Thursday, September 29, 2016

NO BAIL - MONEY LAUNDERING* - Offence of money laundering - Application for bail -Rejection - Challenge

⭐ *NO BAIL - MONEY LAUNDERING* - Offence of money laundering - Application for bail -Rejection - Challenge
- Appellant allegedly involved in collection
of money from open market for issuing
secured debentures in violation of guidelines
of SEBI - High Court called for relevant papers and duly took note of that and after satisfying its conscience, refilsed bail-High Court has not exercised its discretion
capriciously or arbitrarily -Hence, no interference in order rejecting bail.

Case:
*Gautam Kundu Vs. Manoj Kumar.*

Citation: *2016 ALL MR (Cri) 453 (S.C.)*

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