PMLA proceedings against Director of Newsclick studio: Delhi HC Grants Anticipatory bail considering prolonged investigation

The Delhi High Court has granted anticipatory bail to the director of NewsClick Studio in PMLA (Prevention of Money Laundering Act) proceedings, citing "prolonged investigation." The court's decision was based on the fact that the director had cooperated with the investigation and that the Enforcement Directorate (ED) had not established a need for his custodial interrogation. The ruling highlights a cautious judicial approach, where courts grant bail in financial crime cases when the investigation has dragged on for an unreasonable period.