Pending Money Laundering Cases: Court Says Collective Responsibility Of Probe Agencies, Defence Counsel To Make System Work
In a significant ruling related to the Prevention of Money Laundering Act (PMLA), the Honorable High Court has granted bail to Sarang Wadhawan and Rakesh Kumar Wadhawan, who were arrested in connection with ECIR No.ECIR/MBZO-I/09/2019 dated 3rd October 2019 registered with the Enforcement Directorate – Mumbai. The case pertains to offenses punishable under Sections 3 and 4 of the PML Act, 2002. Background of the Case: The case revolves around…
