JUDGMENT :

RONGON MUKHOPADHYAY, J.

Heard Mr. Kapil Sibal and Miss Meenakshi Arora, learned Senior Counsels for the petitioner and Mr. S.V. Raju, learned Additional Solicitor General of India for the Enforcement Directorate.

2. The petitioner seeks bail in this application as he is in custody in connection with ECIR Case No. 06/2023, arising out of ECIR/RNZO/25/2023 dated 26.06.2023, registered u/s 3 of the Prevention of Money Laundering Act, 2002 (herein after referred to as PMLA, 2002) punishable u/s 4 of PMLA, 2002 pending before the Court of Sri Rajiv Ranjan, learned Additional Judicial Commissioner-I-cum-Special Judge, PMLA, Ranchi.

3. A prosecution complaint under the PMLA, 2002 was instituted being ECIR Case No. 06/2023 against the present petitioner (Hemant Soren), Bhanu Pratap Prasad, Raj Kumar Pahan, Hilariyas Kachhap and Binod Singh and the background for sharing information u/s 66(2) of the PMLA, 2002 reveals that during investigation in another case being ECIR No. RNZO/18/2022 into the matter of fraudulent acquisition of land which was in possession of Ministry of Defence, Government of India, having area 4.45 acres at Morabadi, Ranchi it came to light that a group of priva