0  01 Jan, 1970
Listen in mins | Read in mins
EN
HI

Narendra Kumar Tiwari Vs The State of Jharkhand

  Jharkhand High Court
Link copied!

Case Background

Bench

Applied Acts & Sections

No Acts & Articles mentioned in this case

Hello! How can I help you? 😊
Disclaimer: We do not store your data.
Document Text Version

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

1

IN THE HIGH COURT OF JHARKHAND AT RANCHI

A.B.A. No. 7842 of 2023

-----

Rajkumari … … Appellant

Versus

Union of India through Directorate of Enforcement, Ranchi

… … Respondent

with

A.B.A. No. 7821 of 2023

----

Genda Ram … … Appellant

Versus

Union of India through Directorate of Enforcement, Ranchi

… … Respondent

----

CORAM: HON’BLE MR. JUSTICE SUJIT NARAYAN PRASAD

----

For the Petitioner : Mr. Jitendra S. Singh, Advocate

: Mr. Shubhashis Rasik Soren, Advocate

: Ms. Shobha Gloria Lakra, Advocate

For the Opp. Party : Mr. Prashant Vidyarthy, Sr.P.C. UOI

----

C.A.V. on 22.03.2024 Pronounced on 12/04/2024

Since both these applications are arising out of the

common ECIR therefore with the consent of the parties

disposed of by this common order.

Prayer

1. The instant applications have been filed under

Section 438 of the Code of Criminal Procedure, 1973

praying for grant of pre-arrest bail in ECIR Case No.2 of

2023 arising out of ECIR-RNZO/16/2020 dated 17.09.2020

registered for the offence under Sections 3 punishable

under section 4 of the Prevention of Money Laundering Act,

2002, pending in the court of learned Additional Judicial

Commissioner-VIII-cum-Special Judge, PML Act, Ranchi.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

2

Case of the Prosecution

2. The prosecution case, in brief, is that the

investigation under the Prevention of Money Laundering

Act, 2002 was initiated by recording the

ECIR/RNSZO/16/2020 dated-17.09.2020 against the

accused persons on the basis of information received from

FIR No. 13/2019 dated-13.11.2019 registered by the ACB,

Jamshedpur.

3. Subsequently the Final Report has been filed by the

investigating agency bearing no. 01/2020 dated-

11.01.2020 under Section 120-B and 201 IPC and under

Section 7 (b) of the P.C. Act, 1988 against the accused

persons, namely, Alok Ranjan and Suresh Prasad Verma.

4. Further, in course of search proceeding conducted in

relation to the instant case at different places under Section

17 PML Act to investigate the role of the accused persons

and their close associates, it is found that part of the

proceeds of crime acquired in the form of commission/bribe

in lieu of allotment of tenders by the accused Veerendra

Kumar Ram, a public servant. The said bribe money was

getting routed to the bank accounts of family members of

Veerendra Kumar Ram with the help of bank accounts of

Delhi based CA Mukesh Mittal 's employees/relatives.

5. It is also ascertained that Veerendra Kumar Ram

used to give cash to Mukesh Mittal who with the help of

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

3

other entry providers used to take entries in the bank

accounts of his employees and relatives and then such fund

was transferred by Mukesh Mittal into the bank accounts of

the co-accused Rajkumari (wife of Veerendra Kumar Ram)

and Genda Ram (father of Veerendra Kumar Ram). Both are

the petitioners herein.

6. Further, it is also ascertained that some bank

accounts opened (at Delhi) on the basis of forged documents

were also being used in such routing of funds. Therefore,

findings related to such routing of funds were shared with

the Delhi Police u/s 66(2) of the PMLA by the I.O. Further,

on the basis of the information shared U/s 66(2) of PMLA,

2002, an FIR No. 22/2023, was registered by Economic

Offence Wing (EOW), Delhi against (i) Veerendra Kumar

Ram, (ii) Mukesh Mittal and (iii) unknown Others under

Sections 419, 420, 465, 466, 468, 471, 473, 474, 476, 484,

and 120-B of IPC, 1860, and Section 7 and 5 of Specified

Bank Notes (Cessation of Liabilities) Act; 2017.

7. The prosecution complaint shows that various

records, documents, digital devices, cash, jewellery, vehicles

were recovered and seized during course of search

conducted on 21.02.2023 and during investigation they

were found accumulated through proceeds of crime.

8. Accordingly, prosecution has submitted prosecution

complaint in the matter and based upon that cognizance

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

4

has been taken on 29.04.2023 for the offence u/s 3 and u/s

4 of PML Act, 2002 against the present petitioners and

others.

9. There are specific allegations against the

petitioner/accused namely Rajkumari that she knowingly

assisted to her husband who is co-accused to purchase

immovable properties at New Delhi in her name and the

purchase consideration was paid from the proceeds of crime

generated by her husband Veerendra Kumar Ram.

10. Against the petitioner/accused namely Genda Ram

there is specific allegation that he knowingly assisted his

son Veerendra Kumar Ram who is co-accused to purchase

immovable properties at New Delhi in his own name to the

tune of Rs 22.5 Crore from the commission/bribe amount,

which was acquired by his son Veerendra Kumar Ram.

Further, the bank account statements of the said petitioner

reflect huge credits to the tune of Rs 4.525 crores.

11. Accordingly, in connection of alleged crime, the

present petitioners had preferred Anticipatory Bail petition

no. 1551 of 2023 and 1549 of 2023 for grant of pre-arrest

bail but the same was rejected vide order dated 22.07.2023

passed by the court of, learned Additional Judicial

Commissioner-XVIII-cum-Special Judge, PML Act, Ranchi.

12. Hence the present applications have been filed.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

5

Argument advanced by learned counsel for the

petitioners:

13. Mr. Jitendra S. Singh, learned counsel for the

petitioners has argued inter alia on the following grounds:

I. The petitioners are quite innocent and have falsely

been implicated in this case with oblique motive and

mala fide intention to harass the petitioners.

II. There is no allegation said to be committed so as to

attract the offence under Section under Section 3 of

the PML Act since there is no allegation of laundering

of money against the petitioners.

III. In alternate, submission has been made that even if

the allegations leveled against petitioners are

accepted then also it would not constitute offence

under Section 3/ 4 of the PML Act inasmuch as the

allegations fall short of the essential ingredients for

offence of money laundering.

IV. That the Enforcement Directorate has exceeded its

jurisdiction in arraigning the petitioners as an

accused in the present case when they cannot even

be remotely linked to the predicate offence which in

the present case is FIR No. 13/2019 dated

13.11.2019 registered by ACB.

V. FIR No. 13/2019 dated 13.11.2019 registered by

ACB was registered subsequent to a trap laid down

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

6

against Mr. Suresh Prasad Verma and the aforesaid

FIR entails investigation arising out of the said cause

of action. Therefore, FIR no. 13/2019 dated

13.11.2019 is not emanating from a cause of action

purportedly connected with the petitioner's husband.

Therefore, the petitioners do not even have a

purported connection to the predicate offence of the

present ECIR.

VI. The Petitioners are not involved in laundering of

money as they have disclosed their wealth to the

Income Tax Department which is apparent from the

records.

VII. It is the settled assumption that person

having/dealing with financial transactions cannot

know at the outset that the funds involved in the

financial transaction are proceeds of crime and the

petitioners are the wife and father of that accused

hence, it does not lead to an automatic inference that

the money given by that accused are proceeds of

crime. However, in the instant case Veerendra Kumar

Ram (accused no.1) and the petitioners themselves

are not even accused in predicate offence.

VIII. That the twin conditions of section 45 PMLA are not

applicable to the petitioner namely Rajkumari as she

is a woman and falls within the proviso to section

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

7

45(1) of the PMLA which appears to further the

constitutional mandate of Article 15(3) of the

Constitution of India which enables framing of laws

for the benefit of women and children.

IX. In the aforesaid context reliance is placed by the

learned counsel for the petitioners on the judgment

of the Delhi High Court rendered in Devki Nandan

Garg v. Directorate of Enforcement, (2022) 6 HCC

(Del) 67 and it has been contended that the proviso

to Section 45(1) has been incorporated as relaxation

for persons below sixteen years of age; a woman; or

one who is sick or infirm.

14. Learned counsel for the petitioners based upon the

aforesaid grounds has submitted that in the aforesaid view

of the matter as per the ground agitated hereinabove, it is a

fit case where the petitioners are to be given the benefit of

privilege of pre-arrest bail.

Argument advanced by learned counsel for the opposite

party-Enforcement Directorate:

15. While on the other hand, Mr. Amit Kumar Das,

learned counsel for the opposite party - Enforcement

Directorate has seriously opposed the said

submission/ground both based upon the fact and the law

as referred hereinabove.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

8

(I) So far as subsequent FIR is concerned, submission

has been made that it is incorrect on the part of

the petitioner to take the ground that since the

first FIR is dated 13.11.2019 and subsequent

thereto it was found that the money was being

routed in Delhi then the second FIR was instituted

on 03.03.2023. Hence, there is no illegality since

as per the allegation made in the complaint that

the first FIR which is against Alok Ranjan who has

informed to be the custodian of the money which

was being illegally given by the co-accused

Veerendra Kumar Ram. While the second FIR

being FIR No. 22/2023 is for investigating the

routing of the said money illegally procured by the

said Veerendra Kumar Ram. Then in such

circumstances, the complaint has been instituted

by the Enforcement Directorate, which cannot be

said to suffer from any illegality.

(II) Further, it has been submitted by referring to the

imputation as has come in course of investigation

conducted against the present petitioners wherein,

the direct involvement of the petitioners have been

found in laundering the money.

(III) Learned counsel for the Enforcement Directorate

has referred the imputation as has come against

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

9

the petitioners in the prosecution complaint

wherein it is alleged that the accused Veerendra

Kumar Ram was actively and directly indulged in

the process of acquisition, possession and

concealment of proceeds of crime to the tune of Rs.

48,94,10,877/- and he arranged the bogus entries

of Rs. 9.3 crores into the bank account of his wife

Rajkumari and of Rs. 4.535 into the bank account

of his father Genda Ram and the amount was

utilized for purchasing vehicles, other properties

and living a luxurious life.

(IV) Learned counsel for the respondent- ED has

further submitted that regular bail petition of co-

accused Tara Chand and Harish Yadav has been

rejected by this Court vide order dated 01.03.2024

passed in B.A. No. 11095 of 2023 and BA No. 9734

of 2023 respectively and anticipatory bail petition

of co-accused, Mukesh Mittal has also been

rejected by this Court vide order dated 16.02.2024

passed in ABA No. 10671 of 2023, looking into the

gravity of offence and applying the rigours of

Section 45 of PML Act, 2002.

(V) The Petitioners have directly indulged in the

process of possession, concealment, & use of

proceeds of crime and also knowingly assisted

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

10

Veerendra Kumar Ram (Accused no 1) in

projecting the same as untainted, hence, the

present petitioners have committed the offence of

Money Laundering as defined under section 3 of

PML Act 2002.

(VI) The provisions of the PMLA are an independent

offence as the PMLA is a different special statute.

The investigation conducted by the Enforcement

Directorate under the PMLA,2002 is triggered after

committing, the commission of a scheduled

offence, out of which proceeds have been

generated. During investigation, active involvement

of the Petitioners in the layering, transfer and use

of proceeds of crime has surfaced.

(VII) Further during the investigation, the petitioners

have never divulged the actual source of their

income during their statements recorded u/s 50 of

PMLA, 2002. Further, the petitioners namely

Rajkumari has only submitted a copy of Form No.

BA as well as the notices that were issued to her

by the Income Tax Department. However, in the

said petition itself, she has not disclosed the

source of funds/income used in investment in

shares and securities as well as investment in

jewelry, gold and silver bullion and in business

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

11

which clearly established that the said credits were

acquired out of Proceeds of Crime generated

through commission of criminal activities.

