ANI
New Delhi: The Supreme Court has prolonged the interim bail for AAP leader Satyendar Jain in an ongoing money laundering case, providing relief until further orders. Let's dive into the details of the court proceedings and the arguments put forth by Jain's legal representatives.
In a recent development, the Supreme Court bench of Justice Bela M. Trivedi and Justice Satish Chandra Sharma decided to extend Satyendar Jain's interim bail until further directives. The decision followed detailed arguments presented by Senior Advocate Abhishek Manu Singhvi, representing Jain, who subsequently sought an adjournment. The case is scheduled for listing tomorrow.
Singhvi emphasised Jain's cooperation in the case, asserting the absence of a predicate offence against the former minister. He argued that, as per the law, a shareholder or director cannot be directly linked to a company's assets, questioning how money could be attributed to Jain when it belongs to the company.
The hearing witnessed various twists, with Chief Justice of India DY Chandrachud explaining the bench reshuffling. CJI Chandrachud cited the matter's listing before a different bench due to issues related to bail extension. The change was prompted by communication from Justice AS Bopanna, citing medical reasons for his inability to continue hearing part-heard matters.
Satyendar Jain, undergoing medical treatment after surgery on July 21, has seen the extension of his interim bail on medical grounds. The Supreme Court initially granted a six-week interim bail on May 26, imposing conditions such as refraining from media interactions and not leaving Delhi without permission. Jain's plea challenges the Delhi High Court's dismissal of his bail application in the money laundering case.
The Delhi High Court, on April 6, rejected Jain's bail plea, citing concerns about his influential status and the potential to tamper with evidence. Despite multiple hearings, the HC reserved its order, emphasizing that Jain couldn't meet the twin conditions of the Prevention of Money Laundering Act. The case involves allegations of Jain acquiring movable properties between 2015 and 2017, which he allegedly couldn't account for satisfactorily.
Jain's legal team had highlighted his deteriorating health, claiming a significant weight loss during his custody. Despite cooperating with the Enforcement Directorate (ED), Jain faces legal battles, contesting the charges against him in the money laundering case.
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