No Prosecution of Chartered Accountant for Issuing Form 15CB Certificates Without Knowledge of Forgery
Last updated: 17 December 2025
Court :
Supreme Court of India
Brief :
The Hon'ble Supreme Court in the case of The Deputy Director V. Murali Krishna Chakrala [Special Leave Petition (Criminal) Diary No(S). 8123/2024] upheld the judgment by the Hon'ble Madras High Court in the case of Murali Krishna Chakrala v. The Deputy Director, Directorate of Enforcement [(Crl.R.C.No.1354 of 2022), order dated November 23, 2022] held that the Petitioner, a Chartered Accountant, who issued Form 15CB certificates to client entities without knowledge of forged documents or fraudulent intent, is not a conspirator and is discharged from prosecution under the Prevention of Money Laundering Act, 2002 ("PMLA"). The Court allowed his discharge while giving liberty to the prosecution to examine him as a witness.
Citation :
Special Leave Petition (Criminal) Diary No(S). 8123/2024
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Bimal Jain
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