https://www.taxtmi.com/caselaws?id=176295 Regular bail under the Prevention of Money Laundering Act was assessed under Section 45's twin conditions, requiring notice to the prosecution and the Court's satisfaction that there were reasonable grounds to believe the accused was not guilty and would not commit an offence on bail. On the material and the applicant's attributed role, the Court could not reach that satisfaction, so bail was refused. The plea of parity failed because the Section 45 satisfaction must be recorded individually for each accused and cannot be inferred from the treatment of others. Prior proceedings challenging the statutory provisions did not prevent consideration of the bail request, but they did not aid the applicant on merits. en-us Tue, 31 Mar 2015 00:00:00 +0530 Wed, 23 Nov 2016 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176295 Regular bail under the Prevention of Money Laundering Act was assessed under Section 45's twin conditions, requiring notice to the prosecution and the Court's satisfaction that there were reasonable grounds to believe the accused was not guilty and would not commit an offence on bail. On the material and the applicant's attributed role, the Court could not reach that satisfaction, so bail was refused. The plea of parity failed because the Section 45 satisfaction must be recorded individually for each accused and cannot be inferred from the treatment of others. Prior proceedings challenging the statutory provisions did not prevent consideration of the bail request, but they did not aid the applicant on merits. Case-Laws Money Laundering Tue, 31 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176295