In Brief
Krishna Mohan Tripathi, a former Chief Regional Manager of IRCTC, was accused under the Prevention of Money Laundering Act (2002) with alleged proceeds of crime valued at ₹1,38,63,445. He had been in custody since November 2019. The High Court had rejected his bail plea but allowed him to apply afresh if trial did not conclude within six months. After six months, the trial remained at an initial stage with only one witness's examination-in-chief incomplete out of 13+ witnesses. The Supreme Court held that continued detention did not serve justice and allowed his bail with conditions including non-alienation of attached properties and cooperation with the trial.
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