2023 (11) TMI 1242 - SCH - Money Laundering

Money Laundering - Section 45 of the Prevention of Money Laundering Act 2002 - HELD THAT - The detailed investigation has been carried out. In fact in July 2018 on two occasions statements of the appellant have been recorded. What is pertinent to note is that even during the course of investigation the Enforcement Directorate did not arrest him. Considering these peculiar facts the interim order passed on 13th October 2023 deserves to be made absolute on the same terms and conditions. Appeal allowed.

Summary

The Supreme Court of India granted leave and made the interim order dated 13th October, 2023 absolute in a case related to the Prevention of Money Laundering Act, 2002. The appellant was not arrested during the investigation, leading to the appeal being allowed.