The Delhi High Court has granted bail to Amitabh Jhunjhunwala, a former senior executive of the Anil Dhirubhai Ambani Group (ADAG), in an alleged bank loan fraud-linked money laundering case.
Mr. The court directed that Mr. Jhunjhunwala, arrested on April 15 by the Enforcement Directorate, sought regular bail on medical grounds in the case. Jhunjhunwala be released on a personal bond of ₹1 lakh and two sureties of like amount.
The judge said the material before the court disclosed a “combination of advanced age, significant spinal pathology, osteoporosis, the requirement of supervised rehabilitation, and a pre-existing cardiac condition requiring continued management. In the judgement passed on Tuesday (September 22), the court rejected the proposition that the petitioner must first reach a stage of “irreversible or imminent danger to life” before the proviso to Section 45(1) can be invoked for granting bail on account of him being “sick or infirm”, asserting that the object of a medical exception is not to wait until the consequences of inadequate treatment become irreversible, but to permit intervention in appropriate cases.
