Bail under PMLA granted on parity after co-accused received bail and the challenge to that order failed.

In proceedings under the Prevention of Money Laundering Act, 2002, the Supreme Court considered bail applications where the prosecution relied on the seriousness of the allegations. Bail was granted on parity and related considerations because the main accused had already been released on bail by the High Court, the challenge to that order had failed, and other accused had also been enlarged on bail. The Court extended the same relief to the petitioners.

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Issues: Whether the petitioners were entitled to bail in proceedings under the Prevention of Money Laundering Act, 2002.

Analysis: The petitions were for bail in a prosecution under the Prevention of Money Laundering Act, 2002. The request was opposed on the ground that the allegations disclosed a serious offence. The Court, however, noted that the main accused had been granted bail by the High Court, the challenge to that order had been dismissed, and some other accused had also been granted bail. On that parity and related considerations, the Court found it appropriate to extend bail to the petitioners.

Conclusion: The petitioners were granted bail.

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