2024 (5) TMI 940

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..... Sr. Adv. Mr. E. M. S. Anam, AOR For the Respondent : Mr. S.V. Raju, A.S.G. (NP) Mr. Mukesh Kumar Maroria, AOR Mr. Annam Venkatesh, Adv. Mr. Zoheb Hussain, Adv. Mr. Nachiketa Joshi, Adv ORDER UPON hearing the counsel the Court made the following. The petitioner-Abdul Rasheed @ A.R. Babu is in jail, being an accused in Crime No. ECIR/08/KCZO/2021 of the Enforcement Directorate, Kochi (Special .....

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..... has not repaid the loan of the Bank and the amount he has received after selling the flats, he has invested elsewhere, instead of repaying the loan. We have considered all the relevant facts, and in our considered view, a case for bail is made out, inasmuch as, under Proviso to Section 45 of the Prevention of Money Laundering Act, 2002, the medical condition of an accused who is in jail is a rel .....

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