(VIII) Further, without prejudice to the arguments raised

above, it is submitted that merely declaring income

and paying tax without providing a source does

not absolve the charges of money laundering. It is

an admitted fact that the Petitioner's husband is

involved in huge corruption which is base of all the

properties acquired by the Petitioner or family

members.

(IX) Petitioner namely Rajkumari, during her statement

u/s 50 of PMLA, has inter alia stated that source

of all the funds received in her bank accounts

would be explained by husband Veerendra Kumar

Ram, and Veerendra Kumar Ram in his statement

u/s 50 of PMLA has stated that aforesaid credits

are out of the entries received in the said accounts

against cash, the source of which was the

commission received by Veerendra Kumar Ram

which clearly established that the said credits were

acquired out of Proceeds of Crime generated

through commission of criminal activities.

(X) Hence, the averments raised by the Petitioner do

not hold any merit, and there are documentary

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

12

evidence and statement of witnesses to corroborate

or substantiate the charges on the Petitioner.

(XI) Further the learned counsel for the respondent put

his reliance on the judgment rendered by the

Hon’ble Apex Court in Rohit Tandon v.

Directorate of Enforcement, (2018) 11 SCC 46

wherein the Hon’ble Supreme Court observed that

the provisions Section 24 of the PMLA provide that

unless the contrary is proved, the authority or the

Court shall presume that proceeds of crime are

involved in money laundering and the burden to

prove that the proceeds of crime are not involved,

lies on the Petitioner.

(XII) It is submitted that the contention of the learned

counsel for the petitioner that the proviso to

section 45 cannot be attracted in the present case

only on account of the Applicant being a woman is

totally misplaced. The learned counsel for the

respondent ED put his reliance upon the judgment

as rendered by the Delhi High Court in Shivani

Rajiv Saxena v. Directorate of Enforcement &

Anr. vide order dated 15.09.2017 in Bail

Appln.1518/2017 wherein bail was denied to the

accused, who was a woman, as the court observed

that the application of discretion described in

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

13

proviso to section 45(1) has to be applied consider

the unique circumstances surrounding specif ic

groups of individuals, rather than being applied

universally as a standard rule that all those

categories of people in the said proviso must be

granted bail.

(XIII) Further, drawing an analogy with Section 437(1)

Cr.P.C. and also relying upon the judgment of

Delhi High Court in Meenu Dewan v. State in

Bail Appl. No.736/2008 wherein it was held that

there is no absolute or unconditional rule that bail

should be granted if the accused is a woman, but

the nature and gravity of the offence and

heinousness of such offence also has to be

considered and the same varies from circumstance

to circumstance.

(XIV) it is submitted that the Hon'ble Supreme Court

has not passed a blanket order to give anticipatory

bail to the accused if not arrested during the

course of the investigation and in Sanjay Chandra

v. CBI (2012) 1 SCC 40, Hon'ble Supreme Court

has observed that the seriousness of charges shall

be considered before considering the bail of the

accused.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

14

16. Learned counsel for the respondent-Enforcement

Directorate, based upon t he aforesaid grounds, has

submitted that it is not a fit case where the prayer for pre-

arrest bail is to be allowed taking into consideration their

involvement in directly acquiring the proceeds of crime.

Analysis of the submissions made on behalf of parties:

17. This Court has heard the learned counsel for the

parties, gone across the pleading available on record as also

the finding recorded by learned court.

18. This Court, before appreciating the argument

advanced on behalf of the parties, deems it fit and proper to

discuss herein some of the provisions of law as contained

under the Act, 2002 with its object and intent.

19. The Act was enacted to address the urgent need to

have a comprehensive legislation inter alia for preventing

money-laundering, attachment of proceeds of crime,

adjudication and confiscation thereof including vesting of it

in the Central Government, setting up of agencies and

mechanisms for coordinating measures for combating

money-laundering and also to prosecute the persons

indulging in the process or activity connected with the

proceeds of crime.

20. The issues were debated threadbare in the United

Nation Convention Against Illicit Traffic in Narcotic Drugs

and Psychotropic Substances, Basle Statement of Principles

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

15

enunciated in 1989, the FATF established at the summit of

seven major industrial nations held in Paris from 14

th to

16

th July, 1989, the Political Declaration and Noble

Programme of Action adopted by United Nations General

Assembly vide its Resolution No. S-17/2 of 23.2.1990, the

United Nations in the Special Session on countering World

Drug Problem Together concluded on the 8

th to the 10

th

June, 1998, urging the State parties to enact a

comprehensive legislation. This is evident from the

introduction and Statement of Objects and Reasons

accompanying the Bill which became the 2002 Act. The

same reads thus:

“INTRODUCTION

Money-laundering poses a serious threat not only to the

financial systems of countries, but also to their integrity

and sovereignty. To obviate such threats international

community has taken some initiatives. It has been felt

that to prevent money-laundering and connected

activities a comprehensive legislation is urgently

needed. To achieve this objective the Prevention of

Money-laundering Bill, 1998 was introduced in the

Parliament. The Bill was referred to the Standing

Committee on Finance, which presented its report on 4

th

March, 1999 to the Lok Sabha. The Central Government

broadly accepted the recommendation of the Standing

Committee and incorporated them in the said Bill along

with some other desired changes.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

16

STATEMENT OF OBJECTS AND REASONS

It is being realised, world over, that money-laundering

poses a serious threat not only to the financial systems

of countries, but also to their integrity and sovereignty.

Some of the initiatives taken by the international

community to obviate such threat are outlined below:—

(a) the United Nations Convention Against Illicit Traffic

in Narcotic Drugs and Psychotropic Substances, to

which India is a party, calls for prevention of

laundering of proceeds of drug crimes and other

connected activities and confiscation of proceeds

derived from such offence.

(b) the Basle Statement of Principles, enunciated in

1989, outlined basic policies and procedures that

banks should follow in order to assist the law

enforcement agencies in tackling the problem of money-

laundering.

(c) the Financial Action Task Force established at the

summit of seven major industrial nations, held in Paris

from 14

th to 16

th July, 1989, to examine the problem of

money-laundering has made forty recommendations,

which provide the foundation material for

comprehensive legislation to combat the problem of

money-laundering. The recommendations were

classified under various heads. Some of the important

heads are—

(i) declaration of laundering of monies carried through

serious crimes a criminal offence;

(ii) to work out modalities of disclosure by financial

institutions regarding reportable transactions;

(iii) confiscation of the proceeds of crime;

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

17

(iv) declaring money-laundering to be an extraditable

offence; and

(v) promoting international co-operation in investigation

of money-laundering.

(d) the Political Declaration and Global Programme of

Action adopted by United Nations General Assembly by

its Resolution No. S-17/2 of 23

rd February, 1990, inter

alia, calls upon the member States to develop

mechanism to prevent financial institutions from being

used for laundering of drug related money and

enactment of legislation to prevent such laundering.

(e) the United Nations in the Special Session on

countering World Drug Problem Together concluded on

the 8

th to the 10

th June, 1998 has made another

declaration regarding the need to combat money-

laundering. India is a signatory to this declaration.

21. It is thus evident that the Act 2002 was enacted to

answer the urgent requirement to have a comprehensive

legislation inter alia for preventing money-laundering,

attachment of proceeds of crime, adjudication and

confiscation thereof for combating money-laundering and

also to prosecute the persons indulging in the process or

activity connected with the proceeds of crime.

22. It needs to refer herein the definition of “proceeds of

crime” as provided under Section 2(1)(u) of the Act, 2002

which reads as under:

“2(u) “proceeds of crime” means any property derived or

obtained, directly or indirectly, by any person as a result of

criminal activity relating to a scheduled offence or the value

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

18

of any such property or where such property is taken or

held outside the country, then the property equivalent in

value held within the country or abroad;

[Explanation.—For the removal of doubts, it is hereby

clarified that "proceeds of crime" include property not only

derived or obtained from the scheduled offence but also

any property which may directly or indirectly be derived or

obtained as a result of any criminal activity relatable to the

scheduled offence;]”

23. It is evident from the aforesaid provision by which

the “proceeds of crime” means any property derived or

obtained, directly or indirectly, by any person as a result of

criminal activity relating to a scheduled offence or the value

of any such property or where such property is taken or

held outside the country, then the property equivalent in

value held within the country or abroad.

In the explanation it has been referred that for the

removal of doubts, it is hereby clarified that "proceeds of

crime" include property not only derived or obtained from

the scheduled offence but also any property which may

directly or indirectly be derived or obtained as a result of

any criminal activity relatable to the scheduled offence.

The aforesaid explanation has been inserted in the

statute book by way of Act 23 of 2019.

24. It is, thus, evident that the reason for giving

explanation under Section 2(1)(u) is by way of clarification to

the effect that whether as per the substantive provision of

Section 2(1)(u), the property derived or obtained, directly or

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

19

indirectly, by any person as a result of criminal activity

relating to a scheduled offence or the value of any such

property or where such property is taken or held outside the

country but by way of explanation the proceeds of crime has

been given broader implication by including property not only

derived or obtained from the scheduled offence but also any

property which may directly or indirectly be derived or

obtained as a result of any criminal activity relatable to the

scheduled offence.

25. The “property” has been defined under Section

2(1)(v) which means any property or assets of every

description, whether corporeal or incorporeal, movable or

immovable, tangible or intangible and includes deeds and

instruments evidencing title to, or interest in, such property

or assets, wherever located.

26. The schedule has been defined under Section 2(1)(x)

which means schedule to the Prevention of Money Laundering

Act, 2002. The “scheduled offence” has been defined under

Section 2(1)(y) which reads as under:

“2(y) “scheduled offence” means—

(i) the offences specified under Part A of the Schedule; or

(ii) the offences specified under Part B of the Schedule if the

total value involved in such offences is [one crore rupees] or

more; or

(iii) the offences specified under Part C of the Schedule.”

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

20

27. It is evident from the meaning of “scheduled offence”

that the offences specified under Part A of the Schedule; or

the offences specified under Part B of the Schedule if the

total value involved in such offences is [one crore rupees] or

more; or the offences specified under Part C of the Schedule.

28. The offence of money laundering has been defined

under Section 3 of the Act, 2002 which reads as under:

“3. Offence of money-laundering. —Whosoever directly

or indirectly attempts to indulge or knowingly assists or

knowingly is a party or is actually involved in any process

or activity connected with the [proceeds of crime including

its concealment, possession, acquisition or use and

projecting or claiming] it as untainted property shall be

guilty of offence of money-laundering.

[Explanation.— For the removal of doubts, it is hereby

clarified that,—

(i) a person shall be guilty of offence of money-laundering if

such person is found to have directly or indirectly

attempted to indulge or knowingly assisted or knowingly is

a party or is actually involved in one or more of the

following processes or activities connected with proceeds of

crime, namely:—

(a) concealment; or

(b) possession; or

(c) acquisition; or

(d) use; or

(e) projecting as untainted property; or

(f) claiming as untainted property,

in any manner whatsoever;

(ii) the process or activity connected with proceeds of crime

is a continuing activity and continues till such time a

person is directly or indirectly enjoying the proceeds of

crime by its concealment or possession or acquisition or use

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

21

or projecting it as untainted property or claiming it as

untainted property in any manner whatsoever.]”

29. It is evident from the aforesaid provision that

“offence of money-laundering” means whosoever directly or

indirectly attempts to indulge or knowingly assists or

knowingly is a party or is actually involved in any process or

activity connected with the proceeds of crime including its

concealment, possession, acquisition or use and projecting

or claiming it as untainted property shall be guilty of offence

of money-laundering.

30. It is further evident that the process or activity

connected with proceeds of crime is a continuing activity

and continues till such time a person is directly or indirectly

enjoying the proceeds of crime by its concealment or

possession or acquisition or use or projecting it as

untainted property or claiming it as untainted property in

any manner whatsoever.

