2025 (5) TMI 1372 - SCH - Money Laundering

Seeking grant of Bail - criminal conspiracy - cheating and fraud - fraudulent import of fertilizers and other materials for fertilizer production at inflated prices and claimed higher subsidy from Government of India causing loss of several crores of rupees - siphoning off the commission received from the suppliers through a complex web of fake commercial transactions through multiple companies - Flight risk - it was held by High Court that The petitioner is entitled to be released on bail on merits as well as on medical grounds . HELD THAT - Prima facie it appears that the issue is covered by the judgment in Vijay Madanlal Choudhary Ors. v. Union of India Ors. 2022 (7) TMI 1316 - SUPREME COURT (LB) there are no reason to interfere with the impugned order(s) passed by the High Court. SLP dismissed.

Summary

The Supreme Court, through Hon'ble Justices M. M. Sundresh and Rajesh Bindal, dismissed the Special Leave Petitions, holding that "prima facie, it appears that the issue is covered by the judgment in Vijay Madanlal Choudhary & Ors. v. Union of India & Ors. (2022 SCC OnLine SC 929)." The Court found no reason to interfere with the impugned High Court orders. The Court expressly stated that the "question of law, if any, is kept open," and all pending applications are disposed of.