JUDGMENT

Jasmeet Singh, J.

1. This is a petition filed seeking grant of regular bail to the applicant in ECIR/DLZO-I/28/2022 dated 11.07.2022 for the offences punishable under Sections 3/4 of the Prevention of Money Laundering Act, 2002 (PMLA).

2. The ECIR was registered by the Respondent, after CBI filed an FIR/RC on 07.07.2022 for the offences punishable under Section 120BAIL B/420/409 Indian Penal Code (IPC) read with Sections 20/21/24/26 of the Indian Telegraph Act as well as Sections 3 and 6 of the Indian Wireless Telegraphy Act, and Sections 69B/72/72A of the Information Technology Act (IT Act), and Sections 13(1)(d) read with Section 13(2) of the Prevention of Corruption Act (PC Act).

3. The Applicant has been in custody since 14.07.2022 in relation to the present ECIR.

4. The applicant and other persons have been alleged to have illegally intercepted/monitored telephone calls of employees of the National Stock Exchange Ltd. (hereinafter "NSE"). It is stated that illegal tapping of phone calls of NSE employees was conducted under the guise of an agreement between NSE and M/s ISEC Services Private Limited (hereinafter "ISEC").

5. To conduct Periodic Study Of Cyber Vul