https://www.taxtmi.com/caselaws?id=387478 Bail under the Prevention of Money Laundering Act was considered under Section 439 CrPC read with Section 65 PMLA, with the Court noting that the predicate income-tax offences were compoundable and that the only scheduled offence invoked was criminal conspiracy under the IPC. On the material before it, the Court found no basis to treat the petitioner as a flight risk, no material showing likely tampering with evidence or influence over witnesses, and significant custodial as well as medical concerns, including cardiac ailments and hospitalisation. Bail was therefore granted on merits and medical grounds, subject to conditions, and the connected applications became infructuous. en-us Wed, 23 Oct 2019 00:00:00 +0530 Wed, 18 Mar 2020 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387478 Bail under the Prevention of Money Laundering Act was considered under Section 439 CrPC read with Section 65 PMLA, with the Court noting that the predicate income-tax offences were compoundable and that the only scheduled offence invoked was criminal conspiracy under the IPC. On the material before it, the Court found no basis to treat the petitioner as a flight risk, no material showing likely tampering with evidence or influence over witnesses, and significant custodial as well as medical concerns, including cardiac ailments and hospitalisation. Bail was therefore granted on merits and medical grounds, subject to conditions, and the connected applications became infructuous. Case-Laws Money Laundering Wed, 23 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387478