Sanjay Jain v. Enforcement Directorate
Case brief
What is this about?
Sanjay Jain v. Enforcement Directorate; W.P.(C) 16850/2024 and CM APPL.71313/2024; High Court of Delhi; Sachin Datta, J.; order dated 18.02.2025; proceeds of crime; ECIR No. DLZOI/43/2021 dated 20.05.2021; provisional attachment order No. 17/2022 dated 03.12.2022 ('POA'); furnishing of FDR/bank guarantee of Rs. 66,27,48,484/- in lieu of proceeds of crime till conclusion of trial; release of attached immovable properties within 6 weeks; withdrawal of letter dated 01.12.2022 to M/s Jyoti Portfolio Pvt. Ltd. (now Jyoti Broking Pvt. Ltd.) regarding shares in DP ID IN302050, Folio No. 10000141; disposal of writ petition on respondent's statement; arrangement acceded to on peculiar facts of the case.
What did the court decide?
Petitioner permitted to furnish an FDR of Rs. 66,27,48,484/- to the respondent till conclusion of trial in lieu of proceeds of crime; immovable properties to stand released from provisional attachment order no. 17/2022 dated 03.12.2022 upon submission of the FDR within 6 weeks; letter dated 01.12.2022 to M/s Jyoti Portfolio Pvt. Ltd. (now Jyoti Broking Pvt. Ltd.) to be withdrawn; grievance in the petition held addressed and petition disposed of.