The Rouse Avenue Court has dismissed a money laundering case against businessman Ratul Puri, Moser Baer India Limited, and 11 other accused persons, following their discharge in the main case registered by the Central Bureau of Investigation (CBI).
Special Judge (CBI) Sushant Changotra on Thursday (July 24) dismissed the Enforcement Directorate's complaint against Moser Baer India Limited, Ratul Puri, Rajiv Agarwal, Rajiv Saksena, Shivani Saksena, Ajit Singh Bubber, M/S Tanay Holding Ltd., M/S Matrix Group Limited, M/S Pacific International FZC, M/S Tiramisu Holdings INC, M/S Midas Metals International LLC, M/S Indian Hydro Electric Power Pvt Ltd. And M/S Hindustan Power Projects Pvt Ltd.
Special Judge stated, "Thus, in view of the aforementioned facts and settled proportion of law, I am of the considered opinion that the offence under section 3 read with section 70 and punishable under section 4 of PMLA does not survive."
“Accordingly, the present complaint is dismissed. The proceedings of this complaint case stand closed,” Special Judge Changotra ordered on July 24.
However, the court added that ED would be at liberty to reopen proceedings if the discharge order dated May 24, 2025, is set aside by a higher court.
