HC Denies Bail in Alleged Shine City Money Laundering Case

Udhaw Singh Vs Enforcement Directorate (Allahabad High Court) Udhaw Singh, the applicant, is implicated in a case initiated by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act, 2002 (PMLA), with ECIR No. LKZO/05/2021. The case involves numerous FIRs against M/s Shine City Infra Project Pvt. Ltd. (Shine City) and its directors/officers, who are accused of defrauding home-buyers and investors. These FIRs were filed between 2018 and 2021 under various sections of the Indian Penal Code (IPC). Applicant’s Connection: The applicant, Udhaw Singh, is accused of dealing w...