31. The punishment for money laundering has been

provided under Section 4 of the Act, 2002.

32. Section 50 of the Act, 2002 confers power upon the

authorities regarding summons, production of documents

and to give evidence. For ready reference, Section 50 of the

Act, 2002 reads as under:

“50. Powers of authorities regarding summons,

production of documents and to give evidence, etc. —

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

22

(1) The Director shall, for the purposes of section 13, have

the same powers as are vested in a civil court under the

Code of Civil Procedure, 1908 (5 of 1908) while trying a

suit in respect of the following matters, namely:—

(a) discovery and inspection;

(b) enforcing the attendance of any person, including any

officer of a [reporting entity] and examining him on oath;

(c) compelling the production of records;

(d) receiving evidence on affidavits;

(e) issuing commissions for examination of witnesses and

documents; and

(f) any other matter which may be prescribed.

(2) The Director, Additional Director, Joint Director, Deputy

Director or Assistant Director shall have power to summon

any person whose attendance he considers necessary

whether to give evidence or to produce any records during

the course of any investigation or proceeding under this

Act.

(3) All the persons so summoned shall be bound to attend

in person or through authorised agents, as such officer

may direct, and shall be bound to state the truth upon any

subject respecting which they are examined or make

statements, and produce such documents as may be

required.

(4) Every proceeding under sub-sections (2) and (3) shall be

deemed to be a judicial proceeding within the meaning of

section 193 and section 228 of the Indian Penal Code (45 of

1860).

(5) Subject to any rules made in this behalf by the Central

Government, any officer referred to in sub-section (2) may

impound and retain in his custody for such period, as he

thinks fit, any records produced before him in any

proceedings under this Act:

Provided that an Assistant Director or a Deputy Director

shall not—

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

23

(a) impound any records without recording his reasons for

so doing; or

(b) retain in his custody any such records for a period

exceeding three months, without obtaining the previous

approval of the [Joint Director].”

33. The various provisions of the Act, 2002 alongwith

interpretation of the definition of “proceeds of crime” has

been dealt with by the Hon’ble Apex Court in the case of

Vijay Madanlal Choudhary and Ors. Vs. Union of India

and Ors., (2022) SCC OnLine SC 929 wherein the Bench

comprising of three Hon’ble Judges of the Hon’ble Supreme

Court has decided the issue by taking into consideration the

object and intent of the Act, 2002. The definition of

“proceeds of crime” as under paragraph-251.

34. The interpretation of the condition which is to be

fulfilled while arresting the person who said to be involved

in the predicate offence has been made as would appear

from paragraph-265. For ready reference, relevant

paragraphs are being referred as under:

“265. To put it differently, the section as it stood prior to

2019 had itself incorporated the expression “including”,

which is indicative of reference made to the different

process or activity connected with the proceeds of crime.

Thus, the principal provision (as also the Explanation)

predicates that if a person is found to be directly or

indirectly involved in any process or activity connected with

the proceeds of crime must be held guilty of offence of

money-laundering. If the interpretation set forth by the

petitioners was to be accepted, it would follow that it is

only upon projecting or claiming the property in question as

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

24

untainted property, the offence would be complete. This

would undermine the efficacy of the legislative intent

behind Section 3 of the Act and also will be in disregard of

the view expressed by the FATF in connection with the

occurrence of the word “and” preceding the expression

“projecting or claiming” therein. This Court in Pratap Singh

v. State of Jharkhand, enunciated that the international

treaties, covenants and conventions although may not be a

part of municipal law, the same be referred to and followed

by the Courts having regard to the fact that India is a party

to the said treaties. This Court went on to observe that the

Constitution of India and other ongoing statutes have been

read consistently with the rules of international law. It is

also observed that the Constitution of India and the

enactments made by Parliament must necessarily be

understood in the context of the present-day scenario and

having regard to the international treaties and convention

as our constitution takes note of the institutions of the

world community which had been created. In Apparel

Export Promotion Council v. A.K. Chopra, the Court

observed that domestic Courts are under an obligation to

give due regard to the international conventions and norms

for construing the domestic laws, more so, when there is no

inconsistency between them and there is a void in domestic

law. This view has been restated in Githa Hariharan, as

also in People's Union for Civil Liberties, and National Legal

Services Authority v. Union of India.”

35. The implication of Section 50 has also been taken

into consideration. Relevant paragraph, i.e., paragraphs-

422, 424, 425, 431, 434 reads as under:

“422. The validity of this provision has been challenged on

the ground of being violative of Articles 20(3) and 21 of the

Constitution. For, it allows the authorised officer under the

2002 Act to summon any person and record his statement

during the course of investigation. Further, the provision

mandates that the person should disclose true and correct

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

25

facts known to his personal knowledge in connection with

the subject matter of investigation. The person is also

obliged to sign the statement so given with the threat of

being punished for the falsity or incorrectness thereof in

terms of Section 63 of the 2002 Act. Before we proceed to

analyse the matter further, it is apposite to reproduce

Section 50 of the 2002 Act, as amended. -----:

424. By this provision, the Director has been empowered to

exercise the same powers as are vested in a civil Court

under the 1908 Code while trying a suit in respect of

matters specified in sub-section (1). This is in reference to

Section 13 of the 2002 Act dealing with powers of Director

to impose fine in respect of acts of commission and

omission by the banking companies, financial institutions

and intermediaries. From the setting in which Section 50

has been placed and the expanse of empowering the

Director with same powers as are vested in a civil Court for

the purposes of imposing fine under Section 13, is

obviously very specific and not otherwise.

425. Indeed, sub-section (2) of Section 50 enables the

Director, Additional Director, Joint Director, Deputy Director

or Assistant Director to issue summon to any person whose

attendance he considers necessary for giving evidence or to

produce any records during the course of any investigation

or proceeding under this Act. We have already highlighted

the width of expression “proceeding” in the earlier part of

this judgment and held that it applies to proceeding before

the Adjudicating Authority or the Special Court, as the case

may be. Nevertheless, sub-section (2) empowers the

authorised officials to issue summon to any person. We fail

to understand as to how Article 20(3) would come into play

in respect of process of recording statement pursuant to

such summon which is only for the purpose of collecting

information or evidence in respect of proceeding under this

Act. Indeed, the person so summoned, is bound to attend in

person or through authorised agent and to state truth upon

any subject concerning which he is being examined or is

expected to make statement and produce documents as

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

26

may be required by virtue of sub-section (3) of Section 50 of

the 2002 Act. The criticism is essentially because of

subsection (4) which provides that every proceeding under

sub-sections (2) and (3) shall be deemed to be a judicial

proceeding within the meaning of Sections 193 and 228 of

the IPC. Even so, the fact remains that Article 20(3) or for

that matter Section 25 of the Evidence Act, would come into

play only when the person so summoned is an accused of

any offence at the relevant time and is being compelled to

be a witness against himself. This position is well-

established. The Constitution Bench of this Court in M.P.

Sharma had dealt with a similar challenge wherein

warrants to obtain documents required for investigation

were issued by the Magistrate being violative of Article

20(3) of the Constitution. This Court opined that the

guarantee in Article 20(3) is against “testimonial

compulsion” and is not limited to oral evidence. Not only

that, it gets triggered if the person is compelled to be a

witness against himself, which may not happen merely

because of issuance of summons for giving oral evidence or

producing documents. Further, to be a witness is nothing

more than to furnish evidence and such evidence can be

furnished by different modes. The Court went on to observe

as follows:

“Broadly stated the guarantee in article 20(3) is against

“testimonial compulsion”. It is suggested that this is

confined to the oral evidence of a person standing his trial

for an offence when called to the witness-stand. We can

see no reason to confine the content of the constitutional

guarantee to this barely literal import. So to limit it would

be to rob the guarantee of its substantial purpose and to

miss the substance for the sound as stated in certain

American decisions. The phrase used in Article 20(3) is “to

be a witness”. A person can “be a witness” not merely by

giving oral evidence but also by producing documents or

making intelligible gestures as in the case of a dumb

witness (See section 119 of the Evidence Act) or the like.

“To be a witness” is nothing more than “to furnish

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

27

evidence”, and such evidence can be furnished through the

lips or by production of a thing or of a document or in other

modes. So far as production of documents is concerned, no

doubt Section 139 of the Evidence Act says that a person

producing a document on summons is not a witness. But

that section is meant to regulate the right of cross-

examination. It is not a guide to the connotation of the word

“witness”, which must be understood in its natural sense,

i.e., as referring to a person who furnishes evidence.

Indeed, every positive volitional act which furnishes

evidence is testimony, and testimonial compulsion connotes

coercion which procures the positive volitional evidentiary

acts of the person, as opposed to the negative attitude of

silence or submission on his part. Nor is there any reason

to think that the protection in respect of the evidence so

procured is confined to what transpires at the trial in the

court room. The phrase used in article 20(3) is “to be a

witness” and not to “appear as a witness”. It follows that

the protection afforded to an accused in so far as it is

related to the phrase “to be a witness” is not merely in

respect of testimonial compulsion in the court room but may

well extend to compelled testimony previously obtained

from him. It is available therefore to a person against

whom a formal accusation relating to the

commission of an offence has been levelled which in

the normal course may result in prosecution. Whether

it is available to other persons in other situations does not

call for decision in this case.”

(emphasis supplied)

431. In the context of the 2002 Act, it must be remembered

that the summon is issued by the Authority under Section

50 in connection with the inquiry regarding proceeds of

crime which may have been attached and pending

adjudication before the Adjudicating Authority. In respect

of such action, the designated officials have been

empowered to summon any person for collection of

information and evidence to be presented before the

Adjudicating Authority. It is not necessarily for initiating a

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

28

prosecution against the noticee as such. The power

entrusted to the designated officials under this Act, though

couched as investigation in real sense, is to undertake

inquiry to ascertain relevant facts to facilitate initiation of

or pursuing with an action regarding proceeds of crime, if

the situation so warrants and for being presented before

the Adjudicating Authority. It is a different matter that the

information and evidence so collated during the inquiry

made, may disclose commission of offence of money-

laundering and the involvement of the person, who has

been summoned for making disclosures pursuant to the

summons issued by the Authority. At this stage, there

would be no formal document indicative of likelihood of

involvement of such person as an accused of offence of

money-laundering. If the statement made by him reveals

the offence of money-laundering or the existence of

proceeds of crime, that becomes actionable under the Act

itself. To put it differently, at the stage of recording of

statement for the purpose of inquiring into the relevant

facts in connection with the property being proceeds of

crime is, in that sense, not an investigation for prosecution

as such; and in any case, there would be no formal

accusation against the noticee. Such summons can be

issued even to witnesses in the inquiry so conducted by the

authorised officials. However, after further inquiry on the

basis of other material and evidence, the involvement of

such person (noticee) is revealed, the authorised officials

can certainly proceed against him for his acts of

commission or omission. In such a situation, at the stage of

issue of summons, the person cannot claim protection

under Article 20(3) of the Constitution. However, if his/her

statement is recorded after a formal arrest by the ED

official, the consequences of Article 20(3) or Section 25 of

the Evidence Act may come into play to urge that the same

being in the nature of confession, shall not be proved

against him. Further, it would not preclude the prosecution

from proceeding against such a person including for

consequences under Section 63 of the 2002 Act on the

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

29

basis of other tangible material to indicate the falsity of his

claim. That would be a matter of rule of evidence.

434. It is, thus, clear that the power invested in the

officials is one for conducting inquiry into the matters

relevant for ascertaining existence of proceeds of crime and

the involvement of persons in the process or activity

connected therewith so as to initiate appropriate action

against such person including of seizure, attachment and

confiscation of the property eventually vesting in the

Central Government.

