Bail for offence punishable u/s. 4 of PML Act granted as no possibility of trial in near future

Dr. B.K. Nagarajappa Vs Directorate of Enforcement (Karnataka High Court) Karnataka High Court granted bail for offence punishable under Section 4 of the Prevention of Money Laundering Act, 2002 [PML Act] taking into consideration the maximum punishment for the alleged offences and that there is no possibility of trial commencing in the near future. Facts- The petitioner was working as a General Manager of the Karnataka Bhovi Development Corporation for the period between 05.04.2021 to 01.07.2022. FIR was registered before the various Police Stations in the State against the management and emp...