Extended period of limitation unsustainable; allowable deductions for prompt payment discounts, pro rata recovery, freight and VAT led to demand being...
Prima facie satisfaction of the twin conditions under the PMLA governs entitlement to regular bail: where material on record does not show direct overt acts linking the accused to a money trail and investigation qua the accused is substantially complete, courts may grant bail subject to stringent conditions. Parity with co-accused already released is a relevant factor favouring bail. Speculative or generalized apprehensions of tampering or reoffending are insufficient to justify continued custody when tailored conditions (reporting, non-contact with witnesses, passport surrender, etc.) can mitigate risks and Article 21 protections apply.
Prima facie satisfaction of the twin conditions under the PMLA governs entitlement to regular bail: where material on record does not show direct overt acts linking the accused to a money trail and investigation qua the accused is substantially complete, courts may grant bail subject to stringent conditions. Parity with co-accused already released is a relevant factor favouring bail. Speculative or generalized apprehensions of tampering or reoffending are insufficient to justify continued custody when tailored conditions (reporting, non-contact with witnesses, passport surrender, etc.) can mitigate risks and Article 21 protections apply.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