36. It is evident from the observation so made as above

that the purposes and objects of the 2002 Act for which it

has been enacted, is not limited to punishment for offence

of money-laundering, but also to provide measures for

prevention of money-laundering. It is also to provide for

attachment of proceeds of crime, which are likely to be

concealed, transferred or dealt with in any manner which

may result in frustrating any proceeding relating to

confiscation of such proceeds under the 2002 Act. This Act

is also to compel the banking companies, financial

institutions and intermediaries to maintain records of the

transactions, to furnish information of such transactions

within the prescribed time in terms of Chapter IV of the

2002 Act.

37. The predicate offence has been considered in the

aforesaid judgment wherein by taking into consideration the

explanation as inserted by way of Act 23 of 2019 under the

definition of the “proceeds of crime” as contained under

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

30

Section 2(1)(u), whereby and whereunder, it has been

clarified for the purpose of removal of doubts that, the

"proceeds of crime" include property not only derived or

obtained from the scheduled offence but also any property

which may directly or indirectly be derived or obtained as a

result of any criminal activity relatable to the scheduled

offence, meaning thereby, the words “any property which

may directly or indirectly be derived or obtained as a result of

any criminal activity relatable to the scheduled offence” will

come under the fold of the proceeds of crime.

38. So far as the purport of Section 45(1)(i)(ii) is

concerned, the aforesaid provision starts from the non-

obstante clause that notwithstanding anything contained in

the Code of Criminal Procedure, 1973, no person accused of

an offence under this Act shall be released on bail or on his

own bond unless –

(i) the Public Prosecutor has been given an opportunity to

oppose the application for such release; and

(ii) where the Public Prosecutor opposes the application,

the court is satisfied that there are reasonable grounds for

believing that he is not guilty of such offence and that he is

not likely to commit any offence while on bail

Sub-section (2) thereof puts limitation on granting

bail specified in sub-section (1) in addition to the limitations

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

31

under the Code of Criminal Procedure, 1973 or any other

law for the time being in force on granting of bail.

The explanation is also there as under sub-section

(2) thereof which is for the purpose of removal of doubts, a

clarification has been inserted that the expression "Offences

to be cognizable and non-bailable" shall mean and shall be

deemed to have always meant that all offences under this

Act shall be cognizable offences and non-bailable offences

notwithstanding anything to the contrary contained in the

Code of Criminal Procedure, 1973, and accordingly the

officers authorised under this Act are empowered to arrest

an accused without warrant, subject to the fulfilment of

conditions under section 19 and subject to the conditions

enshrined under this section.

39. The implication of Section 45 has been interpreted

by the Hon’ble Apex Court in Vijay Madanlal Choudhary

and Ors. Vs. Union of India and Ors. (supra) at

paragraphs-371-374. For ready reference, the said

paragraphs are being referred as under:

“371. The relevant provisions regarding bail in the 2002

Act can be traced to Sections 44(2), 45 and 46 in Chapter

VII concerning the offence under this Act. The principal

grievance is about the twin conditions specified in Section

45 of the 2002 Act. Before we elaborate further, it would be

apposite to reproduce Section 45, as amended. The same

reads thus:

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

32

“45. Offences to be cognizable and non-bailable.—(1)

[Notwithstanding anything contained in the Criminal

Procedure Code, 1973 (2 of 1974), no person accused of an

offence [under this Act] shall be released on bail or on his

own bond unless’]

(i) the Public Prosecutor has been given an opportunity to

oppose the application for such release; and

(ii) where the Public Prosecutor opposes the application, the

court is satisfied that there are reasonable grounds for

believing that he is not guilty of such offence and that he is

not likely to commit any offence while on bail:

Provided that a person who is under the age of sixteen

years, or is a woman or is sick or infirm, [or is accused

either on his own or along with other co-accused of money-

laundering a sum of less than one crore rupees], may be

released on bail, if the Special Court so directs:

Provided further that the Special Court shall not take

cognizance of any offence punishable under section 4

except upon a complaint in writing made by—

(i) the Director; or

(ii) any officer of the Central Government or a State

Government authorised in writing in this behalf by the

Central Government by a general or special order made in

this behalf by that Government.

[(1A) Notwithstanding anything contained in the Criminal

Procedure Code, 1973 (2 of 1974), or any other provision of

this Act, no police officer shall investigate into an offence

under this Act unless specifically authorised, by the

Central Government by a general or special order, and,

subject to such conditions as may be prescribed.]

(2) The limitation on granting of bail specified in [***] sub-

section (1) is in addition to the limitations under the

Criminal Procedure Code, 1973 (2 of 1974) or any other

law for the time being in force on granting of bail.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

33

[Explanation.—For the removal of doubts, it is clarified that

the expression “Offences to be cognizable and non-

bailable” shall mean and shall be deemed to have always

meant that all offences under this Act shall be cognizable

offences and non-bailable offences notwithstanding

anything to the contrary contained in the Criminal

Procedure Code, 1973 (2 of 1974), and accordingly the

officers authorised under this Act are empowered to arrest

an accused without warrant, subject to the fulfilment of

conditions under section 19 and subject to the conditions

enshrined under this section.]”

372. Section 45 has been amended vide Act 20 of 2005,

Act 13 of 2018 and Finance (No. 2) Act, 2019. The provision

as it obtained prior to 23.11.2017 read somewhat

differently. The constitutional validity of Sub-section (1) of

Section 45, as it stood then, was considered in Nikesh

Tarachand Shah. This Court declared Section 45(1) of the

2002 Act, as it stood then, insofar as it imposed two further

conditions for release on bail, to be unconstitutional being

violative of Articles 14 and 21 of the Constitution. The two

conditions which have been mentioned as twin conditions

are:

(i) that there are reasonable grounds for believing that he is

not guilty of such offence; and

(ii) that he is not likely to commit any offence while on bail.

373. According to the petitioners, since the twin conditions

have been declared to be void and unconstitutional by this

Court, the same stood obliterated. To buttress this

argument, reliance has been placed on the dictum in State

of Manipur.

374. The first issue to be answered by us is: whether the

twin conditions, in law, continued to remain on the statute

book post decision of this Court in Nikesh Tarachand Shah

and if yes, in view of the amendment effected to Section

45(1) of the 2002 Act vide Act 13 of 2018, the declaration

by this Court will be of no consequence. This argument

need not detain us for long. We say so because the

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

34

observation in State of Manipur in paragraph 29 of the

judgment that owing to the declaration by a Court that the

statute is unconstitutional obliterates the statute entirely as

though it had never been passed, is contextual. In this

case, the Court was dealing with the efficacy of the

repealing Act. While doing so, the Court had adverted to

the repealing Act and made the stated observation in the

context of lack of legislative power. In the process of

reasoning, it did advert to the exposition in Behram

Khurshid Pesikaka and Deep Chand

7

including American

jurisprudence expounded in Cooley on Constitutional

Limitations and Norton v. Shelby County.”

40. Subsequently, the Hon’ble Apex Court in the case of

Tarun Kumar vs. Assistant Director Directorate of

Enforcement, (2023) SCC OnLine SC 1486 by taking into

consideration the law laid down by the Larger Bench of the

Hon’ble Apex Court in Vijay Madanlal Choudhary and

Ors. Vs. Union of India and Ors.(supra), has laid down

that since the conditions specified under Section 45 are

mandatory, they need to be complied with. The Court is

required to be satisfied that there are reasonable grounds

for believing that the accused is not guilty of such offence

and he is not likely to commit any offence while on bail.

It has further been observed that as per the statutory

presumption permitted under Section 24 of the Act, the

Court or the Authority is entitled to presume unless the

contrary is proved, that in any proceedings relating to

proceeds of crime under the Act, in the case of a person

charged with the offence of money laundering under Section

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

35

3, such proceeds of crime are involved in money laundering.

Such conditions enumerated in Section 45 of PML Act will

have to be complied with even in respect of an application

for bail made under Section 439 Cr. P.C. in view of the

overriding effect given to the PML Act over the other law for

the time being in force, under Section 71 of the PML Act.

For ready reference, paragraph-17 of the said judgment

reads as under:

“17. As well settled by now, the conditions specified under

Section 45 are mandatory. They need to be complied with.

The Court is required to be satisfied that there are

reasonable grounds for believing that the accused is not

guilty of such offence and he is not likely to commit any

offence while on bail. It is needless to say that as per the

statutory presumption permitted under Section 24 of the

Act, the Court or the Authority is entitled to presume unless

the contrary is proved, that in any proceedings relating to

proceeds of crime under the Act, in the case of a person

charged with the offence of money laundering under Section

3, such proceeds of crime are involved in money laundering.

Such conditions enumerated in Section 45 of PML Act will

have to be complied with even in respect of an application for

bail made under Section 439 Cr. P.C. in view of the

overriding effect given to the PML Act over the other law for

the time being in force, under Section 71 of the PML Act.”

41. The Hon’ble Apex Court in the said judgment has

further laid down that the twin conditions so as to fulfil the

requirement of Section 45 of the Act, 2002 before granting

the benefit of bail is to be adhered to which has been dealt

with by the Hon’ble Apex Court in Vijay Madanlal

Choudhary and Ors. Vs. Union of India and Ors.(supra)

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

36

wherein it has been observed that the accused is not guilty

of the offence and is not likely to commit any offence while

on bail.

42. In the judgment rendered by the Hon’ble Apex Court

in Vijay Madanlal Choudhary and Ors. Vs. Union of

India and Ors.(supra) as under paragraph-284 thereof, it

has been held that the Authority under the 2002 Act, is to

prosecute a person for offence of money-laundering only if it

has reason to believe, which is required to be recorded in

writing that the person is in possession of “proceeds of

crime”. Only if that belief is further supported by tangible

and credible evidence indicative of involvement of the person

concerned in any process or activity connected with the

proceeds of crime, action under the Act can be taken

forward for attachment and confiscation of proceeds of

crime and until vesting thereof in the Central Government,

such process initiated would be a standalone process.

So far as the issue of grant of bail under Section 45 of

the Act, 2002 is concerned, as has been referred

hereinabove, at paragraph-412 of the judgment rendered in

Vijay Madanlal Choudhary and Ors. Vs. Union of India

and Ors.(supra) it has been held therein by making

observation that whatever form the relief is couched

including the nature of proceedings, be it under Section 438

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

37

of the 1973 Code or for that matter, by invoking the

jurisdiction of the Constitutional Court, the underlying

principles and rigors of Section 45 of the 2002 must come

into play and without exception ought to be reckoned to

uphold the objectives of the 2002 Act, which is a special

legislation providing for stringent regulatory measures for

combating the menace of money-laundering.

43. The Hon’ble Apex Court in the case of Gautam

Kundu vs. Directorate of Enforcement (Prevention of

Money-Laundering Act), Government of India through

Manoj Kumar, Assistant Director, Eastern Region,

(2015) 16 SCC 1 has been pleased to hold at paragraph -30

that the conditions specified under Section 45 of PMLA are

mandatory and need to be complied with, which is further

strengthened by the provisions of Section 65 and also

Section 71 of PMLA. Section 65 requires that the provisions

of CrPC shall apply insofar as they are not inconsistent with

the provisions of this Act and Section 71 provides that the

provisions of PMLA shall have overriding effect

notwithstanding anything inconsistent therewith contained

in any other law for the time being in force. PMLA has an

overriding effect and the provisions of CrPC would apply

only if they are not inconsistent with the provisions of this

Act. Therefore, the conditions enumerated in Section 45 of

PMLA will have to be complied with even in respect of an

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

38

application for bail made under Section 439 CrPC. That

coupled with the provisions of Section 24 provides that

unless the contrary is proved, the authority or the Court

shall presume that proceeds of crime are involved in money-

laundering and the burden to prove that the proceeds of

crime are not involved, lies on the appellant. For ready

reference, paragraph-30 of the said judgment reads as

under:

“30. The conditions specified under Section 45 of PMLA

are mandatory and need to be complied with, which is

further strengthened by the provisions of Section 65 and

also Section 71 of PMLA. Section 65 requires that the

provisions of CrPC shall apply insofar as they are not

inconsistent with the provisions of this Act and Section 71

provides that the provisions of PMLA shall have overriding

effect notwithstanding anything inconsistent therewith

contained in any other law for the time being in force.

