https://www.taxtmi.com/caselaws?id=395717 Anticipatory bail under Section 438 CrPC may be refused in a prosecution under the Prevention of Money Laundering Act, 2002 where the alleged laundering is treated as a serious economic offence and the surrounding circumstances do not justify extraordinary relief. The Court considered the gravity of the offence, the material already on record, and the prior dismissal of the challenge to cognizance, and held that the discretion to grant anticipatory bail should not be exercised. Anticipatory bail was declined and the application was rejected. en-us Mon, 01 Jun 2020 00:00:00 +0530 Thu, 04 Jun 2020 05:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395717 Anticipatory bail under Section 438 CrPC may be refused in a prosecution under the Prevention of Money Laundering Act, 2002 where the alleged laundering is treated as a serious economic offence and the surrounding circumstances do not justify extraordinary relief. The Court considered the gravity of the offence, the material already on record, and the prior dismissal of the challenge to cognizance, and held that the discretion to grant anticipatory bail should not be exercised. Anticipatory bail was declined and the application was rejected. Case-Laws Money Laundering Mon, 01 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395717