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2019 (3) TMI 2005 - HC - Money LaunderingMoney Laundering - scheduled offences - Seeking suspension of sentence as well as payment of fine pending consideration of appeal - HELD THAT:- The learned trial Court has indisputably kept the trial pending, so far as offences punishable under scheduled offences of the Act is concerned and separately conducted the trial under Section 4 of the Prevention of Money Laundering Act 2002. This Court deems it appropriate to suspend the sentence as well as fine imposed upon the present applicant till pending consideration and final disposal of appeal. It appears that the present application requires consideration and prayer in terms of bail is allowed. The sentence imposed by judgment and order dated 29.1.2019 passed by learned Principal District & Sessions Judge and Designated Special Judge( PMLA), Ahmedabad (Rural) in PMLA Case No.2 of 2011 is hereby suspended pending hearing and final disposal of the present criminal appeal. The applicant shall be released on regular bail by executing fresh bond of Rs.15,000/- and one surety of like amount to the satisfaction of trial Court on condition that he shall proceed with the criminal appeal as and when it may be listed, and he shall surrender his passport, if having, before the learned trial Court and shall not leave India without prior permission of this Court. Application disposed off.
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