HC rejects Bhujbal's plea to withdraw petition against PMLA

Image
Press Trust of India Mumbai
Last Updated : Nov 10 2016 | 2:28 PM IST
The Bombay High Court has declined to allow beleaguered NCP leader Chhagan Bhujbal, who is facing charges in a money laundering case, to withdraw his petition challenging provisions of Prevention of Money Laundering Act (PMLA) following opposition by Enforcement Directorate.
Bhujbal had urged the High Court to allow him to withdraw his petition as he wanted to file a fresh plea soon.
A vacation bench of Justice M S Karnik observed during the hearing yesterday that a petition cannot be allowed to be withdrawn without the consent of both the sides.
"In this case, ED has vehemently opposed the plea of the petitioner to withdraw the petition in order to enable him file a fresh petition. So I am not inclined to allow the application (Bhujbal) to withdraw his plea," the Judge said.
Bhujbal, through his lawyer Vikram Chaudhary, had challenged sections 19 and 45 of PMLA. Section 19 empowers ED to arrest an accused based on evidence gathered by the agency against the individual, while section 45 deals with bail of the accused.
Bhujbal's counsel urged the court to grant liberty to allow the applicant to withdraw his plea and file a fresh petition soon. However, the High Court refused after the ED objected to the plea.
ED's lawyer Hiten Venegaonkar argued that the agency welcomed the move of the accused to withdraw the petition but was opposed to his plea to file a fresh petition.
The HC also asked Bhujbal's lawyer to approach a regular bench after the Diwali vacation and posted the matter for hearing on November 16.
Bhujbal was arrested in March this year by ED in an alleged money laundering case in which the agency claimed that he had caused a loss of Rs 870 crore to the exchequer.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 10 2016 | 2:28 PM IST

Next Story