MOIDEEN KUTTY K @ M.K. FAIZY vs DIRECTORATE OF ENFORCEMENT

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 30th January, 2026 Pronounced on: 16th February, 2026 + BAIL APPLN. 3620/2025 MOIDEEN KUTTY K @ M. K. FAIZY AGED ABOUT 54 YEARS S/O SAIDALI KALACHAN R/O KALACHAN HOUSE, VILAYUR POST, KOORACHIPADI, PALAKKAD DIST. KERALA-679309 THROUGH PAIROKAR MOHAMMED REAZ .....Petitioner Through: Mr. Siddharth Agarwal, Senior Advocate, Mr. Raj at Bhardwaj, Ms. Ankita M Bhardwaj, Mr. Dushyant Chaudhary, Mohd. Fiyaz, Mr. Vishwajeet Singh and Mr. Siddharth Singh, Advocates. versus DIRECTORATE OF ENFORCEMENT B- BLOCK, PRAVARTAN BHAWAN, DR. APJ ABDUL KALAM ROAD NEW DELHI – 110011 .....Respondent Through: Mr. Zoheb Hossain, Special Counsel with Mr. Vivek Gurnani, Panel Counsel, Mr. Pranjal Tripathi, Mr. Kartik Sabharwal and Mr. Kanishk Maurya, Advocates CORAM: HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA J U D G M E N T Signature Not Verified Signed By:VIKAS BAIL APPLN.3620/2025 Page 1 of 46 ARORA Signing Date:16.02.2026 15:36:01 NEENA BANSAL KRISHNA, J. 1. Bail Application under Section 439 of the Code of Criminal Procedure, 1973 (hereinafter referred to as “CrPC”) read with Section 45 and 65 of Prevention of Money Laundering Act, 2002 (hereinafter referred to as “PMLA”) has been filed on behalf of the Applicant/Moideen Kutty K @ M.K. Faizy seeking Regular Bail in ECIR No. ECIR/STF/17/2022 dated 21.09.2022 for commission of the Scheduled Offence under Section 120B of the Indian Penal Code, 1860 (hereinafter referred to as “IPC”) and Section 17, 18, 18B, 20, 38, 39 of the Unlawful Activities (Prevention) Act, 1967 (hereinafter referred to as “UAPA”). 2. It is submitted that the second Bail Application of the Applicant was dismissed by the Ld. Special Court on 28.08.2025. 3. The brief facts are that the Respondent/ED registered the ECIR No.