Karnataka HC Grants PMLA Bail as Undertrial Completed Half of Maximum Sentence Period

Jagadeesh Chandra Raj URS Vs State of Karnataka (Karnataka High Court) The Karnataka High Court allowed the bail petition filed by Accused No. 7 in Special Case No. 91/2018, pending before the III Additional District and Sessions Judge, Mangaluru, for offences under Sections 3, 4 and 8(5) of the Prevention of Money Laundering Act, 2002 (PMLA). The petitioner had earlier been charge-sheeted in Crime No. 245/2013 registered by Ankola Police Station for offences under Sections 302, 353 and 307 read with Section 34 of the Indian Penal Code and Sections 25 and 27 of the Arms Act, 1959. Subsequently...