2024 (11) TMI 15

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..... case against the appellant seems to be that he being a hawala operator, assisted the other accused persons in transferring the proceeds of crime. It is also noticed that prosecution intends to examine almost ninety-eight witnesses. The investigation so far as the appellant herein is concerned, is complete and complaint has also been lodged. The appellant can be released on bail subject to certain .....

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..... ail to the appellant in connection with ECIR bearing No RPZO/10/2022 registered under Sections 3 and 4 respectively of the Prevention of Money Laundering Act 2002 (for short, PMLA ). 3 We have heard Mr Vikas Pahwa, the learned senior counsel appearing for the appellant. Mr Zoheb Hussain and Mr Annam Venkatesh, the learned counsel opposed the plea of bail on behalf of the Directorate of Enforcement .....

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..... this appeal succeeds and is hereby allowed. The impugned order passed by the High Court is set aside. 8 The appellant is ordered to be released on bail, if not required in any other case, subject to the terms and conditions as may be imposed by the court concerned. However, we on our own would add two conditions that: (i) The appellant shall mark his presence every fifteen days at the office of t .....

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