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Case Law Details

Case Name : Bhimendra Kumar Goyal Vs Enforcement Directorate (Andhra Pradesh High Court)
Appeal Number : Criminal Petition No. 4430/2021
Date of Judgement/Order : 07/09/2021
Related Assessment Year :
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Bhimendra Kumar Goyal Vs Enforcement Directorate (Andhra Pradesh High Court)

Hon’ble Apex Court in catena of cases observed that while granting bail the Court has to keep in mind the nature of accusation, the nature of evidence in support thereof, the severity of the punishment which conviction will entail, the character of the accused, circumstances which are peculiar to the accused, reasonable possibility of securing the presence of accused at the trial, reasonable apprehension of the witness being tampered with and the larger interest of Public/State. He submits that the economic offences are class apart. The present case involves hundreds of crores. These kind of cases will have larger impact on the economy of the country and have to be treated separately. He relied on several judgments of the Hon’ble Apex Court in this regard.

This Court without going into merits of the case, taking into consideration the factors that the petitioner has been languishing in jail from the last 360 days, petitioner himself voluntarily surrendered before the Court below in the year 2019, other accused were already enlarged on bail and the health condition of petitioner, this Court deems it appropriate to grant interim bail to the petitioner for a period one month on certain conditions.

HC Grants Bail to Money Laundering Accused

FULL TEXT OF THE JUDGMENT/ORDER OF ANDHRA PRADESH HIGH COURT

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