Punjab & Haryana HC Orders Bail for Neeraj Saluja, Director of SEL Textiles in PMLA Case Over Delayed Trial [Read Order]

The petitioner had been in custody since January 18, 2024, following his arrest by the ED. He had earlier been arrested in 2022 in the predicate FIR filed by the CBI and granted bail in May 2023, after spending over six months in custody
Punjab Haryana High Court - Neeraj Saluja bail - SEL Textiles case - taxscan

The Punjab and Haryana High Court has granted regular bail to Neeraj Saluja, a director of SEL Textiles Limited, in connection with a money laundering case filed by the Enforcement Directorate. The Court cited prolonged incarceration, lack of trial progress, and a judicial stay on further proceedings arising from the predicate offence as key grounds…

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