Anticipatory Bail allowed as twin conditions required u/s. 45 of PMLA satisfied

Anup Majee Vs Directorate of Enforcement (Delhi High Court) Delhi High Court held that since twin conditions required under section 45 of the Prevention of Money Laundering Act, 2002 [PMLA] has been satisfied, the application for grant of anticipatory bail allowed. Facts- The Applicant was a director of company in the name and style of Mark Enclave Pvt. Ltd (‘MEPL’). MEPL is engaged in the business of purchase and sale of coal. On 07.08.2020, a raid was conducted by official(s) of Eastern Coalfield Limited (‘ECL’) at Railway Siding No.1 located at Pandaveswar, wherein 9.50 Metr...