Arvind Dham vs Directorate Of Enforcement

The Supreme Court allowed the criminal appeal filed by Arvind Dham challenging the rejection of his regular bail application under Section 483 of the Bharatiya Nagarik Suraksha Sanhita, 2023 read with Section 45 of the Prevention of Money Laundering Act, 2002. The appellant, a former promoter and non-executive chairman of Amtek Auto Ltd., faced allegations related to financial irregularities and corruption during the Corporate Insolvency Resolution Process of the Amtek Group. The Court examined the facts, the nature of the offences under IPC and the Prevention of Corruption Act, and the appellant's role, ultimately granting bail considering the principles governing bail in economic offences and the appellant's non-executive status. The judgment underscores the balance between safeguarding the investigation and protecting individual liberty in complex financial crime cases.