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2018 (5) TMI 728 - HC - Money LaunderingOffence under PMLA - bail application - Held that:- FIR No.205/2016 the Crime Branch did not even think it fit to arrest the petitioners and filed a charge-sheet without arrest. The evidence in the present case is primarily documentary in nature and statements of accused which are admissible in evidence have already been recorded under Section 50 of PMLA. Further corroborative evidence in the form of CCTV footage and call detail records is also documentary in nature. Moreover as per the requirement of Section 44 of PMLA trials in FIR No.205/2016 for the scheduled offence as well as Section 4 PMLA in ECIR No.18/DLZOII/2016 are required to be held together. Hence the trial is likely to take some time. Thus, this Court deems it fit to grant bail to the petitioners. Therefore, directed that the petitioners be released on bail on their furnishing a personal bond in the sum of ₹5 lakhs each with two sureties of the like amount each subject to the satisfaction of the learned Trial Court, further subject to the condition that the petitioners will not leave the country without prior permission of the Trial Court and in case of change of residential address the same will be intimated by way of an affidavit to the Court concerned.
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