2020 (6) TMI 309 - SCH - Money Laundering

Money Laundering - proceeds of crime - alleged purchase of fleet of cars out of the ill-gotten money and received about ₹16 crores in one year from Shell companies for bribing/ fixing cases in income-tax department - Section 120B/420 IPC and Section 13(2) read with 13(1) PC Act - Grant of Regular Bail. HELD THAT - Issue Notice.

Summary

The Supreme Court of India in 2020 (6) TMI 309 - SC Order, with Justices A.S. Bopanna and Hrishikesh Roy, condoned delay and issued notice. The operation of the impugned order by the High Court of Delhi is stayed until further orders if the respondent is not already released on bail.