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Mumbai Court relies on Supreme Court judgment to discharge accused in PMLA offence after discharge in predicate offence

The accused stated in the application filed through advocate Rahul Agarwal that a closure report has been filed in the FIR before the concerned Magistrate and that the complainant has also given a no-objection.

In February 2021, the Magistrate took conginzance of the report and accepted closure of the investigation.

The ED arrested the accused in January 2021. Their judicial custody was extended from time to time, until earlier last month, when the accused moved the special court opposing the extension of their judicial custody.

While posting the matter for final hearing, in the meantime, the Court directed the immediate release of the accused noting that the investigation into the predicate offence against them had been closed.

While there was no relief from the High Court on the challenge to this order, the accused moved the special court seeking discharge which was extensively argued and allowed today.

Source: Barandbench

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