Allowing the petition and reversing the order of High Court  the Court held that Circular binding on revenue. Department providing for prosecution only in cases where penalty exceeding Rs. 50,000 imposed. Circular is  binding on revenue. Court also held that where the  Settlement Commission granting immunity-continuation of prosecution an abuse of process of law.  Continuation of prosecution in blatant disregard of binding circular and in defiance of guidelines of Department. Such wilful non-compliance of its own directives reflected a serious lapse, and undermined the principles of fairness, consistency, and accountability, which could not be treated to be justified or lawful. Honourable Court imposed  Costs of Rs, 2,00,000  against the Revenue  payable to the appellant.