Petition for grant of regular bail - Money Laundering - ...

Bail Denied in Money Laundering Case: Court Finds No Errors in Investigation or Offenses Against Petitioner.

December 10, 2019

Case Laws Money Laundering HC

Petition for grant of regular bail - Money Laundering - siphoning of funds - it was found that these Companies were having an amount of ₹ 90.03 Crores as Cash-in-Hand on 31-03-2016. However, by the end of the financial year on 31-03-2017, this Cash-in-Hand was reduced to ₹ 1.15 Crores - post demonisation - the investigation, the complaint or the cognizance of the offences against the petitioner are not vitiated in any manner. - Bail rejected.

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Petition for grant of regular bail - Money Laundering - ...

Bail Denied in Money Laundering Case: Court Finds No Errors in Investigation or Offenses Against Petitioner.

December 10, 2019

Case Laws Money Laundering HC

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