After hearing both parties for over 2 days, Special Judge under the Prevention of Money Laundering Act (PMLA) reserved the application for orders which will be pronounced on January 18, Monday.
In the plea filed through Aniket Nikam, Deshmukh had stated that since no cognisance was taken by the Special Court of the chargesheet within the statutory period of 60 days as prescribed under Section 167 of the Code of Criminal Procedure (CrPC), he was entitled to statutory bail.
Deshmukh’s counsel, Senior Advocate Vikram Chaudhri, argued that excluding the date of the first remand, a period of 60 days had elapsed and a statutory embargo was created on any further custody as per Section 167.
Chaudhri claimed that the ED had extended Deshmukh’s judicial remand on December 27, 2021, till January 9, 2022 without disclosing the above fact, which he added was non-est in law.
Source: Barandbench
