https://www.taxtmi.com/caselaws?id=294347 In bail proceedings under the Prevention of Money Laundering Act, 2002, where the applicants had already obtained bail in the scheduled offence under the NDPS Act on a prima facie finding that they were not guilty and would not commit further offence, the Court treated the laundering allegation as dependent on the same foundational facts and alleged proceeds of crime. It held that the statutory scheme links money-laundering to the scheduled offence, so a contrary prima facie satisfaction under the PMLA bail provision could not be sustained on the same material. On that basis, the twin conditions for bail were not treated as defeating release, and bail was granted subject to conditions. en-us Mon, 10 Aug 2009 00:00:00 +0530 Wed, 07 Apr 2021 11:44:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294347 In bail proceedings under the Prevention of Money Laundering Act, 2002, where the applicants had already obtained bail in the scheduled offence under the NDPS Act on a prima facie finding that they were not guilty and would not commit further offence, the Court treated the laundering allegation as dependent on the same foundational facts and alleged proceeds of crime. It held that the statutory scheme links money-laundering to the scheduled offence, so a contrary prima facie satisfaction under the PMLA bail provision could not be sustained on the same material. On that basis, the twin conditions for bail were not treated as defeating release, and bail was granted subject to conditions. Case-Laws Money Laundering Mon, 10 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294347