PMLA has an overriding effect and the provisions of CrPC

would apply only if they are not inconsistent with the

provisions of this Act. Therefore, the conditions

enumerated in Section 45 of PMLA will have to be

complied with even in respect of an application for bail

made under Section 439 CrPC. That coupled with the

provisions of Section 24 provides that unless the contrary

is proved, the authority or the Court shall presume that

proceeds of crime are involved in money-laundering and

the burden to prove that the proceeds of crime are not

involved, lies on the appellant.”

44. Now adverting into fact of the instant case and the

allegation leveled against the present petitioner which

according to learned counsel for the petitioner is being said

that the same cannot be said to attract the ingredient of

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

39

Section 3 of PMLA 2022 while on the other hand, the

learned counsel appearing for the ED has submitted by

referring to various paragraphs of prosecution complaint

that the offence is very much available attracting the offence

under provision of PML Act.

45. This Court, in order to appreciate the rival

submission, deems it fit and proper to refer various

paragraphs of prosecution complaint upon which the

reliance has been placed on behalf of both the parties,

needs to be referred herein so as to come to the conclusion

as to whether the parameter as fixed under Section 45(ii) of

the PMLA is being fulfilled in order to reach to the

conclusion that whether it is a fit case where anticipatory

bail is to be granted or not. Relevant paragraphs of

prosecution complaint are referred herein :

2.3 As per case diary 3941459 dt. 24.12.2019, Suresh

Prasad Verma in his statement before ACE claimed that the

cash amount seized belonged to Veerendra Kumar Ram,

then Chief Engineer, Subernrekha project and that his wife

Rajkumari used to visit the rented-out premises of Alok

Ranjan. Later, Alok Ranjan in his written submission to the

Superintendent of Police, ACB, Jamshedpur vide Letter no

3929 dt 30.12.2019 issued by Jail Superintendent,

Chaibasa, W. Singhbhum, Alok Ranjan stated that he used

to stay alone as a tenant in the first floor room rented out

by Smt. Pushpa Verma at the premises located at Dev Hari

Kunj, Anand Vihar Colony, Road No. 11. PS M.G.M.,

Jamshedpur and the room was furnished by Sh. S.P.

Verma including almirah from where the cash of Rs 2.67

crores was seized and Alok Ranjan also claimed that the

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

40

said cash amount seized belonged to S.P. Verma since he

used to visit Alok's rented premises at times and used

Almirah with the key in Verma's possession as and when

he needed. As per Alok Ranjan, the Almirah was even

accessed by SP Verma in Alok absence and on objecting,

S.P. Verma used to say that his personal belongings were

kept in the said almirah. Alok further claimed that he only

used the bed and kept his belongings in the trunk.

2.4 However, S.P. Verma and his family members claimed

that the said cash belongs to Veerendra Kumar Ram and

alleged that Veerendra Kumar Ram himself and his wife

Rajkumari used to visit Alok Ranjan at the rented premises

and Alok Ranjan is cousin of Veerendra Kumar Ram.

4.1.2 During the course of investigation, Suresh Prasad

Verma had also submitted a call recording vide email

dated 31.01.2022 between Kapil Dev Yadav, Pushpa

Verma and son of Suresh Prasad Verma In the said call

recording, Kapil Dev Yadav was confronted by Pushpa

Verma several times with the fact that Kapil Dev Yadav

brought Alok Ranjan, Veerendra Kumar Ram, Rajkumari

(wife of Veerendra Kumar Ram) and others for taking the

said portion of house at 1st floor on rent. Kapil Dev Yadav

did not deny the said fact in the said call recording.

7.1 EVIDENCES GATHERED DURING THE COURSE OF

SEARCH PROCEEDING U/S 17 OF THE PMLA WHICH

ESTABLISHES ALOK RANJAN’S ASSOCIATION WITH

VEERENDRA KUMAR RAMAND HIS INVOLVEMENT IN

THE PROCESS OF MONEY LAUNDERING

-----------------

In fact, during the course of post search investigation under

the PMLA, it is ascertained that Alok Ranjan used to go to

Delhi with Veerendra Kumar Ram during the year 2019.

Veerendra Kumar Ram himself in his statement dated

15.04.2023 has accepted that he used to go to Delhi during

2019 for the purpose of giving cash to one CA Mukesh

Mittal who used to provide him the entries in his bank

account held jointly with his wife Rajkumari and such cash

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

41

was acquired by Veerendra Kumar Ram from the

commission amount received by him in lieu of allotment of

tenders.

It is also gathered that many train tickets of Alok Ranjan

and VEERENDRA KUMAR RAM from Ranchi to Delhi, were

booked by Veerendra Kumar Ram through one travel agent

and the payment for which was done in cash by Veerendra

Kumar Ram.

Further statement of one contractor Rajesh Kumar, director

of M/s Rajesh Kumar construction Pvt Ltd and M/s

Parmanand Singh Builders Private limited was also

recorded u/s 50 of PMLA on 07.04.2023 wherein he stated

that on the day of search i.e. on 15.11.2019 conducted by

ACB Jamshedpur at the rented flat of Alok Ranjan, (house

owned by Pushpa Verma, wife of S.P. Verma), Veerendra

Kumar Ram called him and asked him to go to flat of Alok

Ranjan and also stated that his (Veerendra Kumar Ram's)

cash was kept at the flat of Alok Ranjan, but he could not

enter the flat as the police were there.

All such evidences, which will also be discussed in detail

in paras below, proves that Rs 2.67 crores found and

seized by ACB Jamshedpur from the possession of Alok

Ranjan was the ill earned money of Veerendra Kumar Ram

only.

7.1.1 Other evidences and findings of the

investigation are discussed below

The bank account statement of account no. 11008836933

in the name of Veerendra Kumar Ram (Accused no.1)

maintained with state bank of India was analyzed-----

When Alok Ranjan was asked to explain the source of such

cash deposited by him, he stated in his statement dated

24.02.2023, that this cash was handed over to him by

Veerendra Kumar Ram for depositing in the above-

mentioned bank account.

When Alok Ranjan was asked how many times and how

much cash has been given to him by Veerendra Kumar

Ram, he stated in his statement dated 24.02.2023, that he

has not received cash from Veerendra Kumar Ram apart

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

42

from the cash received by him for depositing the above-

mentioned account.-------

PROCEEDS OF CRIME IN POSSESSION OF ALOK

RANJAN

7.1.9 During the course of analysis of mobile phone

(iPhone 13 pro max with no 9431117311) of Veerendra

Kumar Ram, it was found that he had a chat with one

contractor Shri Anup Kumar Rai (9431301759) dated

03.02.2020 wherein Anoop Kumar Rai has sent Veerendra

Kumar Ram one message that "3 crore taken away by

Bablu Singh by fortuner” and also sent two vehicle detail

one of Innova JH 05 CC 1000 and other of Toyota Fortuner

bearing Registration no. JH0SCM1000, to Veerendra

Kumar Ram through WhatsApp. Further Anoop Kumar Rai

was summoned and statement of Anoop Kumar Rai, one of

the contractors for mechanical works, was recorded u/s 50

on 07.04.2023 wherein he was asked to explain the

context of said messages and, in reply to which, he stated

that he sent details of these two vehicles because he has

not seen any previous Chief Engineer using such high-end

vehicles so he just asked Veerendra Kumar Ram to be

cautious. Anup Kumar Rai further stated in his statement

dated 05.04.2023 that he is aware of the fact that

Veerendra Kumar Ram used to keep money at the

premises of Alok Ranjan where the search was conducted

on 15.11 2019 by ACB. He further stated in his statement

dated 07.04.2023 that there was a discussion in the office

of WRD Chandil Complex that Bablu (Rajesh Kumar was

found near the search premises on the date of the search ie

on 15.11.2019 conducted by ACB Jamshedpur at the

rented premise of Alok Ranjan and he had also taken

away two bags full of money from there. It is pertinent to

mention that both the said vehicles were found in the

possession of Veerendra Kumar Ram on the day of search

ie. 21/02/2023 and both these vehicles were frozen u/s

17(1-A) of the PMLA, 2002.

7.2 GENERATION OF PROCEEDS OF CRIME BY

VEERENDRA KUMAR RAM

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

43

7.2.2 Veerendra Kumar Ram was arrested on 23.02.2023

u/s 19 of PMLA for the commission of the offence of money

laundering as defined u/s 3 of PMLA and punishable u/s 4

of PMLA. Later he was se nt to Judicial custody and

currently is languishing in Hotwar Jail, Ranchi. During his

custodial interrogation, he disclosed that he was taking

bribes in the name of commission against the allotment of

tenders from the contractors. He further disclosed in his

statement dated 14.04.2023 that the commission amount

taken from the contractors is 3.2% of the total tender value

and that his share was 0.3% of the total tender value

which at some postings was higher than 0.3%. However,

given the total Proceeds of crime acquired by him, it is

believed that his percentage (%) in the commission bribe

must have been higher, as he himself stated in his

statement dated 15.04.2023 that his commission varied

from 03% to 1% of the tender value.

7.2.3 During the course of search on 21.02.2023 at the

residential premises of Veerendra Kumar Ram located at

447/A, 2nd Floor, Road No. 4, Ashok Nagar, Ranchi cash

amounting to Rs 7,82,500 was recovered and seized and

when Veerendra Kumar Ram was asked to explain the

source of the said cash, he stated in his statement dated

15.04.2023 that the said cash was the commission

received by him in lieu of allotment of tenders.

7.2.4 During the course of search on 21.02.2023 at the

Government residential premises of Sh. Veerendra Kumar

Ram, Bungalow No.CE/1. Road No. 7, CH. Area East, Near

Jubilee Park, Bistupur, Jamshedpur 831001, one Toyota

Innova Car having registration number JH-05-CC-1000

having registered owner M/s Rajesh Kumar Constructions

Pvt. Ltd (Director-Rajesh Kumar, as also discussed above

was recovered. Further, during the course of the search at

the residential premises of Smt Rajkumarı located at 4th

Floor, C-334, Opposite Dabra Park, Block C, Defence

Colony, New Delhi, one Toyota Fortuner Car having

registration number JHOSCM1000 and registered owner

M/s Parmanand Singh Builders Pvt Ltd was recovered. Mr.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

44

Rajesh Kumar is the director in both the companies namely

M/s Rajesh Kumar Constructions Pvt. Ltd and M/s

Parmanand Singh Builders Pvt Ltd. In this regard,

Veerendra Kumar Ram in his statement dated 24.02.2023

stated that during Covid period he was avoided travel via

flights and trains and so he required a four-wheeler to

reach Delhi. Therefore, he contacted Rajesh Kumar (one of

the contractors) who provided him the above-mentioned

Toyota Fortuner He further stated that since he returned by

train, therefore, the said vehicle remained in Delhi. Thus,

Fortuner was intentionally left in Delhi and story in relation

to avoid covid is afterthought to justify the act and such

vehicles were provided by Rajesh Kumar to Veerendra

Kumar Ram as Veerendra Kumar Ram has allotted many

tenders to the companies/firm of Rajesh Kumar, which he

later himself has disclosed in his statement dated

07.04.2023. Further, Veerendra Kumar Ram could not

explain the reason for using the above- mentioned Toyota

Innova for 2 years and stated that he was using this

vehicle for his official duty and he had even allotted a

tender to the company of Rajesh Kumar recently.

