Arrest Upheld Under PMLA: Court Confirms Legal Procedure, Cites Supreme Court on Bail Rights for Prolonged Detention.

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....The petition challenges the arrest of the petitioner u/s 19(1) of the Prevention of Money Laundering Act (PMLA), 2002, alleging non-compliance with the requirement of informing the grounds of arrest. However, the arrest memo indicates that the petitioner refused to receive it after being informed of the grounds. The Court finds no illegality in the arrest procedure. The Court acknowledges the petitioner's right to make successive bail applications and its duty to consider the reasons for earlier rejections. It upholds its previous findings that the Enforcement Directorate has collected material satisfying the presumptions u/ss 22 and 23 of the PMLA, and the petitioner cannot be held "not guilty" at this stage. The Court cites a recent Supre.........