https://www.taxtmi.com/caselaws?id=364892 The court granted bail to the petitioner in a case under the Prevention of Money Laundering Act (PMLA) despite serious allegations of receiving cash payments and diverting funds to purchase properties illicitly. The court considered evidence of cash transactions and property acquisitions but emphasized the need for a joint trial with the pending case under the Prevention of Corruption Act. The petitioner was released on bail with specific conditions to ensure compliance and non-interference, balancing the gravity of the accusations with the legal provisions for bail. en-us Mon, 06 Aug 2018 00:00:00 +0530 Wed, 19 Jun 2019 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364892 The court granted bail to the petitioner in a case under the Prevention of Money Laundering Act (PMLA) despite serious allegations of receiving cash payments and diverting funds to purchase properties illicitly. The court considered evidence of cash transactions and property acquisitions but emphasized the need for a joint trial with the pending case under the Prevention of Corruption Act. The petitioner was released on bail with specific conditions to ensure compliance and non-interference, balancing the gravity of the accusations with the legal provisions for bail. Case-Laws Money Laundering Mon, 06 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364892