The Supreme Court granted bail to an accused in a cryptocurrency scam, imposing a condition to deposit Rs.35 lakh. The court emphasized that the bail would be subject to compliance with this financial requirement. The case involves allegations of fraudulent crypto transactions and investor deception. The ruling highlights the judiciary’s approach to balancing legal proceedings with financial safeguards.
The Supreme Court Today (Jan 15) harshly criticized the Enforcement Directorate (ED) for presenting incorrect legal arguments against the statutory exemption for women under Section 45 of the PMLA, stating, “We will not accept actions by the Union of India that involve making arguments contrary to the law.” Granting bail to Shashi Bala, accused in a money laundering case, the court highlighted the importance of adhering to clear legal provisions and denounced the ED’s missteps in the case.
Supreme Court Today (Dec 19) reprimanded ED counsel for presenting arguments conflicting with the Prevention of Money Laundering Act, 2002. ED maintained that stringent conditions apply even to women or those who are ill or infirm.
The Delhi High Court has directed lawyers to avoid unnecessary adjournments and to file timely status reports in bail, parole, and similar cases. The circular emphasizes the importance of expeditious case disposal and efficient judicial functioning. It mandates the submission of status reports and requests prompt compliance with court orders for smooth judicial proceedings.
Delhi Chief Minister Arvind Kejriwal is slated to return to Tihar Jail on June 2, as a local court has deferred the decision on his interim bail plea until June 5. The plea, filed by the Aam Aadmi Party (AAP), cites medical reasons and requests a week-long interim bail for Kejriwal. This comes in connection with his arrest in an alleged money laundering case related to the previously annulled liquor policy.
The Supreme Court dismissed today, a contempt petition against Manipur authorities for failing to protect the properties of displaced persons during recent violence. The court stated that no contempt was made, emphasizing the need to involve encroachers as parties to the case before taking action. Encroachments on properties should be addressed through separate proceedings.
