Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
HC granted anticipatory bail under PMLA, finding the twin conditions under Section 45 satisfied. The court noted the applicant's consistent cooperation during the 5-year investigation, having appeared 13 times and provided requisite documents. Despite summons, no arrest was attempted by the agency. The court was satisfied reasonable grounds exist suggesting the applicant's innocence, particularly given the chargesheet's filing without custodial investigation. Bail was sanctioned upon furnishing a personal bond of Rs. 200,000 with two similar sureties, subject to agency's satisfaction and specified conditions.
HC granted anticipatory bail under PMLA, finding the twin conditions under Section 45 satisfied. The court noted the applicant's consistent cooperation during the 5-year investigation, having appeared 13 times and provided requisite documents. Despite summons, no arrest was attempted by the agency. The court was satisfied reasonable grounds exist suggesting the applicant's innocence, particularly given the chargesheet's filing without custodial investigation. Bail was sanctioned upon furnishing a personal bond of Rs. 200,000 with two similar sureties, subject to agency's satisfaction and specified conditions.
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