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2023 (7) TMI 1392 - HC - Money LaunderingSeeking grant of pre-arrest bail - Money Laundering - proceeds of crime or not - criminal conspiracy - forgery with valuable security - breach of confidentiality and privacy under the I.T. Act - HELD THAT:- Having regard to the facts and circumstances of the case, the materials available on the record showing the gravity of the offences alleged against the petitioners, the recovery of 36 ATM Cards of various banks from the petitioners and the allegation that he used to receive various phone calls from a Pakistani national and on his instruction he used to withdraw money from various ATMs and the allegation that from the proceeds of crime the petitioners had acquired immovable property as well and now a charge-sheet has been filed against them, this Court is not inclined to grant privilege of pre-arrest bail to these petitioners. Prayer for anticipatory bail of the petitioners is, thus, refused.
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