7.3.3 During further investigation it has also been found

that huge amounts have been received at the bank

accounts of wife and father of Veerendra Kumar Ram, first

in the joint account (2577257010412) of Rajkumari &

Veerendra Kumar Ram to the tune of Rs. 9.30 crore

approximately during the period FY 2014-15 to FY 2018-

19, and then by the account of his father Genda Ram to the

tune of Rs. 4.5 crores in a span of 31-32 days from

21/12/22 till 23/01/23, all these huge sums were

transferred from account of the employees/relatives of one

Delhi based CA Mukesh Mittal, these accounts are only

opened for accommodating the funds and laundering the

illicit money of V K Ram.

7.4.3 As it is evident from the above analysis of the

account statement that the majority of the funds were

credited into the joint bank account of Veerendra Kumar

Ram and Raj Kumari, from the two firms named RK

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

45

Investments and Consultancy and RP Investment and

Consultancy Search u/s 17 of the PMLA was conducted at

the residence of Rakesh Kumar Kedia and Reena Pal and

the Statements of Reena Pal and Rakesh Kumar Kedia

were recorded u/s 17 of PMLA on 21.02.2023 wherein

Beena Pal denied having any firm existing in her name or

any bank account operating in the name of such firm. She

simply stated that her husband Vijay Pal handles all her

financial dealings whereas Rakesh Kumar Kedia in his

statement dated 21.02.2023stated that Mukesh Mittal, his

relative, is handling all his financial dealings Rakesh

Kumar Kedia further stated that he is not aware about

existence of any firm in his name and simply stated that he

was paid an amount in lieu of giving consent to operate his

account. Vijay Pal, an employee of CA Mukesh Mittal,

further stated in his statement dated 29.03.2023 that he

helped Rakesh Kumar Kedia to open two bank accounts in

his name and also opened a/c in the name of his wife

Reena Pal. He also stated that he opened the firm M/s RP

Investment and Consultancy and bank account in its name

at the instruction of Mukesh Mittal such bank accounts

were used by CA Mukesh Mittal and not by the respective

account holders. He also stated that he knows Veerendra

Kumar Ram as his men used to bring cash to the office of

Mukesh Mittal.

FUND RECEIVED IN THE BANK ACCOUNTIA/C-

127000628767) OF GENDA RAM (DOB 04.05.1941,

PAN ACNPR4525L)

7.4.10 during scrutiny of the bank accounts of Rakesh

Kumar Kedia, the aforementioned bank account of Genda

Ram (father of Veerendra Kumar Ram and also uncle of

accused Alok Ranjan) surfaced which we opened on

12.12.2022 and the account received high valued funds As

the bank accounts of Rakesh Kumar Kedia. Further

investigation revealed that huge wars has been received in

the thank account of Genda Ram recently in 30 days anil

same was used in purchasing an immovable property at

Land measuring 2 bigha, 8 biswa comprised to Khasra No

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

46

770 Min (1-06)778 Min (1-2) with all the amenities situated

in village satbari known as E-8 Satbari Ansal, Tehsil

Saket, New Delhi.

7.4.12-----

Thus, it is found that a total of Rs 4.435 crores, transferred

from bank account of Rakesh Kumar Kedia, Manish, Neha

Shrestha and Genda Ram a/ no 110089477752) into the

bank a/c of Genda Ram 127000628767) and out of this

sum of Rs. 4.43 crores, a sum of Rs. 3.39 crores was

funded from three proprietorship bank accounts, namely (i)

Shri Khatushyam Traders (079205500560), (ii) Anil Kumar

Govind Ram Traders and (082705001671) (iii) Om Traders

(072405001740) & Rs 13 lakhs from one bank account of

Tarachand. All these bank a/c of three proprietorship are

being maintained in ICICI Bank which are all operating

under a single proprietor named, Sachin Gupta, s/o

Ashrafi Lal Gupta Strangely enough, the proprietor Sachin

Gupta has submitted three different PAN details in these

three of his proprietorship firms and never filed Income Tas

Return till date (later in was found that Tara Chand and

Sachin Gupta are the same person). The rest source of Rs.

91 lakhs are as follows Rs. 48.75 lakhs were transferred

through the Canara bank account of Mukesh Mittal

(2577101050981), Rs. 18:00 lakhs transferred from Axis

Bank Account (922020004021785) of Jamidara Trading

which was also found to be non-existing on field

verification, Rs. 10 lakhs transferred from ICICI bank

account (425405000759) of Oyecool Technologies (Prop.

Harish Yadav) a/c ICICI Bank 425405000759, Rs9.99

lakhs from Krishna Enterprise (Equitas Small Finance

Bank, 200000747964) and Rs 45 lakh from Decent

Traders (Equitas Small Finance Bank, 200001383885).

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

47

8. Brief detail of persons examined Under Section 17

& 50 of PMLA:

During the course of search and investigation, statements

of several persons were recorded under the provisions of

PMLA. The gist of the statements relevant to this

investigation is as under: -

8.1 Veerendra Kumar Ram (Accused No. 1):

Veerendra Kumar Ram (Accused No. 1) is a chief engineer

in Rural Department Special Zone and also in an additional

charge of Rural Works Department. In his statement

recorded u/s 50 of PMLA during custodial interrogation

and in judicial custody on different dates wherein he

interalia accepted that commission was taken in lieu of

allotment of tenders and that the total commission was

3.2% of tender value and that his share of commission was

0.3% of the total tender amount which varies from 0.3% to

1%. He admitted that he acquired two immovable

properties in Delhi in the name of his wife Rajkumari and

one immovable property in Delhi in the name of his father

Genda Ram out of the commission amount against

allotment of tenders. He and his family were also found in

the possession of jewellery worth Rs. 1,51,60,982/-,

expenses incurred on overseas education of his children

were Rs. 1.25 crores and cash of Rs. 19,45,100/- which

were also acquired from the commission amount. He was

also found in the possession of three vehicles in the name

of contractors/companies which were under the use of

Veerendra Kumar Ram and his family about which he

could not explain satisfactorily. He along with his family

were having lavish lifestyle and he accepted that all the

expenses have been incurred by him through commission

amount received by him against allotment of tenders.

Further, in his statement he accepted that the cash

deposits in his bank accounts and in the bank accounts of

his family members, 3 immovable properties in Delhi, 4

luxury cars, jewellery, cash seized from him and his family

members during the course of search of 21.02.2023 are out

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

48

of the commission received by him against allotment of

tenders.

8.2 Genda Ram (Accused No. 4): Genda Ram is father of

Veerendra Kumar Ram who is a retired school teacher and

is aged about more than 82 years. Statement of Genda

Ram was recorded u/s 17 of PMLA on 21.02.2023 wherein

he stated that his son could explain the transactions

executed in his Canara Bank account and he was unaware

of any properties purchased in his name. However, his

signatures were found on all the cheques that were used to

purchase the property located at E-8, SatbariAnsal, New

Delhi.

8.3 Ayush Rapson: Ayush Rapson is son of Veerendra

Kumar Ram and his statement was recorded u/s 50 on

31.03.2023 and 01.04.2023 wherein he stated that Rs.

56.21 lakhs cash deposit in his bank account

017101527226 since last 5 financial years was made by

his father. He also has one Audi and one Fortuner in his

name but he could not explain the source of such income.

He has also stated that his father Veerendra Kumar Ram

has arranged payment of a sum of Rs. 13,51,958/- for him.

8.4 Mukesh Mittal: Mukesh Mittal is a Delhi based

Chartered Accountant of Veerendra Kumar Ram who

managed to provide the fake business entries in the bank

account of Genda Ram. His statement was recorded u/s 17

on 21.02.2023 and u/s 50 on 29.03.2023 and 30.03.2023

wherein he stated that Veerendra Kumar Ram approached

him around 6 months ago to route his ancestral money

which was actually the commission money of about Rs. 5

crores to the account of his father Genda Ram to purchase

a farm house in Delhi. Later, Mukesh Mittal later arranged

the routing of the said Rs. 5 crores into the bank account of

Genda Ram.

11. Role of Accused in offence of money laundering

under Section 3 of PMLA, 2002

11.1 Accused No. 1-Veerendra Kumar Ram

A) Shri Veerendra Kumar Ram is a Government Employee

posted as Chief Engineer in Rural development Special

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

49

Zone and Rural Works Department, both under Govt. of

Jharkhand.

b) He acquired huge movable and immovable assets by

misusing his official position. He used to take commission

for every tender work allotted thereby directly involved in

generation of proceeds of crime.

c) He acquired the ill-gotten funds or the proceeds of crime

and arranged routing to the bank accounts of his family

members and further used those funds in acquiring

immovable and movable properties in their name thus

projecting untainted money as tainted.

d) Veerendra Kumar Ram and his family is also found to be

living a luxurious lifestyle which is not possible with the

salary income of Veerendra Kumar Ram who was the only

the earning member of his family. Although, his father gets

pension that is in no way can support even part of the

lavish lifestyle their family was having. Therefore, he was

directly involved in the use, possession and the acquisition

of proceeds of crime generated by the commission.

e) During investigation, the claim of Veerendra Kumar Ram

as his fixed commission percentage of 0.3% was found

misleading and alter in his own statement he admitted that

his commission varied from 0.3% to 1% of tender value. A

contractor named Mahendra Gope stated that he usually

had a percentage of 10%, a contractor Rajesh Kumar

stated that he had paid him commission not below 3% of

the tender amount and further one contractor stated that

he had to pay commission of 14% to Veerendra Kumar

Ram. Apart from the commission, Veerendra Kumar Ram

and his wife Rajkumari also availed various facilities and

vehicles from the contractors which was further proved

from the three vehicles frozen registered in the name of

contractors/companies. Various contractors have stated

that they frequently receive calls from the Rajkumari and

Veerendra Kumar Ram to provide vehicles and other

facilities to her.

f) The claim of Veerendra Kumar Ram with regard to

securing loan from contractors named Rajesh Kumar

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

50

Megotia, MahendraGope and Ajeet Singh was also found

misleading as two of these contractors have simply denied

of giving loans to him and even one contractor Mahendra

Gope stated that he used to safekeep the commission

money on the instructions of Veerendra Kumar Ram.

g) Therefore, Accused No. 1 i.e. Veerendra Kumar Ram has

directly indulged in the process of acquisition, possession,

use and concealment to the tune of at least Rs

48,94,10,877/- by receiving the said Rs 48,94,10,877

crores from the Commission/ bribe amount by misusing his

post while working and posted in different capacity at

Rural Development (Special Zone) and Rural Works

Department, Government of Jharkhand. He was also found

to be directly indulged in projecting the Delhi based

immovable properties (mentioned at Sr no 1 of table of para

9) to the tune of Rs.38.8 crores and his 3 vehicles

(mentioned at Sr no 2 of table of para 9) in the name of his

wife Rajkumari and son Ayush Rapson to the tune of

Rs1.27 crores approx., as untainted property by routing the

same from Delhi based accounts. Further he also projected

cash deposits in the bank accounts of his family members

as untainted by filing ITRs and showing income from cash

sales of vegetables etc. which found to be just a tool to

project his tainted money as untainted.

h) Hence, Veerendra Kumar Ram had directly indulged,

knowingly is as party and is actually involved in all the

activities connected with the offence of money laundering,

ie, use or acquisition, possession, concealment, and

projecting or claiming as untainted property, as defined

u/s 3 of PMLA, 2002. Therefore, Veerendra Kumar Ram is

guilty of the offence of money laundering u/s 3 of PMLA,

2002 and punishable under section 4 of PMLA.

