PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
The HC dismissed the petitioner's application for bail under Section 439 CrPC in a PMLA prosecution, finding that the petitioner failed to rebut the prima facie case and did not satisfy the statutory twin conditions of Section 45 PMLA; Section 24's presumption that proceeds of crime are involved remained unrebutted. The court observed investigative material-including bank analyses, audit reports, statements under Section 50 PMLA and seizure under Section 17-prima facie established conspiracy and offences under Sections 3 and 4 PMLA. Judicial custody and delay were held insufficient to outweigh the gravity and complexity of the alleged money-laundering offence; the bail plea was dismissed.
The HC dismissed the petitioner's application for bail under Section 439 CrPC in a PMLA prosecution, finding that the petitioner failed to rebut the prima facie case and did not satisfy the statutory twin conditions of Section 45 PMLA; Section 24's presumption that proceeds of crime are involved remained unrebutted. The court observed investigative material-including bank analyses, audit reports, statements under Section 50 PMLA and seizure under Section 17-prima facie established conspiracy and offences under Sections 3 and 4 PMLA. Judicial custody and delay were held insufficient to outweigh the gravity and complexity of the alleged money-laundering offence; the bail plea was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
