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2022 (12) TMI 1419 - HC - Money LaunderingSeeking grant of Anticipatory bail - bungling and misappropriation of funds and cheating etc - supply of medicines at exorbitant price, causing huge loss to the Government - HELD THAT:- Looking at the nature of offence and also taking note of the fact that the economic offences constitute/form a different class and while considering the bail application of an accused in such an offence, it is required to be visited differently than the offences under the IPC, this Court does not deem it appropriate to enlarge the accused-applicant on anticipatory bail. This anticipatory bail application is, therefore, rejected. However, it is provided that if the accused-applicant surrenders and applies for regular bail within seven days from today, the same shall be considered, preferably on the same day, keeping in mind that the accused-applicant was not arrested by the Directorate of Enforcement, invoking the powers under Section 19 of the PMLA during the investigation and he had cooperated with the investigation - Application disposed off.
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