https://www.taxtmi.com/caselaws?id=407390 Pre-arrest bail in serious economic offences is treated as an extraordinary remedy and may be refused where the allegations disclose a structured scheme requiring tracing of the money trail and effective interrogation. The text notes that diversion of plots, profit booking contrary to licence conditions, and alleged financial loss to the State justified the view that custodial questioning was necessary to uncover the source and destination of proceeds. On that basis, anticipatory bail was declined because granting protection was considered likely to hamper investigation and frustrate meaningful inquiry into the alleged offence. en-us Thu, 08 Apr 2021 00:00:00 +0530 Mon, 10 May 2021 08:49:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407390 Pre-arrest bail in serious economic offences is treated as an extraordinary remedy and may be refused where the allegations disclose a structured scheme requiring tracing of the money trail and effective interrogation. The text notes that diversion of plots, profit booking contrary to licence conditions, and alleged financial loss to the State justified the view that custodial questioning was necessary to uncover the source and destination of proceeds. On that basis, anticipatory bail was declined because granting protection was considered likely to hamper investigation and frustrate meaningful inquiry into the alleged offence. Case-Laws Money Laundering Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407390