Proceeds of crime: provisional attachment confirmed; equivalent value attachment and acquisition date fair market value upheld, Covid exclusion preser...
Effective service requirement: officers must explore alternative service modes beyond the GST portal and afford personal hearing; non-compliance voids...
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.
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