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Hyderabad Businessman Arun Pillai Granted Bail in Money Laundering Case Tied to Excise Policy: Delhi High Court

13 Sep 2024 3 min read
Hyderabad Businessman Arun Pillai Granted Bail in Money Laundering Case Tied to Excise Policy: Delhi High Court

In a significant ruling, the Delhi High Court granted bail to Arun Ramchandran Pillai, a Hyderabad-based businessman, in a money laundering case linked to the now-scrapped Delhi Excise Policy 2021-2022. The court cited the Prevention of Money Laundering Act (PMLA) and referred to key Supreme Court judgments on bail, highlighting fundamental rights under Article 21 of the Constitution of India. Background of the Case The Central Bureau of Investigation (CBI)…

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