ARUN MUTHU vs DIRECTORATE OF ENFORCEMENT

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI Reserved on: 4th February, 2025 Pronounced on: 20th February, 2025 + BAIL APPLN. 1821/2024 ARUN MUTHU .....Petitioner Through: Mr. Naveen Malhotra & Mr. Ritvik Malhotra, Advs. versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Manish Jain, Special Counsel for ED with Ms. Sougata Ganguly, Mr. Snehal Sharda & Mr. Gulnaz Khan, Advs. CORAM: HON'BLE MR. JUSTICE AMIT SHARMA JUDGMENT AMIT SHARMA, J. 1. The present application under Section 439 of the Code of Criminal Procedure, 1973 (for short, ‘Cr.P.C.’) read with Section 45 of the Prevention of Money Laundering Act, 2002 (for short, ‘PMLA’) seeks regular bail in CC No. 123/2021 (ECIR/DLZO-II/54/2021) under Section 3/4 of the PMLA. 2. The brief facts as detailed in the counter affidavit filed on behalf of the respondent are as under: - “5.1 That a letter dated 14.06.2020 was received from Directorate of Enforcement, Delhi Zone-I, informing that Amarendra Dhari Singh has made certain financial transactions with Aditi Shivender Singh. As the matter of Religare Finvest Limited was being investigated vide ECIR/DLZO-II/05/20 I 9 by Directorate of Enforcement, Delhi Zone- II, the same wa