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2021 (6) TMI 403 - HC - Money LaunderingMoney Laundering - issuance of non-bailable warrant - HELD THAT:- The learned Designated Judge was pleased to register a complaint under Sections 3 and 4 of the PMLA Act and was pleased to issue summon against respondent no. 1-M/s. Sanket Media Private Limited (represented by the Directors-Shri PVS Sharma) and accused no. 2-Shri PVS Sarma who is in judicial custody and further, ordered to issue non-bailable warrant against accused nos. 3 and 4. It appears that before passing the order of issuance of non-bailable warrant against accused nos. 3 and 4, the Court should direct serving of the summons along with the copy of the complaint. If the accused seem to be avoiding the summons, the Court, in the second instance, should issue bailable-warrant. In the third instance, when the Court is fully satisfied that the accused is avoiding the Court proceedings intentionally, the process of issuance of the non-bailable warrant should be resorted to. In the order passed by the learned Designated Judge dated 21.01.2021 below Exh. 1 in PMLA Case No. 1 of 2021 in ECIR Number ECIR/01/STSZO/2020, non-bailable warrant against accused nos. 3 and 4 would be converted into bailable warrant against accused nos. 3 and 4. Rest of the order passed by the Court-below would remain as it is - Application disposed off.
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