2024 (8) TMI 721 - SCH - Money Laundering

Seeking grant of bail - money laundering - proceeds of crime - fraudulent acquisition of land which was in possession of Ministry of Defence, Government of India - reasons to believe - twin conditions laid down u/s 45 PMLA, 2002 - it was held by High Court that 'The twin conditions as prescribed u/s 45 PMLA, 2002 having been fulfilled, this application is allowed.' HELD THAT - There are no reason to interfere with the impugned judgment and order passed by the High Court. The special leave petition is, accordingly, dismissed.

Summary

The Supreme Court dismissed the special leave petition and clarified that observations made by the High Court judge regarding bail consideration should not influence the Trial Court. Pending applications were disposed of.