https://www.taxtmi.com/caselaws?id=194779 Section 45 of the Prevention of Money Laundering Act requires compliance with its mandatory twin conditions before bail can be granted: the Public Prosecutor must be given an opportunity to oppose the application, and the court must be satisfied that there are reasonable grounds to believe the is not guilty and is not likely to commit an offence while on bail. Sections 65 and 71 give the special statute overriding effect, so the general bail power under the Code of Criminal Procedure applies only if consistent with the Act. Bail granted without satisfying Section 45 was therefore unsustainable, and the release order was set aside. en-us Fri, 21 Jul 2017 00:00:00 +0530 Tue, 26 Sep 2017 10:35:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194779 Section 45 of the Prevention of Money Laundering Act requires compliance with its mandatory twin conditions before bail can be granted: the Public Prosecutor must be given an opportunity to oppose the application, and the court must be satisfied that there are reasonable grounds to believe the is not guilty and is not likely to commit an offence while on bail. Sections 65 and 71 give the special statute overriding effect, so the general bail power under the Code of Criminal Procedure applies only if consistent with the Act. Bail granted without satisfying Section 45 was therefore unsustainable, and the release order was set aside. Case-Laws Money Laundering Fri, 21 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194779