NPCI-based bank account validation for IEC applications and modifications enables real-time validation; incorrect details block submission or trigger ...
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Calendar Spread margin benefit for Single Stock Derivatives suspended on expiry day for expiring contracts; exchanges must implement systems and rule ...
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Capital gains valuation from stamp assessment versus net consideration for residential reinvestment: deemed stamp value replaced for gains but not for...
PMLA bail requires satisfaction of the twin conditions that there are reasonable grounds to believe the accused is not guilty and will not commit any offence while on bail. On the investigation material, including statements, email and WhatsApp communications, supporting agreements and alleged bank guarantee documentation, the Court found a prima facie case and could not disregard the prosecution version at the bail stage. The accused's claims of lack of knowledge, official capacity, prior complaint and absence of proceeds of crime were treated as trial issues. Regular and interim bail were refused because the statutory conditions were not met.
PMLA bail requires satisfaction of the twin conditions that there are reasonable grounds to believe the accused is not guilty and will not commit any offence while on bail. On the investigation material, including statements, email and WhatsApp communications, supporting agreements and alleged bank guarantee documentation, the Court found a prima facie case and could not disregard the prosecution version at the bail stage. The accused's claims of lack of knowledge, official capacity, prior complaint and absence of proceeds of crime were treated as trial issues. Regular and interim bail were refused because the statutory conditions were not met.
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