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Bail to Unitech founder Chandra in PMLA case
The Morning Standard
|March 22, 2025
THE Delhi High Court on Friday granted bail to 86-year-old Unitech Group founder Ramesh Chandra in a money laundering case registered by the Enforcement Directorate (ED).
The court ruled that Chandra qualified as "infirm" under the proviso to Section 45(1) of the Prevention of Money Laundering Act (PMLA), thereby exempting him from meeting the twin conditions for bail under the statute.
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