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2018 (5) TMI 1799

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..... ll under investigation shows that it will take considerably long time for the Enforcement Director to complete its investigation. The case is based on documentary evidence. So far as submission of learned counsel for the respondent that the petitioner after being released may not appear in Court and it will be difficult to procure his presence, is no reason to decline bail to petitioner as he is r .....

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..... d under Section 439 Code of Criminal Procedure for grant of regular bail to the petitioner in case ECIR No. 06 dated 14.08.2013 registered for the offences punishable under Sections 3 and 4 of the Prevention of the Money Laundering Act, 2002 at Zonal Office, Jalandhar. Heard. Learned counsel for petitioner submits that respondent arrested the petitioner on 23.10.2017 on the allegation that he h .....

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..... n. The other family members are also involved in it. The matter is still under investigation. Anticipatory bail application of Vinod Kumar has since been declined and he is absconding. Father and cousin of petitioner alongwith his family members are yet to be arrested. The property, which has been attached, was also mortgaged and having huge liability, as such, petitioner may not be released at th .....

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..... ssing any opinion on merits of the case and keeping in view above facts and that conclusion of trial will take considerably long time, the present petition is allowed. Petitioner-Raman Kumar Garg is ordered to be released on regular bail on furnishing bail bond and surety bond to the satisfaction of concerned trial Court/Chief Judicial Magistrate/Duty Magistrate, subject to following terms:- (a .....

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