ANIL KUMAR AGGARWAL vs DIRECTORATE OF ENFORCEMENT

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 19th March, 2025 Pronounced on: 09th April, 2025 + BAIL APPLN. 4825/2024 ANIL KUMAR AGGARWAL .....Petitioner Through: Mr. Vijay Aggarwal, Mr. Nagesh Behl, Mr. Rachit Bansal, Mr. Ketan Kumar Roy, Mr. Saurabh Nayar, Mr. Shekhar Pathak, Ms. Muskan Agarwal, Mr. Kartikay Kumar and Mr. Aditya Choudhary, Advocates. versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Zoheb Hossain and Mr. Manish Jain, Special Counsel with Mr. Vivek Gurnani, Standing Counsel with Mr. Suradhish Vats, Advocate. + BAIL APPLN. 434/2025 JAGDISH KUMAR ARORA .....Petitioner Through: Mr. Arshdeep Singh Khurana, Mr. Debopriyo Moulik, Mr. Peeyush Bhatia and Mr. Manan Khana, Advocates Versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Zoheb Hossain and Mr. Manish Jain, Special Counsel with Mr. Vivek Gurnani, Standing Counsel with Mr. Suradhish Vats, Advocate. CORAM: HON'BLE MR. JUSTICE SANJEEV NARULA Signature Not Verified Digitally Signed BAIL APPLN. 4825/2024 Page 1 of 42 By:NITIN KAIN Signing Date:09.04.2025 20:56:30 JUDGMENT SANJEEV NARULA, J.: 1. The Applicants seek regular bail under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023,1 read with Section 45 of the Prevention of Money Laundering Act, 20022 in CT Case No. 12/2024 titled as Directorate of Enforcement v. Jagdish Kumar Arora & Ors. arising from ECIR bearing No. DLZO-I/45/2022, dated 28th September, 2022, under sections 3 and 4 of the PMLA. 2. Since both Applicants raise overlapping legal and factual grounds in support of their applications, a common order is being passed. To the extent their respective pleas differ, the same shall be addressed separately. 3. Briefly, the facts of the case, as per the Enforcement Directorate, are as follows: 3.1 The case