In a significant ruling, a special Prevention of Money Laundering Act (PMLA) court in Mumbai has denied regular bail to Ushik Mahesh Gala, the promoter of Suumaya Group, in connection with a ₹137-crore money laundering case. Gala is accused of misleading Capalpha Trade Pvt Ltd (CTPL) into investing in a non-existent 'Need to Feed' program, which was falsely presented as linked to government initiatives for supplying dry ration kits. The Enforcement Directorate (ED) claims that CTPL transferred approximately ₹325.98 crore between March and August 2021 based on fraudulent representations. The ED highlighted serious concerns regarding evidence tampering and the risk of diversion of funds. While the court rejected Gala's regular bail request, it granted a limited extension of his interim medical bail until April 15, after which he must surrender. The court's decision reflects the serious nature of the allegations and the potential for further criminal activity if bail were granted.