Case Law Analysis
|Delhi High Court
Section 120B IPC | Facilitating Share Price Manipulation for QIP Constitutes Criminal Conspiracy : Delhi HC
Delhi High Court rules that involvement in artificial share price manipulation to enable a Qualified Institutional Placement (QIP), even without direct financial benefit, meets the threshold for criminal conspiracy under Section 120B IPC. Summoning is justified at the threshold stage if supported by circumstantial evidence and witness statements, reinforcing the broad scope of conspiracy liability in financial crimes.