Delhi HC Grants PMLA Bail Due to Prolonged Incarceration Beyond Half of Maximum Sentence

Deepak Ramnani Vs State of Delhi (Delhi High Court) PMLA bail granted as prolonged incarceration beyond half of maximum sentence overrides rigours of Section 45; Parity with Co-Accused also favours release Conclusion: An accused could not be kept in jail indefinitely in a money laundering case when the trial was unlikely to conclude within a reasonable time. The court granted bail to the accused, observing that he had already spent nearly five years in custody and that continued detention would be unjustified. Held: Assessee sought bail in connection with an extortion case and an ECIR register...