Legal Question in Criminal Law in India

Re: case u/s17(a) ipc

Consequences of non-submission of annual declaration of assets to employer and investigation of disproportionate assets under the Anti-corruption law are different.

For former, there may be a departmental inquiry. For later, there may be a prosecution.

Re: case u/s17(a) ipc

in case you have not submitted your asset and liability account to railways, you may submit now irrespective of the investigations going on by CBI. does CBI has any other proof against you apart from telephonic recording.

Re: case u/s17(a) ipc

cbi has right to ask such submission

Re: case u/s17(a) ipc

You may have to check the railwya manuals for the procedural issues not complied with. However, I fail to understand that when CBI is investigating the issue they may have submitted their claim of the assets held excess by you.

Re: case u/s17(a) ipc

cbi can inquire about your assess ts and if found to be more than from your declared source of income, you can be prosecuted under the PC Act, you can also be prosecuted by the Income Tax department

Re: case u/s17(a) ipc

If your assets are not "disproportionate to your means", there is nothing serious; however, if you have made 'substantial' assets without filing annual property returns, it may turn to be serious. The seriousness/penalty may depend upon facts and circumstances of the case.