SC stays criminal proceedings against IREO Group, Oberoi Realty MDs

The Supreme Court has stayed criminal proceedings against IREO Group Managing Director Lalit Goyal and Oberoi Realty Limited Chairman and Managing Director Vikas Oberoi over allegations of cheating, criminal breach of trust and forgery.

A vacation bench of Justices PV Sanjay Kumar and Augustine George Masih issued notice to the Haryana government on a plea filed against an order of the Punjab and Haryana High Court.

"The question as to whether the filing of the second complaint would amount to an abuse of process and as to whether the complainant approached the court with unclean hands requires further examination. Issue notice to the respondents ...In the meanwhile, there shall be stay of further proceedings in relation to FIR," the bench said.

The top court was hearing a plea filed by IREO and the Oberoi groups challenging the June 6 order of the Punjab and Haryana High Court that upheld registration of FIR.

The FIR was registered on the orders of the chief judicial magistrate at