https://www.taxtmi.com/caselaws?id=360164 After the twin conditions under Section 45 of the PMLA were struck down, bail in a money-laundering case had to be assessed on ordinary merits. The Court considered that the evidence was largely documentary, statements had been recorded, the petitioners had undergone custody, and the trial was moving slowly; on that basis, regular bail was granted. It also noted that depositing demonetized currency in one's own account was not, by itself, an offence under the notification and that the predicate case had proceeded without arrest. en-us Thu, 10 May 2018 00:00:00 +0530 Tue, 11 Sep 2018 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360164 After the twin conditions under Section 45 of the PMLA were struck down, bail in a money-laundering case had to be assessed on ordinary merits. The Court considered that the evidence was largely documentary, statements had been recorded, the petitioners had undergone custody, and the trial was moving slowly; on that basis, regular bail was granted. It also noted that depositing demonetized currency in one's own account was not, by itself, an offence under the notification and that the predicate case had proceeded without arrest. Case-Laws Money Laundering Thu, 10 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360164