serious frauds are usually complex in nature

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