Allegation of Siphoning off Amount by Fake Invoices: Delhi HC Grants Bail to Dubai based businessman Ramesh Mangalani under PMLA [Read Order]

Allegation of Siphoning off Amount- Fake Invoices: Delhi HC- Bail- Dubai based businessman- Ramesh Mangalani-PMLA- Delhi HIgh Court-taxscan

The Delhi High Court granted bail to Dubai based businessman Ramesh Mangalani under the Prevention of Money Laundering Act, 2002 (PMLA) on allegation of siphoning off amount by fake invoices. By way of the present petition under section 439 of the Code of Criminal Procedure, 1973 read with section 45 of the Prevention of Money…

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