11.3 Accused No. 3- Rajkumari (wife of Veerendra

Kumar Ram)

On perusal bank account statements of Rajkumari bearing

account number 2577101052100, it is seen that there is

credit of Rs 9.90,000 from M/s RP Investment and

Consultancy and Re 4,00,000 from Manoj Kumar Singh.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

51

Further, it is also seen from the statement of bank account

no 2577257010412 in her name that there are credits of

Rs 5,70,49,910.00 from M/s RK Investment and

consultancy and Rs 3,59,72,230.00 from M/s RP

Investment and Consultancy, Veerendra Kumar Ram has

admitted in his statement that these credits are out of the

entries received in the sand accounts against cash, the

source of which was the commission received by Veerendra

Kumar Ram. Out of this sum credit of Rs.9.3 crores approx.

in her bank a/c (2577257010412) Rajkuma ri purchased

immovable properties at Saket, New Delhi and another one

in Defence Colony, New Delhi in her name to the tune of Rs

1.72 Crores (additional cash of Rs.3.2 crores and Rs. 5

crores (additional cash of Rs.6.3 crores respectively which

was actually the proceeds of crime generated by Veerendra

Kumar Ram which subsequently were routed to her bank

account and further paid through the banking channel to

the respective first part thereby projecting the untainted

money as tainted. She also used to live a lavish lifestyle

which also got confirmed from the statements of various

contractors. It was also established that Rs. 3.28 crores

and Rs. 6.3 crores were directly given in cash for the afore

stated properties

(b) Hence, Rajkumari has directly indulged in the process

of possession, concealment, & use of proceeds of crime to

the tune of at least Rs 19.02 crores and also knowingly

assisted Veerendra Kumar Ram in projecting the same as

untainted. Hence, the accused person Rajkumari has

committed the offence of Money Laundering as defined

under section 3 of PMLA and is, therefore, liable to be

punished under section 4 of PMLA, 2002.

11.4 Accused No. 4 - Genda Ram

a) Genda Eam is father of Veerendra Kumar Ram and is a

retired school teacher who receives pension to the tune of

less than Rs. 25,000/- per month. He knowingly assisted

his son to purchase immovable properties at Chhatarpur,

New Delhi in his own name Le. Genda Ram to the tune of

Rs 22.5 Crore (Rs 4 crore from bank channel and Rs.18.5

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

52

crores cash from the commission/bribe amount, which was

acquired by his son Veerendra Kumar Ram (accused

number 1). He used to sign the blank cheques which

subsequently reached Mukesh Mittal through Alok Ranjan

(Accused No. 4) which were later used in crediting the

funds into the bank accounts of Preeti Singh thereby

knowingly assisting in the process or activity connected

with the proceeds of crime. Further, he had only used

around Rs. 4.5 crores through banking channel and rest

were paid directly in cash to the first party thereby is

directly a party in concealment of proceeds of crime.

b) From the bank account statements of Gerda Ram

maintained with Canara Bank as explained above, it is

seen that there are credits to the tune of Rs 4.525 crores

and Veerendra Kumur Ram has admitted in his statement

that the same are out of the commission received by him.

c) Hence, Genda Ram has directly indulged in the process

or activities of possess, concealment, & use of proceeds of

crime to the tune of at least Rs 22.5 crores. Hence, the

accused person Genda Ram has committed the offence of

Muney Laundering as defined under section 3 of PMLA and

is, therefore, liable to be punished under section 4 of PMLA,

2002.

46. It is evident from the prosecution complaint that the

petitioner namely, Rajkumari, is the wife of prime accused

Veerendra Kumar Ram and on perusal bank account

statements of the petitioner it is seen that there are huge

credits in her bank accounts from M/s RP Investment and

Consultancy, Manoj Kumar Singh and M/s RK Investment

& Consultancy. The co-accused Veerendra Kumar Ram has

admitted in his statement that these credits are out of the

entries received in the said accounts against cash, the

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

53

source of which was the commission received by Veerendra

Kumar Ram. The petitioner has purchased immovable

properties at Saket and Defence Colony, New Delhi, in her

name and the purchase consideration is paid from the

proceeds of crime generated by the co-accused Veerendra

Kumar Ram. The petitioner knowingly tried to directly

conceal the proceeds of crime acquired by her husband and

claimed it to be untainted in the guise of taking entries in

her bank accounts from the companies providing entries by

charging commission.

47. Thus, it prima-facie appears that the petitioner

knowingly assisted to her husband who is co-accused to

purchase immovable properties at New Delhi in her name

and the purchase consideration was paid from the proceeds

of crime generated by her husband Veerendra Kumar Ram.

The petitioner knowingly tried to directly conceal the

proceeds of crime acquired by her husband and claimed it

to be untainted in the guise of taking entries in her bank

accounts from the companies providing entries by charging

commission. The materials on record reflects that bank

account statements of the petitioner, there are huge credits

from M/s RP Investment and Consultancy, Manoj Kumar

Singh and M/s RK Investment & Consultancy. The co-

accused Veerendra Kumar Ram has admitted in his

statement under section 50 of PML Act 2002 that these

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

54

credits are out of the entries received in the said accounts

against cash, the source of which was the commission

received to him. There are materials against the present

petitioner regarding her specific role in the offence which is

mentioned at Para-11.3 of the prosecution complaint that

she committed the offence of money laundering with respect

to the proceeds of crime.

48. The petitioner namely Genda Ram is the father of

prime accused Veerendra Kumar Ram a nd he knowingly

assisted his son to purchase immovable properties at

Chhatarpur, New Delhi in his own name i.e. Genda Ram, to

the tune of Rs 22.5 Crore from the commission/bribe

amount, which was acquired by his son Veerendra Kumar

Ram (A-1). Further, the bank account statements of the

petitioner it is seen that there are huge credits in his bank

accounts to the tune of Rs 4.525 crores and the co-accused

Veerendra Kumar Ram has admitted in his statement that

these credits are out of the entries received in the said

accounts against cash, the source of which was the

commission received by Veerendra Kumar Ram. It is

submitted that the petitioner knowingly tried to directly

conceal the proceeds of crime acquired by his son and

claimed it to be untainted in the guise of taking entries from

the companies providing entries by charging commission.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

55

49. Thus, prima-facie, it appears that the petitioner

knowingly assisted his son who is co-accused to purchase

immovable properties at New Delhi in his own name to the

tune of Rs 22.5 Crore from the commission/bribe amount,

which was acquired by his son Veerendra Kumar Ram.

Further, the bank account statements of the petitioner

reflect huge credits to the tune of Rs 4.525 crores. There are

materials against the petitioner regarding his specific role in

the offence which is mentioned in Para-11.4 of the

prosecution complaint that he committed the offence of

money laundering with respect to the proceeds of crime.

50. It is pertinent to mention here that this Court is

dealing herein with the petition of pre-arrest bail which is to

be granted in exercise of power conferred under Section 438

of Cr.P.C. The law is well settled so far as the consideration

of the prayer of the pre-arrest bail is concerned, what is the

requirement to be looked into for the purpose of granting

the said benefit.

51. It has been settled by Hon’ble Apex Court time and

again in its various pronouncements that the powers under

Section 438 Cr.P.C., is of extra-ordinary character and must

be exercised sparingly in exceptional cases only and

therefore, the anticipatory bail can be granted only in

exceptional circumstances where the court is prima facie of

the view that the applicant has falsely been implicated in

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

56

the crime, as grant of anticipatory bail to some extent, is

interference in the sphere of investigation of an offence and

hence, the court must be cautious while exercising such

powers.

52. It is also settled connotation of law that the grant or

refusal of the application should necessarily depend on the

facts and circumstance of each case and there is no hard

and fast rule and no inflexible principles governing such

exercise by the Court.

53. It is pertinent to mention here that the law on grant

of anticipatory bail has been summed up by the Hon’ble

Apex Court in Siddharam Satlinappa Mhetre vs. state of

Maharashtra & Ors. reported in (2011)1 SCC 694 after

due deliberation on the parameters as evolved by the

Constitution Bench in Gurubaksh Singh Sibbia vs. State

of Punjab reported in (1980) 2 SCC 565. The relevant

paragraphs of the said judgment as rendered by the Hon’ble

Apex Court is being quoted hereunder:-

“111. No inflexible guidelines or straitjacket formula can

be provided for grant or refusal of anticipatory bail. We

are clearly of the view that no attempt should be made to

provide rigid and inflexible guidelines in this respect

because all circumstances and situations of future cannot

be clearly visualised for the grant or refusal of

anticipatory bail. In consonance with the legislative

intention the grant or refusal of anticipatory bail should

necessarily depend on the facts and circumstances of

each case. As aptly observed in the Constitution Bench

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

57

decision in Sibbia case [(1980) 2 SCC 565 : 1980 SCC

(Cri) 465] that the High Court or the Court of Session has

to exercise their jurisdiction under Section 438 CrPC by a

wise and careful use of their discretion which by their

long training and experience they are ideally suited to do.

In any event, this is the legislative mandate which we are

bound to respect and honour.

112. The following factors and parameters can be taken

into consideration while dealing with the anticipatory bail:

(i) The nature and gravity of the accusation and the exact

role of the accused must be properly comprehended

before arrest is made;

(ii) The antecedents of the applicant including the fact as

to whether the accused has previously undergone

imprisonment on conviction by a court in respect of any

cognizable offence;

(iii) The possibility of the applicant to flee from justice;

(iv) The possibility of the accused's likelihood to repeat

similar or other offences;

(v) Where the accusations have been made only with the

object of injuring or humiliating the applicant by arresting

him or her;

(vi) Impact of grant of anticipatory bail particularly in

cases of large magnitude affecting a very large number of

people;

(vii) The courts must evaluate the entire available material

against the accused very carefully. The court must also

clearly comprehend the exact role of the accused in the

case. The cases in which the accused is implicated with

the help of Sections 34 and 149 of the Penal Code, 1860

the court should consider with even greater care and

caution because overimplication in the cases is a matter

of common knowledge and concern;

(viii) While considering the prayer for grant of anticipatory

bail, a balance has to be struck between two factors,

namely, no prejudice should be caused to the free, fair

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

58

and full investigation and there should be prevention of

harassment, humiliation and unjustified detention of the

accused;

(ix) The court to consider reasonable apprehension of

tampering of the witness or apprehension of threat to the

complainant;

(x) Frivolity in prosecution should always be considered

and it is only the element of genuineness that shall have

to be considered in the matter of grant of bail and in the

event of there being some doubt as to the genuineness of

the prosecution, in the normal course of events, the

accused is entitled to an order of bail.

114. These are some of the factors which should be taken

into consideration while deciding the anticipatory bail

applications. These factors are by no means exhaustive

but they are only illustrative in nature because it is

difficult to clearly visualise all situations and

circumstances in which a person may pray for

anticipatory bail. If a wise discretion is exercised by the

Judge concerned, after consideration of the entire

material on record then most of the grievances in favour

of grant of or refusal of bail will be taken care of. The

legislature in its wisdom has entrusted the power to

exercise this jurisdiction only to the Judges of the

superior courts. In consonance with the legislative

intention we should accept the fact that the discretion

would be properly exercised. In any event, the option of

approaching the superior court against the Court of

Session or the High Court is always available.”

54. In Sushila Aggarwal v. State (NCT of Delhi)

reported in (2020) 5 SCC 1 the Constitution Bench of the

Hon’ble Apex Court has reiterated that while deciding

applications for anticipatory bail, Courts should be guided

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

59

by factors like the nature and gravity of the offences and the

role attributed to the applicant and the facts of the case.

