2024 (10) TMI 1352 - SCH - Money Laundering

Grant of regular bail - Money Laundering - proceeds of crime - scheduled offence - offence of cheating and criminal conspiracy - It was held by High Court that 'It is an organized crime having various facets of its complexion, therefore, further considering the provisions of Section 45 of the PMLA, 2002 this Court is satisfied that there are reasonable grounds for believing that the applicant is involved in the offence and he is likely to commit any other offence while on bail, it is not required to grant bail to the applicant.' - HELD THAT - Applications for exemption from filing c/c of the impugned judgment, official translation and permission to file additional documents/facts/annexures are allowed. Issue notice returnable on 29th November, 2024.

Summary

The Supreme Court of India allowed applications for exemption from filing certain documents and issued notice returnable on 29th November, 2024. Dasti is permitted through standing counsel. No representation for the respondent.