Bail in fraudulent investment scheme admitted as twin conditions u/s. 45 of PMLA satisfied

Harsatinder Pal Singh Hayer Vs Directorate of Enforcement (Delhi High Court) Delhi High Court held that bail application in fraudulent investment scheme is allowed since the applicant has satisfied the twin conditions as envisaged under section 45 of the Prevention of Money Laundering Act, 2002. Accordingly, the bail application is admitted. Facts- A Bail Application under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 read with Section 45 of the Prevention of Money Laundering Act, 2002 has been filed on behalf of the Applicant, Harsatinder Pal Singh Hayer, seeking Regular Bail i...