55. The Hon’ble Supreme Court, in catena of decisions, has

categorically held that the judicial discretion of the Court

while considering the anticipatory bail shall be guided by

various relevant factors and largely it will depend upon the

facts and circumstances of each case. Reference in this

regard may be taken from the judgment rendered by the

Hon’ble Apex Court in the case of Central Bureau of

Investigation Vs Santosh Krnani and Another reported

in 2023 SCC OnLine SC 427. For ready reference the

relevant paragraph of the aforesaid judgment is being

quoted herein under:

“24. The time-tested principles are that no straitjacket

formula can be applied for grant or refusal of anticipatory

bail. The judicial discretion of the Court shall be guided

by various relevant factors and largely it will depend upon

the facts and circumstances of each case. The Court must

draw a delicate balance between liberty of an individual

as guaranteed under Article 21 of the Constitution and

the need for a fair and free investigation, which must be

taken to its logical conclusion. Arrest has devastating and

irreversible social stigma, humiliation, insult, mental pain

and other fearful consequences. Regardless thereto, when

the Court, on consideration of material information

gathered by the Investigating Agency, is prima facie

satisfied that there is something more than a mere needle

of suspicion against the accused, it cannot jeopardise the

investigation, more so when the allegations are grave in

nature.”

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

60

56. Further, it is evident by taking into consideration the

provision of Section 19(1), 45(1), 45(2), the conditions which

is required to be considered while granting the benefit of

bail in exercise of power conferred under Section 438 or 439

of Cr.P.C., apart from the twin conditions which has been

provided under Section 45(1) of the Act, 2002, the

conditions or the requirement which has been followed

while granting the bail under Section 439 or 438, as the

case may be, is required to be considered.

57. The Larger Bench of the Hon'ble Apex Court in Vijay

Madanlal Choudhary and Ors. Vs. Union of India and

Ors.(supra) has taken into consideration while dealing with

the issue of anticipatory bail by taking aid of the judgement

rendered by the Hon'ble Apex Court in P. Chidambaram

vs. Directorate of Enforcement, (2019) 9 SCC 24 wherein

it has been observed at paragraph-409 which reads as

under:

“409. In P. Chidambaram, this Court observed that the

power of anticipatory bail should be sparingly exercised in

economic offences and held thus:

“77. After referring to Siddharam Satlingappa Mhetre and

other judgments and observing that anticipatory bail can

be granted only in exceptional circumstances, in Jai

Prakash Singh v. State of Bihar, the Supreme Court held

as under : (SCC p.386, para 19)

“19. Parameters for grant of anticipatory bail in a serious

offence are required to be satisfied and further while

granting such relief, the court must record the reasons

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

61

therefor. Anticipatory bail can be granted only in

exceptional circumstances where the court is prima facie

of the view that the applicant has falsely been enroped in

the crime and would not misuse his liberty. (See D.K.

Ganesh Babu v. P.T. Manokaran, State of Maharashtra v.

Mohd. Sajid Husain Mohd. S. Husain and Union of India

v. Padam Narain Aggarwal)

Economic Offences

78. Power under Section 438 CrPC being an extraordinary

remedy, has to be exercised sparingly; more so, in cases

of economic offences. Economic offences stand as a

different class as they affect the economic fabric of the

society. In Directorate of Enforcement v. Ashok Kumar

Jain, it was held that in economic offences, the accused is

not entitled to anticipatory bail.

83. Grant of anticipatory bail at the stage of

investigation may frustrate the investigating agency

in interrogating the accused and in collecting the

useful information and also the materials which might

have been concealed. Success in such interrogation

would elude if the accused knows that he is protected

by the order of the court. Grant of anticipatory bail,

particularly in economic offences would definitely

hamper the effective investigation. Having regard to

the materials said to have been collected by the

respondent Enforcement Directorate and considering the

stage of the investigation, we are of the view that it is not

a fit case to grant anticipatory bail.

84. In a case of money-laundering where it involves

many stages of “placement”, “layering i.e. funds

moved to other institutions to conceal origin” and

“interrogation i.e. funds used to acquire various

assets”, it requires systematic and analysed

investigation which would be of great advantage. As

held in Anil Sharma, success in such interrogation

would elude if the accused knows that he is protected

by a pre-arrest bail order. Section 438 CrPC is to be

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

62

invoked only in exceptional cases where the case

alleged is frivolous or groundless. In the case in hand,

there are allegations of laundering the proceeds of the

crime. The Enforcement Directorate claims to have certain

specific inputs from various sources, including overseas

banks. Letter rogatory is also said to have been issued

and some response have been received by the

Department. Having regard to the nature of allegations

and the stage of the investigation, in our view, the

investigating agency has to be given sufficient freedom in

the process of investigation. Though we do not endorse

the approach of the learned Single Judge in extracting the

note produced by the Enforcement Directorate, we do not

find any ground warranting interference with the

impugned order. Considering the facts and circumstances

of the case, in our view, grant of anticipatory bail to the

appellant will hamper the investigation and this is not a

fit case for exercise of discretion to grant anticipatory bail

to the appellant.” (emphasis supplied)

58. It is evident from the reference so made in the case

of P. Chidambaram vs. Directorate of Enforcement

(supra) which has been taken note by the Hon'ble Apex

Court in Vijay Madanlal Choudhary and Ors. Vs. Union

of India and Ors. (supra) taking the principle to be applied

for consideration of pre-arrest bail under Section 438 of

Cr.P.C. in the matter of economic offence has also been

dealt with at paragraph-84 of the aforesaid judgment. The

specific condition has been made in the case of money

laundering where it involves many stages of “placement”,

“layering i.e. funds moved to other institutions to conceal

origin” and “interrogation i.e. funds used to acquire various

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

63

assets”, it requires systematic and analysed investigation

which would be of great advantage.

59. The Hon'ble Apex Court by making reference of the

judgment rendered by the Hon'ble Apex Court in State rep.

by the CBI vs. Anil Sharma, (1997) 7 SCC 187, has been

pleased to hold that success in such interrogation would

elude if the accused knows that he is protected by a pre-

arrest bail order. Section 438 CrPC is to be invoked only in

exceptional cases where the case alleged is frivolous or

groundless.

60. Now coming to the facts of instant case, this Court,

based upon the imputations as referred in preceding

paragraphs which has been discovered in course of

investigation, is of prima-facie view that what has been

argued on behalf of the learned counsel for the petitioner

that proceeds cannot be said to be proceeds of crime but as

would appear from the imputations , money which has been

obtained by the accused person Veerendra Kumar Ram has

been obtained in the form of the commission and same was

utilized and concealed by the petitioners despite knowing

that it is the proceeds of crime.

61. The foremost argument as made by the learned

counsel for the petitioners that according to the proviso to

section 45(1) PMLA, the twin conditions of section 45 PMLA

are not applicable to the petitioners as one of the petitioners

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

64

namely Rajkumari is a woman and another petitioner

namely Genda Ram is the sick person.

62. In the aforesaid context it will be profitable to

discuss the first proviso to Section 45 of the PMLA, which

reads as under:—

“45. Offences to be cognizable and non-bailable. - (1)

…………………………..

Provided that a person who is under the age of sixteen

years or is a woman or is sick or infirm [or is accused

either on his own or along with other co-accused of money-

laundering a sum of less than one crore rupees], may be

released on bail, if the special court so directs:”

63. From bare perusal of the aforesaid proviso, it is

evident that the use of the expression “may be” in the first

proviso to Section 45 clearly indicates that the benefit of the

said proviso to the category of persons mentioned therein

may be extended at the discretion of the Court after

considering the facts and circumstances of each case, and

could not be construed as a mandatory or obligatory on the

part of the Court to release them. There is no doubt that the

courts should be more sensitive and sympathetic towards

the category of persons included in the first proviso to

Section 45 and similar provisions in the other Acts but the

extent of involvement of the persons falling in such category

in the alleged offences, the nature of evidence collected by

the investigating agency etc., would be material

considerations.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

65

64. It is pertinent to mention here that the similar

provision for granting bail to the category of persons below

the age of sixteen years, women, sick or infirm has been

stipulated in Section 437 of Criminal Procedure Code and

many other special enactments also, but if such provision

be construed as an obligatory or mandatory in nature, then

all serious offences under such special Acts would be

committed involving women and persons of tender age

below 16 years.

65. Recently, a Three-Judge Bench of the Hon’ble Apex

court in the case of Enforcement Directorate v. Preeti

Chandra has observed in the order dated 04.08.2023 in

SLP (Crl.) No. 7409 of 2023 as under: —

“The proviso to Section 45 of the Prevention of Money

Laundering Act, 2002 confers a discretion on the Court to

grant bail where the accused is a woman. Similar

provisions of Section 437 of the Criminal Procedure

Code, 1973 have been interpreted by this Court to mean

that the statutory provision does not mean that person

specified in the first proviso to sub-section (1) of Section

437 should necessarily be released on bail. (See Prahlad

Singh Bhati v. NCT, Delhi (2001) 4 SCC 280).”

66. Further, the Hon’ble Apex Court in the case of

Saumya Chaurasia v. Director of Enforcement, 2023

SCC OnLine 1674 has categorically held that first proviso

to Section 45 clearly indicates that the benefit of the said

proviso to the category of persons mentioned therein may

be extended at the discretion of the Court considering the

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

66

facts and circumstances of each case, and could not be

construed as a mandatory or obligatory on the part of the

Court to release them. For ready reference the relevant

paragraph of aforesaid judgment is quoted as under:

“24. The use of the expression “may be” in the first

proviso to Section 45 clearly indicates that the benefit of

the said proviso to the category of persons mentioned

therein may be extended at the discretion of the Court

considering the facts and circumstances of each case,

and could not be construed as a mandatory or obligatory

on the part of the Court to release them. Similar

benevolent provision for granting bail to the category of

persons below the age of sixteen years, women, sick or

infirm has been made in Section 437 Cr. P.C. and many

other special enactments also, however by no stretch of

imagination could such provision be construed as

obligatory or mandatory in nature, otherwise all serious

offences under such special Acts would be committed

involving women and persons of tender age below 16

years. No doubt the courts need to be more sensitive and

sympathetic towards the category of persons included in

the first proviso to Section 45 and similar provisions in

the other Acts, as the persons of tender age and women

who are likely to be more vulnerable, may sometimes be

misused by the unscrupulous elements and made

scapegoats for committing such Crimes, nonetheless, the

courts also should not be oblivious to the fact that

nowadays the educated and well placed women in the

society engage themselves in the commercial ventures

and enterprises, and advertently or inadvertently engage

themselves in the illegal activities. In essence, the courts

should exercise the discretion judiciously using their

prudence, while granting the benefit of the first proviso

to Section 45 PMLA to the category of persons mentioned

therein. The extent of involvement of the persons falling

in such category in the alleged offences, the nature of

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

67

evidence collected by the investigating agency etc., would

be material considerations.

67. In the instant case as discussed hereinabove, there

is sufficient evidence collected by the respondent

Enforcement Directorate to prima facie come to the

conclusion that the petitioners were actively involved in the

offence of Money Laundering as defined in Section 3 of the

PMLA. As against that there is nothing on record to satisfy

the conscience of the Court that the petitioners are not

guilty of the said offence and the special benefit as

contemplated in the proviso to Section 45 should be granted

to the petitioners who are the lady and sick person

respectively.

68. Thus, on the basis of aforesaid discussion the Court

does not find any substance in the submission of the

learned counsel for the petitioners.

69. This Court, in view of the aforesaid material

available against the petitioners, is of the view that in such

a grave nature of offence, which is available on the face of

the material, applying the principle of grant of anticipatory

bail wherein the principle of having prima facie case is to be

followed, this Court is of the view that the nature of

allegation since is grave and as such, it is not a fit case of

grant of anticipatory bail.

A.B.A. No. 7842 of 2023

With

A.B.A. No. 7821 of 2023

68

70. Accordingly, based upon the aforesaid discussion,

this Court is of the view that the instant applications are fit

to be dismissed and as such, stand dismissed.

71. Consequently, pending interlocutory application(s), if

any, also stand(s) disposed of.

72. However, it is made clear that the aforesaid findings

are restricted only for the purpose of grant of anticipatory

bail to the appellants and the trial court shall not be

influenced by these observations during trial.

(Sujit Narayan Prasad, J.)

Birendra/A.F.R.

Reference cases

Description

Legal Notes

Add a Note....