2024 (8) TMI 725 - SCH - Money Laundering

Grant of interim bail - Money Laundering - offences punishable under Sections 3 and 4 of the Prevention of Money Laundering Act, 2002 and Sections 384 and 120B of the Indian Penal Code, 1860 - HELD THAT - This Court prima facie found that the petitioners had made out a case for their enlargement on interim bail. Accordingly, they were directed to be released on interim bail, subject to their furnishing bail bonds to the satisfaction of the Special Court, Raipur, Chhattisgarh. The petitioners deserve to continue on bail during the pendency of the trial. Consequently, the orders dated 17.05.2024 and 08.07.2024 are made absolute. The special leave petitions are, accordingly, disposed of.

Summary

The Supreme Court granted bail to the petitioners in a money laundering case under the Prevention of Money Laundering Act and Indian Penal Code. The petitioners were released on interim bail earlier and now their bail has been made absolute. Special leave petitions and pending applications were disposed of.