Delhi’s Patiala House Court has denied default bail pleas for Unitech’s former promoters, Sanjay Chandra and Ajay Chandra, in a money laundering case related to the cheating of numerous homebuyers of substantial amounts.
The Directorate of Enforcement
The Enforcement Directorate (ED) initiated the case in 2018 following over 60 FIRs lodged against the accused for various offenses, including cheating, criminal conspiracy, exploiting public servants, and bribing public officials.
The Judge
In the order, Additional Sessions Judge Dheeraj Mor stated, “It is evident that the investigation concerning the applicants was completed within the statutory period of limitation. Therefore, the applicants are not entitled to the statutory right of default bail under Section 167(2) CrPC.”
According to the law, if the investigation is not concluded within the prescribed period of limitation from the date of the accused’s arrest, the individual holds an indefeasible statutory right to be released on default bail.
The judge emphasized that there was sufficient material available on record to proceed against the accused in the case.
