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Delhi HC Upholds Bail in NSE Call-Interception Case, Cites PMLA Order

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Summary

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  • The Delhi High Court has upheld the bail granted to retired IPS officer Sanjay Pandey and former NSE MD Chitra Ramakrishna in the NSE call-interception case, emphasizing that PMLA bail orders are relevant in connected CBI cases.
  • The Court dismissed the CBI's challenges, noting that both cases arise from the same factual foundation and that previous bail conditions were appropriately considered.
  • Justice Madhu Jain clarified that while PMLA judgments are not binding, they are significant in assessing bail in related proceedings.
  • This ruling could set a precedent for how interconnected cases are handled regarding bail considerations across different legal frameworks.

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