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2020 (12) TMI 616 - ALLAHABAD HIGH COURTGrant of Anticipatory Bail - Money Laundering - diversion of funds - main plank of the prosecution is that funds from the bank are diverted for purposes other than stated business of the firm by routing funds obtained in the account of M/s HLF and M/s HSE and directed to M/S Mashreq Communication Limited, which is a Mumbai based company indulged in the production of films - HELD THAT:- No case for interference is made out at this stage for interference in the proceeding launched against the petitioner under PML Act, 2002 - The petitioner has full right and liberty to move an appropriate application for grant of anticipatory bail. In light of the fact that for the same property, indulgence have been shown by the appellate tribunal dealing with the fact and issue, it is provided that in case an application for anticipatory bail is moved by the petitioner within a period of ten days from today then the same may be considered and decided expeditiously by the Special Judge, PML Act in accordance with law and till the decision taken on the application for anticipatory bail of the petitioner, no coercive measure shall be taken against the petitioner - the Special Judge, PML Act shall decide the application for anticipatory bail of the petitioner expeditiously and the petitioner undertakes not to take any unnecessary adjournment and nor shall grant any unnecessary adjournments. Petition disposed off.
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