JUDGMENT

(Prayer: Criminal Original Petition is filed under Section 439 of Cr.P.C. praying to enlarge the petitioner on bail in Spl. C.C.No.7 of 2021 in ECIR No. ECIR/CEZO-II/05/2017 on the file of the learned XII Additional Special Judge for CBI & PMLA Cases at Chennai and on the file of the Deputy Director, Directorate of Enforcement, CZO, Chennai respectively.)

1. The petitioner, who was arrested and remanded to judicial custody on 28.01.2022 for the offences under Sections 3 & 4 of the Prevention of Money Laundering Act, 2002 (herein after referred to as “the PMLA”) in Spl.C.C.No.7 of 2021 in ECIR No. ECIR/CEZO-II/05/2017 on the file of the learned XII Additional Special Judge for CBI & PMLA Cases at Chennai, seeks bail.

2. As per the report, the respondent registered Enforcement Case Information Report (ECIR) No. for the offences under Sections 465, 467, 468, 471 and 420 of IPC on the file of the CCB-I and Office of the Commissioner of Police, Egmore, Chennai. Since the offence under Sections 420, 467 & 471 of IPC are scheduled offences under Sections 2(1)(x) and 2(1)(y) of PMLA, the respondent recorded in CEZO/05/2017 dated 01.04.2017. M/s.BK Electro Tool Products is the sole pr