Bail granted to CA of entity involved in money-laundering Due to Trial Delay

Rakesh Kumar Gulati Vs Directorate Of Enforcement (Delhi High Court) Delhi High Court granted bail granted to Chartered Accountant [CA] of entity found involved in money-laundering. Notably, bail is granted since trial in the present complaint case is yet to commence and would take some time to conclude. Facts- The present ECIR arises out of FIR which was registered with CBI on a complaint filed by the then Chief Manager of Punjab National Bank, Hindu College Branch, Sonipat, Haryana, against M/s Sunstar Overseas Ltd. and its directors. As per the said FIR, accounts of 5 banks were declared NP...