Delhi HC: Proviso to PMLA Section 45(1) an Exception for Women; Twin Conditions Inapplicable

Preeti Chandra Vs Directorate of Enforcement (Delhi High Court) Delhi High Court held that the proviso to section 45(1) Prevention of Money Laundering Act, 2002 (PMLA) is an exception and once a person comes within the exception, the twin condition of Section 45 PMLA will not be applicable to such person. Facts- This is an application seeking grant of bail in complaint case which pending before learned ASJ-06, Special Judge (PMLA), Patiala House Court. Notably, the applicant is the wife of Sanjay Chandra who was the Director of M/s Unitech Group. Between 2006 to 2022, 74 FIRs were registered b...