The Directorate of Enforcement appealed to the Supreme Court in the money laundering case involving businessman Satinder Singh Bhasin, challenging a lower court order favorable to the accused, according to May 27, 2026, court listings. The agency argued that trial court reasoning improperly curtailed investigative powers under the Prevention of Money Laundering Act.
Prosecutors maintain that financial trails link alleged proceeds of crime to properties and accounts requiring continued attachment. Defense counsel contended that evidentiary standards for custody and summons were not met at the prior stage.
Money laundering jurisprudence in India frequently reaches the apex court on questions of dual bail, attachment continuity, and predicate offense linkage. The bench will examine whether procedural safeguards were observed during agency raids and statements.
Business communities monitor the appeal for signals on enforcement intensity against white-collar suspects. Banking compliance officers review know-your-customer alerts tied to related entities named in filings.
A hearing date will determine whether interim protections for the accused persist during Supreme Court review. Orders from this appeal may clarify evidentiary thresholds for ED challenges to lower court relief.
Asset forfeiture units maintained attachments pending supreme court guidance on evidentiary thresholds for money laundering predicates. Corporate governance advisors reminded boards to document source-of-funds trails for large transactions.
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Sources:
https://www.sci.gov.in/latest-orders/