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2021 (8) TMI 1406 - HC - Money LaunderingGrant of bail - issue of forged cheques - entire case is based on documentary evidence which have already been seized by the police, therefore, there is no question of tempering with any evidence - HELD THAT:- Prima facie, there are glaring irregularities and illegalities in the purchase of the land belonging to the society by the present applicant in a criminal conspiracy with unauthorised persons. It is not in dispute that the entire sale-consideration was not paid at the time of execution of the sale-deed , eve till date and thereafter the applicant has mortgaged the land in question and took the loan of Rs.7.5 Crores and the same has also not been repaid. In the city of Indore, the local administration is trying hard to get the lands released from the hands of land mafias. Several hardcore land mafias have been arrested by the police by registering FIRs against them. The administration is making all efforts for the release of the lands to innocent purchasers and members who have invested their hard-earned money with a dream to construct a house . In the present case, if the applicant is released on bail, it will give setback to the efforts which are being done by the Government as well as the local administration for release of the land in favour of members of the society. This is not a fit case for grant of bail to the applicant at this stage - bail application dismissed.
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