https://www.taxtmi.com/caselaws?id=341505 The note explains that in money laundering prosecutions under the Prevention of Money Laundering Act, bail is subject to the mandatory restrictions in Section 45, which operate notwithstanding the general bail power under Section 439 CrPC. It also states that liability under Section 3 is not limited to the person who committed the scheduled offence; a person who knowingly assists, participates in, or is involved in concealment, possession, use, or projection of proceeds of crime may fall within the provision. The text further notes that Sections 65 and 71 give the PMLA overriding effect, and that a prima facie finding of involvement may justify denial of regular bail. en-us Mon, 10 Apr 2017 00:00:00 +0530 Sat, 30 Dec 2017 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341505 The note explains that in money laundering prosecutions under the Prevention of Money Laundering Act, bail is subject to the mandatory restrictions in Section 45, which operate notwithstanding the general bail power under Section 439 CrPC. It also states that liability under Section 3 is not limited to the person who committed the scheduled offence; a person who knowingly assists, participates in, or is involved in concealment, possession, use, or projection of proceeds of crime may fall within the provision. The text further notes that Sections 65 and 71 give the PMLA overriding effect, and that a prima facie finding of involvement may justify denial of regular bail. Case-Laws Money Laundering Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341505