Delhi Court Eases Bail Conditions for Real Estate Mogul Amit Katyal
A Delhi court has relaxed bail conditions for Amit Katyal, allowing him to travel for religious purposes. Katyal, arrested in a money laundering case, had stringent monthly check-in requirements, which the court eased due to health reasons and investigation completion, permitting travel across Gujarat, Rajasthan, and Maharashtra.
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In a significant development, a Delhi court has eased bail conditions for Amit Katyal, a prominent real estate businessman linked to a high-profile money laundering case involving the family of RJD chief Lalu Prasad. The court's decision allows Katyal to travel to various religious sites across three states including Gujarat, Rajasthan, and Maharashtra.
Additional Sessions Judge Sheetal Chaudhary Pradhan approved Katyal's request, modifying a key bail condition that required his constant appearance before the investigating officer monthly. Katyal argued that the investigation was complete and advocated for his need for spiritual solace due to health issues.
The court's ruling highlighted jurisdictional nuances and balanced the conditions with concerns over economic offences. It noted that Katyal's deteriorating health was compelling, while the economic offences under investigation continued to be serious, involving the diversion of over Rs 503 crore. The decision reflects the complexity of balancing legal obligations with personal circumstances.
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