Supreme Court of India · 2024-03-18
Satyendar Kumar Jain vs Directorate Of Enforcement
- Citation / case number
- 2024 INSC 217
- Court
- Supreme Court of India
- Petitioner
- Satyendar Kumar Jain
- Respondent
- Directorate Of Enforcement
- Author
- Bela M. Trivedi
- Bench
- Pankaj Mithal, Bela M. Trivedi
Judgment text excerpt
The Supreme Court upheld the rejection of bail applications for the appellants under Section 109 IPC and Section 13(2) read with Section 13(1)(e) of the Prevention of Corruption Act, 1988, affirming the High Court's decision. The Court emphasized that the allegations of disproportionate assets and money laundering under the Prevention of Money Laundering Act, 2002, warranted denial of bail due to the seriousness of the charges and potential flight risk. The Court found no grounds to interfere with the lower courts' findings, thus maintaining the status quo regarding the appellants' custody.