Overview

• The court held daily hearings for at least ten days before rejecting the bail application.
• Majithia has been in judicial custody since July 6, with his remand extended multiple times and next set to expire on August 28.
• The Punjab Vigilance Bureau’s FIR alleges that preliminary investigations traced more than Rs 540 crore of narcotics-linked funds laundered through schemes facilitated by Majithia.
• The disproportionate-assets case draws on a 2018 special task force report and a 2021 NDPS probe that first booked him under drug laws.
• Investigators continue to conduct raids and seize documents across Punjab as the DA probe progresses.