Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
HC granted default bail to accused in money laundering case after detention exceeded statutory 180-day period. Court found prosecution failed to timely file charge-sheet before concerned court despite preparation, constituting non-application of mind by court officials and prosecution. Although trial commenced with six prosecution witnesses examined, accused's statutory right to default bail could not be curtailed due to procedural lapses. Accused released on bail bond of Rs.1,00,000 with one surety of like amount from public servant, subject to conditions imposed by Special Judge. Court emphasized guilt determination awaits trial conclusion but technical violations cannot prejudice accused's statutory rights under money laundering provisions.
HC granted default bail to accused in money laundering case after detention exceeded statutory 180-day period. Court found prosecution failed to timely file charge-sheet before concerned court despite preparation, constituting non-application of mind by court officials and prosecution. Although trial commenced with six prosecution witnesses examined, accused's statutory right to default bail could not be curtailed due to procedural lapses. Accused released on bail bond of Rs.1,00,000 with one surety of like amount from public servant, subject to conditions imposed by Special Judge. Court emphasized guilt determination awaits trial conclusion but technical violations cannot prejudice accused's statutory rights under money laundering provisions.
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