https://www.taxtmi.com/caselaws?id=292518 After the invalidation of the twin bail conditions under Section 45(1) of the Prevention of Money Laundering Act, 2002 and the subsequent amendment, a fresh bail application was maintainable. Applying ordinary bail principles, the Court treated liberty, the accused's conduct, and the risk of flight or interference with trial as the governing considerations. Bail was granted because the accused had cooperated in investigation, had not been arrested during investigation, no material showed tampering with evidence or influencing witnesses, custody had already continued for a substantial period, and the alleged laundering amount was below one crore rupees. en-us Thu, 19 Jul 2018 00:00:00 +0530 Mon, 28 Dec 2020 20:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292518 After the invalidation of the twin bail conditions under Section 45(1) of the Prevention of Money Laundering Act, 2002 and the subsequent amendment, a fresh bail application was maintainable. Applying ordinary bail principles, the Court treated liberty, the accused's conduct, and the risk of flight or interference with trial as the governing considerations. Bail was granted because the accused had cooperated in investigation, had not been arrested during investigation, no material showed tampering with evidence or influencing witnesses, custody had already continued for a substantial period, and the alleged laundering amount was below one crore rupees. Case-Laws Money Laundering Thu, 19 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292518