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2025 DAILYLAW 6229 (JHR)

ALOK RANJAN v. THE DIRECTORATE OF ENFORCEMENT

B.A./1651/2025 · 2025-09-08

Ambuj Nath

Criminal Appealbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

(2025:JHHC:27413) IN THE HIGH COURT OF JHARKHAND AT RANCHI B.A. No. 1651 of 2025 Alok Ranjan, aged about 34 years, son of Rajeshwar Prasad, R/o village- + Post- Lebhri, P.S.- Maiguran, Dist.- Siwan, Bihar, at present resident of Anand Vihar Colony, P.O & P.S.- MGM College, Jamshedpur, District- East Singhbum. … Petitioner - Versus - The Directorate of Enforcement … Opp. Party ------ CORAM: - HON’BLE MR. JUSTICE AMBUJ NATH ----- For the Petitioner : Mr. Jitendra Shankar Singh, Advocate : Ms. Shabrin Perween, Advocate For the O.P.-ED : Mr. Amit Kumar Das, Spl.P.P. --- 07/08.09.2025 Heard the parties. The petitioner has been made accused in connection with ECIR Case No.02 of 2023 arising out of ECIR/RNSZO/16/2020, for the offences registered under Sections 3 and 4 of the Prevention of Money Laundering Act, 2022, pending in the court of learned Special Judge PML Act, Ranchi. On 13.11.2019, flat of the present petitioner was raided and on search, Rs.2,67,30,000/- were recovered from there. During the course of investigation, it transpired that main accused Veerendra Kumar Ram had taken the flat on rent from Suresh Prasad Verma and he was paying rent for the said flat. The petitioner is a relative of main accused Veerendra Kumar Ram. It further appears that Rs. 39.00 crores were recovered from various establishment of Veerendra Kumar Ram. It was submitted that the money recovered from the premises allegedly belongs to Veerendra Kumar Ram. It was further submitted that Veerendra Kumar Ram has been granted bail by the Hon’ble Supreme Court vide Criminal Appeal No(s). 4615 of 2024. It was further submitted that flat owner Suresh Prasad Verma has also been made accused in this case and he has also been granted bail by the Hon’ble Supreme Court. Mr. Amit Kumar Das, learned Spl.P.P. has opposed the prayer for bail. Considering the entire facts of this case, I am inclined to enlarge the petitioner on bail. Accordingly, the petitioner, above named, is directed to be released on bail on furnishing bail bonds of Rs. 20,000/- (Rupees twenty thousand) with two sureties of the like amount each, to the satisfaction of learned Special Judge PML Act, Ranchi, in connection with ECIR Case No.02 of 2023 arising out of ECIR/RNSZO/16/2020, subject to condition that he will co-operate in the trial. (Ambuj Nath, J.) Jay/-