2025 (2) TMI 268 - SCH - Money Laundering

Money Laundering - seeking grant of bail - illegal procurement of empty vials and raw materials of anti-cancer drugs such as Keytruda and Opdyta - twin conditions prescribed under Section 45 of the PMLA satisfied or not - it was held by High Court that this Court is of the view that considering the filing of the supplementary prosecution complaint and the ongoing nature of the investigation this Court is not satisfied that the applicant has fulfilled the twin conditions under Section 45 of the PMLA. HELD THAT - It is not required to interfere with the impugned order - SLP dismissed.

Summary

In the Supreme Court judgment, Justices M.M. Sundresh and Rajesh Bindal presided over the case. The Court, after hearing arguments from the petitioner's counsel, decided not to interfere with the impugned order. Consequently, the Special Leave Petition was dismissed. However, the petitioner was granted the liberty to renew the application for bail at a later date. Additionally, the petitioner was given 10 days to surrender, as requested by the senior counsel. All pending applications were disposed of.