CA and Trader Previously Arrested in Ongoing Fake Firm Case: Delhi HC Refuses to Intervene in Challenge to Quash SCN

The Delhi High Court has refused to intervene in a challenge to quash a show cause notice against a Chartered Accountant and a trader, who were previously arrested in an ongoing fake firm case. The court's decision was based on the fact that the matter was at an initial stage and there was no need for its intervention. The ruling reinforces the principle that a writ petition cannot be a substitute for the appellate process.