The Delhi High Court has issued a notice to the Delhi police and the Enforcement Directorate (ED) on the bail pleas of Avtar Singh Kochar, who is accused in the Rs 200 crore cheating-extortion and money laundering case allegedly involving Sukesh Chandrasekar. The case also involves sections of MCOCA (Maharashtra Control of Organised Crime Act). Kochar has challenged the orders of the trial court, which had denied him regular bail in both the MCOCA and PMLA (Prevention of Money Laundering Act) cases. The Delhi HC has asked the police and ED to file a reply on the bail pleas by July 10. Kochar, who is allegedly involved in a hawala scam, has moved bail pleas through advocate Mrinal Bharat, stating that no new material or monies have been recovered from him since his arrest on September 14, 2021. The accused, who is reportedly suffering from a heart ailment, was previously granted interim bail on several occasions.
Avtar Singh Kochar is a businessman who has been accused in the Rs 200 crore cheating-extortion and money laundering case allegedly involving Sukesh Chandrasekar. He is reported to have received Rs 8-10 crore in cash as commission for hawala. Kochar, who is suffering from a heart ailment, has challenged the orders of the trial court, which had denied him regular bail in both the MCOCA and PMLA cases. Senior advocate Vikas Pahwa is appearing for Kochar, who has moved bail pleas through advocate Mrinal Bharat.
The Rs 200 crore cheating-extortion and money laundering case allegedly involving Sukesh Chandrasekar is still under investigation and it involves sections of MCOCA. The case pertains to an alleged scam involving hawala payments. The accused, Avtar Singh Kochar, has been denied regular bail in both the MCOCA and PMLA cases. The Delhi High Court has issued a notice to the Delhi police and the Enforcement Directorate (ED) on his bail pleas. Kochar is alleged to have received Rs 8-10 crore in cash as commission for hawala, but no new material or monies have been recovered from him since his arrest on September 14, 2021.
