https://www.taxtmi.com/caselaws?id=402329 Money-laundering bail restrictions override the general bail power under the Code of Criminal Procedure. In allegations involving diversion of homebuyers' funds, shell companies, alleged proceeds of crime and an ongoing money trail investigation, the statutory conditions governing release require particular weight to be given to the gravity and scale of the alleged economic offence. Discretionary release may therefore be refused where the special safeguards under the Prevention of Money Laundering Act are not satisfied and the investigation remains active. en-us Wed, 09 Dec 2020 00:00:00 +0530 Wed, 30 Dec 2020 11:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402329 Money-laundering bail restrictions override the general bail power under the Code of Criminal Procedure. In allegations involving diversion of homebuyers' funds, shell companies, alleged proceeds of crime and an ongoing money trail investigation, the statutory conditions governing release require particular weight to be given to the gravity and scale of the alleged economic offence. Discretionary release may therefore be refused where the special safeguards under the Prevention of Money Laundering Act are not satisfied and the investigation remains active. Case-Laws Money Laundering Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402329