The High Court of Jharkhand allowed the withdrawal of a criminal revision petition in Money Laundering proceedings withdrawn with liberty to raise points at appropriate stage.
Petition allowed to be withdrawn with liberty to raise all available points by filing appropriate application.
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2026:JHHC:28019
IN THE HIGH COURT OF JHARKHAND AT RANCHI Cr. Revision No.680 of 2026
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1. Basudeb Bagchi, Aged about 70 years, son of late Nirendra Nath Bagchi, Director, M/s Prayag Infotech High Rise Ltd. having registered office at P-45, Bhupan Roy Road, Behala P.O. & P.S. Behala, Kolkata-34 (West Bengal)
2. Avik Bagchi, Aged about 42 years, son of Sri Basudeo Bagchi, Director, M/s Prayag Infotech High Rise Ltd. having registered office at P-45, Bhupan Roy Road, Behala P.O. & P.S. Bihala, Kolkata-34 (West Bengal) …. …. Petitioners
Versus
Directorate of Enforcement (Prevention of Money Laundering Act) Sub Zonal Office at Ranchi Pee Pee Compound, P.O. Doranda, P.S. Hindpiri, District-Ranchi ..... .... Opp. Party
CORAM : HON’BLE MR. JUSTICE SUJIT NARAYAN PRASAD
------ For the Petitioners : Mr. Rajendra Krishna, Sr. Advocate For the Opp. Party : Mr. Amit Kr. Das, Sr. Advocate Mr. Saurav Kumar, Advocate ------
05/Dated: 16.09.2026
1. Mr. Rajendra Krishna, learned senior counsel for the petitioners, on instruction, seeks leave of this Court to withdraw this petition with a liberty to raise all available points at the appropriate stage by filing appropriate application.
2. There is no opposition so far as such liberty is concerned by Mr. Amit Kr. Das, learned senior counsel for the Opp. Party-E.D.
3. Considering the submission made by Mr. Rajendra Krishna, learned senior counsel for the petitioners, the instant revision petition is being allowed to be withdrawn and as such, disposed of with the liberty aforesaid.
(Sujit Narayan Prasad, J.)
16.09.2026
Rohit/-
1
Basudeb Bagchi
Avik Bagchi
Directorate of Enforcement (Prevention of Money Laundering Act) Sub Zonal Office at Ranchi
Sujit Narayan Prasad
As recorded by the court registry
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