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Oct 17, 2024
Supreme Court Grants Bail to Amar Sadhuram Mulchandani in Money Laundering Case

Supreme Court Grants Bail to Amar Sadhuram Mulchandani in Money Laundering Case

Bench: CJI Dr. DY Chandrachud, Justices JB Pardiwala and Manoj Misra.

Grounds: Bail granted due to Mulchandani's age (67), chronic kidney disease, and inability to perform daily activities.

PMLA Consideration: Despite the strictness of the Prevention of Money Laundering Act, the Court ruled in favor of the "sick and infirm" under the law.

Medical Reports: Bail granted after review of medical reports from JJ Group of Hospitals.

Duration of Incarceration: Mulchandani has been in custody for over 1 year and 3 months, and has not been named in any predicate offence.

RANJITHRAJU
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