LOVEE NARULA vs DIRECTORATE OF ENFORCEMENT

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of order: 28th January, 2025 + BAIL APPLN. 3808/2024 LOVEE NARULA .....Petitioner Through: Mr. Siddharth Agarwal, Senior Advocate with Mr. Piyush Sanghi, Mr. Rohan Wadhwa, Ms. Khushbu Sahu, Mr. Nikhil Singh, Ms. Priyadarshi Gopal, Ms. Anushka Ojha, Ms. Raahithya Raj. Mishra, Ms. Arshiya Ghose and Mr. Ashish Raghuvanshi, Advocates versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Arkaj Kumar, SC with Ms. Vaishnavi Bhargava, Mr. Aakash Mishra and Mr. Ishank Jha, Advocates CORAM: HON'BLE MR. JUSTICE CHANDRA DHARI SINGH ORDER CHANDRA DHARI SINGH, J (Oral) 1. The instant bail application has been filed on behalf of the applicant under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (hereinafter “BNSS”) and/or Section 439 of the Code of Criminal Procedure, 1973 (hereinafter “CrPC”) read with Section 45 of the Prevention of Money Laundering Act, 2002 (hereinafter “PMLA”) seeking grant of regular bail in ECIR/DLZO-II/03/2024 dated 22nd April, 2024 registered under Sections 3 and 4 of the PMLA, arising out of FIR No. 59/2024 dated 12 th March, 2024, Signature Not Verified Digitally Signed BAIL APPLN. 3808/2024 Page 1 of 71 By:GAURAV SHARMA Signing Date:29.01.2025 16:51:25 registered at Police Station - Crime Branch, Delhi for offences punishable under Sections 274, 275, 276, 420, 468, 471 read with 120B and 34 of the Indian Penal Code, 1860 (hereinafter “IPC”). 2. The brief facts that led to the filing of the instant application are that on 12th March, 2024, FIR No. 59/2024 was registered at Police Station – Crime Branch, Delhi under Sections 274, 275, 276, 420, 468, 471 read with 120B of the IPC, based on a complaint by SI Gulab Singh. The complaint alleged the involvement of several accused persons in th