https://www.taxtmi.com/caselaws?id=402294 Pre-arrest protection was declined in a money-laundering investigation under the Prevention of Money Laundering Act, 2002, because the investigation was still in progress and the applicant had not yet been finally arrayed as an accused. The Court considered the seriousness of the alleged economic offence and noted that arrest under the Act is to be exercised by senior officers on sufficient grounds. On the material then available, the request for anticipatory bail was held premature, and the statutory power of arrest was not interfered with. en-us Wed, 28 Oct 2020 00:00:00 +0530 Thu, 27 May 2021 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402294 Pre-arrest protection was declined in a money-laundering investigation under the Prevention of Money Laundering Act, 2002, because the investigation was still in progress and the applicant had not yet been finally arrayed as an accused. The Court considered the seriousness of the alleged economic offence and noted that arrest under the Act is to be exercised by senior officers on sufficient grounds. On the material then available, the request for anticipatory bail was held premature, and the statutory power of arrest was not interfered with. Case-Laws Money Laundering Wed, 28 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402294