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PMLA - Highlights / Catch Notes

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Seeking grant of bail - scheduled offence - The court ...

Money Laundering

April 10, 2024

Seeking grant of bail - scheduled offence - The court acknowledged the gravity of the allegations but also highlighted the applicants' right to bail, given the substantial period already served in custody and the extensive delay in the trial's progression. - The court expressed concern over the systemic delays and the inefficiency in handling cases of such magnitude, emphasizing the collective responsibility of the judiciary, prosecution, and defense to ensure a fair and timely trial. It was explicitly mentioned that the delay in trial could not solely be attributed to the applicants, noting that both sides have legitimate exercises of their rights within the law.

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