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of <h1>Appeal allows regular bail under PMLA Sections 3 and 4, citing two-year pre-trial detention without framed charges</h1> SC allowed the appeal, setting aside the impugned order refusing bail under Sections 3 and 4 of the Prevention of Money Laundering Act, 2002. The Court ... Seeking grant of Regular bail - offences punishable under Sections 3 and 4 of the Prevention of Money Laundering Act, 2002 - HELD THAT:- Though a huge amount of money was recovered from the custody of the appellant, the fact remains that the charges are yet to be framed and the appellant has been under incarceration for more than two years and only on that ground, we are inclined to grant bail to the appellant. The impugned order is set aside and the appellant is granted bail on terms and conditions to the satisfaction of the concerned Trial Court - Appeal allowed. Leave to appeal was granted in a matter concerning regular bail under the Prevention of Money Laundering Act, 2002 (PMLA), arising from ECIR No. RPZO/10/2022 registered by the Enforcement Directorate, Raipur, for offences under Sections 3 and 4. The Court noted that, although 'a huge amount of money was recovered from the custody of the appellant,' the charges had not yet been framed. It emphasized that the appellant had been in 'incarceration for more than two years,' and held that, on this ground alone, it was inclined to grant bail. The impugned order denying bail was set aside. The appellant was granted regular bail on such terms and conditions as may be fixed by the concerned Trial Court. Pending applications were disposed of.
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