2021 (7) TMI 1452 - SCH - Money Laundering

Grant of bail - Money Laundering - scheduled offences - HELD THAT - The petitioner may be enlarged on bail, especially in view of (i) his disability; (ii) the fact that he has been released on bail in connection with the FIR for the scheduled offences on 23.08.2019; and (iii) that he is under detention in connection with the complaint under the Prevention of Money Laundering Act from October, 2018. In other words, the petitioner has undergone more than 2 years of imprisonment even in connection with the complaint under the PMLA. Therefore, the special leave petitions are disposed of and the petitioner is directed to be enlarged on bail subject to the terms and conditions as may be imposed by the special Court.

Summary

The Supreme Court of India granted bail to the petitioner due to his disability, previous bail release, and lengthy detention under the Prevention of Money Laundering Act since October 2018. The petitioner had already served more than 2 1/2 years of imprisonment. The special leave petitions were disposed of, and the petitioner was directed to be enlarged on bail with conditions set by the special Court.