https://www.taxtmi.com/caselaws?id=350900 The special bail regime under the Prevention of Money Laundering Act, 2002 prevails over the general power under CrPC Section 439, so regular bail requires satisfaction of the mandatory twin conditions under Section 45 that the accused is not guilty and will not commit an offence while on bail. The Court also treated the reverse burden under Section 24 as relevant to the bail inquiry. On the material, alleged cash deposits, demand drafts in fictitious names, lack of a credible source explanation, and Section 50 statements supported a prima facie case that property linked to a scheduled offence constituted proceeds of crime, justifying denial of regular bail. en-us Fri, 10 Nov 2017 00:00:00 +0530 Sat, 21 Sep 2019 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350900 The special bail regime under the Prevention of Money Laundering Act, 2002 prevails over the general power under CrPC Section 439, so regular bail requires satisfaction of the mandatory twin conditions under Section 45 that the accused is not guilty and will not commit an offence while on bail. The Court also treated the reverse burden under Section 24 as relevant to the bail inquiry. On the material, alleged cash deposits, demand drafts in fictitious names, lack of a credible source explanation, and Section 50 statements supported a prima facie case that property linked to a scheduled offence constituted proceeds of crime, justifying denial of regular bail. Case-Laws Money Laundering Fri, 10 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350900