Delhi HC grants bail to Mukherjea in INX Media money laundering case

New Delhi: In the INX Media money laundering case, a Delhi court granted Peter Mukherjea regular bail on Saturday. Peter Mukherjea, the former Director and Chief Operating Officer of INX Media, was granted bail by Special Judge MK Nagpal.

Sandeep Kapur, Senior Partner, Karanjawala and Co., argued the bail application with the help of counsel Apoorva Pandey, Ashneet Singh, Mridul Yadav, and GG Kashyap. Previously, the court had extended co-accused Mukerjea's interim bail in the case while his regular bail plea was resolved. The same court had already issued summonses to former Union Minister P Chidambaram, his son Karti, and others, including many entities whose names appeared in the INX media case charge sheet.

"I find sufficient material and grounds for proceeding further in the matter against all the ten accused persons named in the complaint, out of which six accused are companies, for the commission of an offence under Section 3 read with Section 70 of the Prevention of Money Laundering Act (PMLA), which is punishable under Section 4 of the said Act," Special Judge MK Nagpal said while taking cognizance on the Enforcement Directorate (ED) charge sheet.

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