Alok Ranjan v. the Directorate of Enforcement
Bail granted – PML Act offence (Sections 3 and 4, year as printed)
Case brief
What is this about?
Keywords: PMLA bail application; ECIR Case No.02 of 2023 / ECIR/RNSZO/16/2020; Sections 3 and 4 Prevention of Money Laundering Act (printed as 2022); cash recovery Rs. 2,67,30,000/- from petitioner's rented flat (raid dated 13.11.2019); Rs. 39 crores recovered from main accused Veerendra Kumar Ram; parity — Supreme Court bail to main accused (Criminal Appeal No(s). 4615 of 2024) and to flat owner Suresh Prasad Verma; bail bond Rs. 20,000/- with two sureties; condition to co-operate in trial; Jharkhand High Court, Ranchi; B.A. No. 1651 of 2025; Ambuj Nath, J.; ED/Directorate of Enforcement opposed bail.
What did the court decide?
Bail application allowed: petitioner directed to be released on bail on bail bonds of Rs. 20,000/- with two sureties of the like amount each to the satisfaction of the learned Special Judge, PML Act, Ranchi, subject to co-operation in the trial.