Delhi High Court Quashes Summons Against Hero Motocorp Chairman

The Delhi High Court has quashed a summons issued to Hero Motocorp chairman Pawan Kant Munjal in a case concerning foreign currency violations. The court found the initial trial court's order against Munjal unfounded and has exonerated him based on prior tribunal findings. The case involves alleged illicit foreign currency exports by Munjal and associated entities.

The Delhi High Court has invalidated a summons issued to Hero Motocorp chairman Pawan Kant Munjal regarding a foreign currency case initiated by the Directorate of Revenue Intelligence (DRI).

The order came after Munjal's plea challenging a trial court's July 1, 2023, decision to summon him for alleged offences under the Customs Act. Justice Manoj Kumar Ohri's ruling stated, 'The petition is allowed. Summoning order is quashed.'

Previously, the high court had already stayed proceedings related to the case, noting Munjal had been earlier exonerated by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) on the same facts. The DRI’s complaint, filed in 2022, accused Munjal and associated entities of attempting to export prohibited foreign currency illegally.