https://www.taxtmi.com/caselaws?id=408528 Regular bail under the Prevention of Money Laundering Act may be considered by examining the post-amendment position of the statutory bail restrictions, the relevance of the earlier invalidation of the twin conditions, and the burden concerning proceeds of crime. Relevant considerations include the distinction between alleged government-related loss and private transactions, completion of documentary evidence collection, prolonged custody, absence of need for further custodial interrogation, and lack of material indicating flight risk, evidence tampering, or witness influence. The proviso to the bail restriction may support release where its conditions are met. en-us Thu, 06 May 2021 00:00:00 +0530 Sat, 26 Oct 2024 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408528 Regular bail under the Prevention of Money Laundering Act may be considered by examining the post-amendment position of the statutory bail restrictions, the relevance of the earlier invalidation of the twin conditions, and the burden concerning proceeds of crime. Relevant considerations include the distinction between alleged government-related loss and private transactions, completion of documentary evidence collection, prolonged custody, absence of need for further custodial interrogation, and lack of material indicating flight risk, evidence tampering, or witness influence. The proviso to the bail restriction may support release where its conditions are met. Case-Laws Money Laundering Thu, 06 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408528