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    <title>2015 (12) TMI 1133 - Supreme Court</title>
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    <description>Under the Prevention of Money Laundering Act, 2002, the special bail restrictions in Section 45 prevail over the general bail power under Section 439 CrPC, and the statutory conditions must be satisfied before bail can be granted in cases covered by Part A of the Schedule. The Court treated the PMLA as having overriding effect through its non obstante and consistency provisions, and noted that the seriousness of economic offences and the investigative material are relevant to the bail assessment. On that basis, the High Court was justified in applying Section 45 and refusing bail, and the refusal was upheld.</description>
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    <pubDate>Wed, 16 Dec 2015 00:00:00 +0530</pubDate>
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      <title>2015 (12) TMI 1133 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=269829</link>
      <description>Under the Prevention of Money Laundering Act, 2002, the special bail restrictions in Section 45 prevail over the general bail power under Section 439 CrPC, and the statutory conditions must be satisfied before bail can be granted in cases covered by Part A of the Schedule. The Court treated the PMLA as having overriding effect through its non obstante and consistency provisions, and noted that the seriousness of economic offences and the investigative material are relevant to the bail assessment. On that basis, the High Court was justified in applying Section 45 and refusing bail, and the refusal was upheld.</description>
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      <law>Money Laundering</law>
      <pubDate>Wed, 16 Dec 2015 00:00:00 +0530</pubDate>
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