https://www.taxtmi.com/caselaws?id=395716 The Court granted bail to the petitioner in a case involving a complaint under Section 4 of the Prevention of Money-Laundering Act, 2002. The petitioner, who had been in custody for over eleven months, sought bail citing completion of investigation, trial delays due to COVID-19, and property discovery below one crore rupees. Despite opposition from the Union of India based on the gravity of economic offences and the petitioner's criminal record, the Court considered the lack of convictions in most cases and the need to ensure trial attendance. Bail was granted with conditions to secure the petitioner's presence for trial, following legal principles on bail from relevant Supreme Court judgments. en-us Fri, 29 May 2020 00:00:00 +0530 Thu, 04 Jun 2020 05:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395716 The Court granted bail to the petitioner in a case involving a complaint under Section 4 of the Prevention of Money-Laundering Act, 2002. The petitioner, who had been in custody for over eleven months, sought bail citing completion of investigation, trial delays due to COVID-19, and property discovery below one crore rupees. Despite opposition from the Union of India based on the gravity of economic offences and the petitioner's criminal record, the Court considered the lack of convictions in most cases and the need to ensure trial attendance. Bail was granted with conditions to secure the petitioner's presence for trial, following legal principles on bail from relevant Supreme Court judgments. Case-Laws Money Laundering Fri, 29 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395716