2022 (2) TMI 1441

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...., Adv. For the Respondent : Mr. R. D. Rastogi, Additional Solicitor General with Mr. C. S. Sinha, Adv. through VC Mr. Anand Sharma, Adv. through VC ORDER 1. Petitioner has filed this bail application under Section 439 Cr.P.C. 2. ECIR/JPZO/05/2019 was registered at Directorate of Enforcement, Jaipur for offences under Sections 3 and 4 of Prevention of Money Laundering Act, 2002. 3. L....

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....petitioner also submits that the shares are still in the name of the bank. Chargesheet has been filed against the petitioner and conclusion of trial may take long time. So, the petitioner be enlarged on bail. 4. Learned counsel for the petitioner has placed reliance upon the following judgments: (1) P. Chidambaram Vs. Directorate of Enforcement in Criminal Appeal No.1831 of 2019 (Arising out of....

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....an Cooperative Bank Limited and he is being closed associate to Girdhar Singh Sodha and infuse approximate Rs.8 Crores in the form of Share Capital in the name of close aides of Girdhar Singh Sodha belonging to Barmer District in Sterling Urban Cooperative Bank Limited by violating the bye-laws. He had active role in money laundering. So, the bail application filed by the petitioner be dismissed. ....

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....esh Chand Sharma Vs. Sharad Sharma in S.B .Criminal Misc. Bail No. 2356/2021 decided on 15.03.2021 (11) Nitin Johari Vs. SFIO in Bail Application No.1971/2019 decided on 27.01.2020; (12) State of Gujarat Vs. Mohanlal Jitamalji Porwal reported in 1987 (2) SCC 364; (13) Y.S. Jaganmohan Reddy Vs. CBI reported in 2013 (7) SCC 439; (14) Shyam Sundar Singhvi Vs. Union of India in S.B. Criminal Revision ....