Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
HC grants bail in money laundering case involving alleged fund misappropriation. The court found that twin conditions under PMLA Section 45 do not preclude bail, considering prolonged judicial custody, absence of direct evidence linking applicant to proceeds of crime, and unlikely near-term trial completion. The arrest was deemed procedurally defective due to lack of written grounds. Bail granted subject to standard conditions, with court emphasizing the applicant's right to personal liberty under Article 21, notwithstanding ongoing investigation and complex financial fraud allegations.
HC grants bail in money laundering case involving alleged fund misappropriation. The court found that twin conditions under PMLA Section 45 do not preclude bail, considering prolonged judicial custody, absence of direct evidence linking applicant to proceeds of crime, and unlikely near-term trial completion. The arrest was deemed procedurally defective due to lack of written grounds. Bail granted subject to standard conditions, with court emphasizing the applicant's right to personal liberty under Article 21, notwithstanding ongoing investigation and complex financial fraud allegations.
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