https://www.taxtmi.com/caselaws?id=386188 Regular bail under the Prevention of Money-laundering Act, 2002 was refused because the alleged laundering involved a serious economic offence, the money trail was extensive, and the investigation remained materially ongoing. The HC treated economic offences as a distinct class at the bail stage and found that the record indicated a real risk of the petitioner absconding or influencing the inquiry, including contact with co-accused and possible interference with investigation. On those facts, the Court held that custody had not neutralised the apprehension of flight risk or tampering, and the petition for regular bail failed on merits. en-us Thu, 19 Sep 2019 00:00:00 +0530 Mon, 06 Jan 2020 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386188 Regular bail under the Prevention of Money-laundering Act, 2002 was refused because the alleged laundering involved a serious economic offence, the money trail was extensive, and the investigation remained materially ongoing. The HC treated economic offences as a distinct class at the bail stage and found that the record indicated a real risk of the petitioner absconding or influencing the inquiry, including contact with co-accused and possible interference with investigation. On those facts, the Court held that custody had not neutralised the apprehension of flight risk or tampering, and the petition for regular bail failed on merits. Case-Laws Money Laundering Thu, 19 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386188