https://www.taxtmi.com/caselaws?id=407279 Regular bail under the Prevention of Money Laundering Act was considered in light of Section 45 and its proviso for women. The Court noted that the investigation qua the applicant was complete, she had remained in custody since October 2020, she was a woman who had entered the company as an employee, was not named in the original offence, and no material showed receipt of proceeds of crime or monetary benefit. Applying the women-specific proviso to Section 45, the Court treated the rigour of Section 45(1)(ii) as inapplicable and granted bail subject to conditions. en-us Tue, 16 Feb 2021 00:00:00 +0530 Wed, 05 May 2021 08:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407279 Regular bail under the Prevention of Money Laundering Act was considered in light of Section 45 and its proviso for women. The Court noted that the investigation qua the applicant was complete, she had remained in custody since October 2020, she was a woman who had entered the company as an employee, was not named in the original offence, and no material showed receipt of proceeds of crime or monetary benefit. Applying the women-specific proviso to Section 45, the Court treated the rigour of Section 45(1)(ii) as inapplicable and granted bail subject to conditions. Case-Laws Money Laundering Tue, 16 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407279