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SAMIT GOPAL
Satinder Singh Bhasin – Appellant
Versus
Directorate of Enforcement Zonal Office Lucknow – Respondent
JUDGMENT :
Samit Gopal, J.
1. List revised.
2. Heard Ms. Katyayini and Shri Shishir Tandon learned counsels for the applicant, Sri Jitendra Prasad Mishra learned counsel for the Directorate of Enforcement / Opposite party No. 1 and Sri Ajay Singh learned AGA–I and Sri Sai Girdhar, learned counsels for the State/ Opposite party No. 2 and perused the records.
3. The present Anticipatory Bail Application has been filed by the applicant Satinder Singh Bhasin with the following prayers:-
AND
B. Pass appropriate order(s) or direction(s) that Mr. Satinder Singh Bhasin, the Applicant/Accused may be granted interim protection from arrest during the pendency of the present application;
AND
C. Pass such other or further Order(s)/Direction(s) as this Hon'ble Court may deem fit and proper.”
4. The present case relates to matter known as “Bike Bot Scam”.
Anticipatory bail in economic offences requires careful consideration of the gravity of accusations, potential for absconding, and must be granted sparingly, especially under the Prevention of Money ....
Anticipatory bail in economic offences requires stringent scrutiny; the applicant's involvement in a large-scale scam and risk of flight justified denial of bail.
The gravity of economic offences, potential influence on witnesses and evidence, and the failure to satisfy the twin conditions for bail under Section 45 of the PMLA were central to the court's decis....
Offence of money-laundering - Anticipatory bail rejected - Parameters for grant of anticipatory bail in a serious offence are required to be satisfied and further while granting such relief, Court mu....
The mandatory conditions under Section 45 of PMLA for granting anticipatory bail were not satisfied, emphasizing economic offences' serious nature.
An individual can be prosecuted under the PMLA, even if not directly involved in the scheduled offence, and the gravity of economic offences needs to be considered in the matter of bail. The court al....
The court emphasized that anticipatory bail should not be granted if it hampers investigation, especially in cases involving economic offences.
Anticipatory bail is not an absolute right, especially in economic offences, where the court must balance personal liberty against the need for effective investigation.
The judgment established the need for a different approach in bail considerations for economic offences, emphasizing the gravity of economic offences, the need to protect the financial health of the ....
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