2022 (5) TMI 1630 - SCH - Money Laundering

Seeking to withdraw present special leave petition with liberty to approach afresh - Seeking grant of Regular Bail - funds from the Term loan were diverted to 25 non-contracting parties - Proceeds of crime - misappropriation or diversion of funds - siphoning off of funds - constitutional validity of Section 45 of PMLA - HELD THAT - The special leave petition is dismissed as withdrawn with liberty as sought.

Summary

Title: Supreme Court of India dismisses special leave petition with liberty to approach afresh

Judges: Hon'ble Mr. Justice B.R. Gavai and Hon'ble Ms. Justice Hima Kohli

Representation:
- Petitioner: Mr. Abhishek Manu Singhvi, Sr. Adv. and others
- Respondent: Mr. Mukul Singh, Adv. and Mr. Mukesh Kumar Maroria, AOR

Decision:
- Petitioner seeks to withdraw special leave petition with liberty to approach afresh
- Special leave petition dismissed as withdrawn with liberty granted
- Pending application(s) also disposed of