https://www.taxtmi.com/caselaws?id=188356 Bail under the Prevention of Money Laundering Act, 2002 was refused because the statutory restrictions in Section 45 were not satisfied and the material disclosed a prima facie case of money-laundering. The Court treated economic offences as requiring a stricter bail approach and applied the test whether there were reasonable grounds to believe the accusation was supported by the record. On the enforcement material, it found a real apprehension that release could hamper the investigation and influence witnesses, so the petitioner was not entitled to bail at that stage. en-us Wed, 03 Dec 2014 00:00:00 +0530 Mon, 28 Nov 2016 11:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188356 Bail under the Prevention of Money Laundering Act, 2002 was refused because the statutory restrictions in Section 45 were not satisfied and the material disclosed a prima facie case of money-laundering. The Court treated economic offences as requiring a stricter bail approach and applied the test whether there were reasonable grounds to believe the accusation was supported by the record. On the enforcement material, it found a real apprehension that release could hamper the investigation and influence witnesses, so the petitioner was not entitled to bail at that stage. Case-Laws Money Laundering Wed, 03 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188356