All appeals dismissed; finding of anti-competitive bid-rigging upheld under Sections 3(3)(c), 3(3)(d) read with 3(1); cease-and-desist and total-turno...
Central Government notifies 11.541-hectare Special Economic Zone for semiconductor manufacturing; Approval Committee constituted, ICD status effective...
Government appoints National Customs Targeting Centre-Passenger director as customs officer with powers under PNR Regulations, 2022 and Sections 30A, ...
HC allowed the petitioner's bail application and directed release on statutory conditions, subject to fulfillment of the twin conditions under s.45 of the PMLA. The HC recorded prima facie ED findings of substantial deposits in the petitioner's account, statements under s.50 linking the petitioner with a co-accused in layering and laundering of proceeds, and commercial association with the co-accused, but concluded that continued custody for ~11 months against a maximum seven-year sentence, coupled with a trial requiring 79 witnesses and voluminous documentary evidence (c.26,739 pages), renders a speedy trial under Art.21 unlikely. In balancing liberty and public interest the court granted bail while preserving investigative and prosecutorial rights.
HC allowed the petitioner's bail application and directed release on statutory conditions, subject to fulfillment of the twin conditions under s.45 of the PMLA. The HC recorded prima facie ED findings of substantial deposits in the petitioner's account, statements under s.50 linking the petitioner with a co-accused in layering and laundering of proceeds, and commercial association with the co-accused, but concluded that continued custody for ~11 months against a maximum seven-year sentence, coupled with a trial requiring 79 witnesses and voluminous documentary evidence (c.26,739 pages), renders a speedy trial under Art.21 unlikely. In balancing liberty and public interest the court granted bail while preserving investigative and prosecutorial rights.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
