The Supreme Court ruled on Thursday that the Enforcement Directorate (ED) cannot arrest an accused under Section 19 of the Prevention of Money Laundering Act (PMLA) once a special court has taken cognizance of the complaint of money laundering.
A bench comprising Justices Abhay S Oka and Ujjal Bhuyan stated that when an accused responds to a summons before a court, the agency must seek custody from the relevant court.
“If the accused appears before the special court via summons issued by the court, it cannot be construed as being in custody,” they remarked. “An accused who presents themselves before the court following a summons is not obligated to apply for bail, thus the twin conditions of Section 45 of PMLA do not apply,” the bench added in its ruling.
These twin conditions stipulate that in a money laundering case, when an accused seeks bail, the court must initially allow the public prosecutor to be heard, and only then, if satisfied that the accused is not guilty and unlikely to commit a similar offence upon release, can bail be granted.
The Supreme Court’s judgment addressed the query of whether an accused in a money laundering case must satisfy the stringent twin test for bail, even when the special court has taken cognizance of the offence.
The Karnataka High Court on Tuesday has issued a notice to Chief Minister Siddaramaiah and…
The Delhi High Court on Tuesday dismissed a Public Interest Litigation filed by MCD Councillor…
In a landmark 7:2 ruling on Tuesday, the Supreme Court declared that states do not…
Chief Justice D.Y. Chandrachud has recently emphasized that judicial independence doesn't equate to consistently ruling…
The Supreme Court on Tuesday upheld the constitutional validity of the Uttar Pradesh Board of…
The Delhi High Court on Tuesday has dismissed Khalid Saifi's plea challenging a trial court's…