BAIL APPLN. 3611/2022 Page 1 of 42

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IN THE HIGH COURT OF DELHI AT NEW DELHI

Date of decision: 30^th May, 2023

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BAIL APPLN. 3611/2022

RAMESH MANGLANI

..... Petitioner

Through:

Mr.

Siddharth

Aggarwal,

Senior

Advocate with Mr. Arjun Dewan, Ms.

Sowjhanya Shankaran and Mr. Akash

Arora, Advocates.

versus

DIRECTORATE OF ENFORCEMENT

..... Respondent

Through:

Mr. Zoheb Hossain, Special Counsel

with Mr. Vivek Gumani and Mr.

Baibhav, Advocates

HON'BLE MR. JUSTICE ANUP JAIRAM BHAMBHANI

J U D G M E N T

ANUP JAIRAM BHAMBHANI J.

Introduction

By way of the present petition under section 439 of the Code of

Criminal Procedure, 1973 („Cr.P.C.‟ for short) read with section 45 of

the Prevention of Money Laundering Act, 2002 („PMLA‟ for short),

the petitioner seeks regular bail in proceedings arising from ECIR No.

DLZO-II/35/2020/721

dated

24.09.2020

registered

by

the

Enforcement Directorate („ED‟ for short) under Sections 3 and 4 of

the PMLA.

2.

The matter arises from FIR No. 1/2020 dated 01.01.2020 registered at

P.S. Economic Off