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Issues: (i) Whether the petition seeking quashing of the ECIR and consequential reliefs was maintainable before the High Court in view of the territorial jurisdiction objection. (ii) Whether interim bail could be considered on the petitioner's medical condition and the stated illegality of arrest and remand.
Analysis: The petition raised a challenge to the ECIR, the arrest, and the remand orders, with a preliminary objection by the respondent that the competent court and appellate forum lay in Mumbai under the Prevention of Money-Laundering Act, 2002. The petitioner relied on Article 226(2) of the Constitution of India and asserted non-compliance with the statutory requirements governing arrest and remand, including disclosure of grounds of arrest under Section 19(1) of the Prevention of Money-Laundering Act, 2002 and the procedure under Chapter XII and Section 167 of the Code of Criminal Procedure, 1973. A separate interim-bail request was pressed on medical grounds.
Outcome: Notice was issued on both matters, status reports were directed to be filed, and the questions of territorial jurisdiction and interim bail were kept for further consideration.