2024 (7) TMI 1610 - SCH - Money Laundering

Money Laundering - seeking enlargement on bail - mastermind of the alleged offence named Bharat Bomb has never been arrested in view of the statement made on behalf of the Directorate of Enforcement - HELD THAT - It is required to set aside the impugned order by granting bail to the appellant subject to the conditions that may be imposed by the designated Court. Appeal allowed.

Summary

**Supreme Court Judgment Summary:**In the case presided over by Hon'ble Mr. Justice M.M. Sundresh and Hon'ble Mr. Justice Aravind Kumar, the Supreme Court granted leave and decided to set aside the impugned judgment. The decision was based on the fact that the alleged mastermind of the offense, Bharat Bomb, has not been arrested, as stated by the Directorate of Enforcement. The appellant sought "enlargement on bail," which the Court granted, subject to conditions imposed by the designated Court. The Court emphasized that the designated Court could impose conditions to ensure the trial proceeds, noting the respondent's concern, represented by Mr. S.V. Raju, A.S.G., that the appellant might be a "flight risk." Consequently, the appeal was allowed, and any pending applications were disposed of.