In March, the ED arrested Malik in the case and subsequently a special court for the Prevention of Money Laundering Act (PMLA) cases rejected his bail applications. Malik has now moved the High Court for bail.
Anil Ambani got relief from the High Court in the same month when the court directed the Income Tax department not to take any coercive action against the industrialist on a show-cause notice seeking to prosecute him under the Black Money Act. Year Ender 2022: From Political Legal Battles to Cases Against Alleged Maoists, List of Significant Trials Heard by Maharashtra Courtrooms.