https://www.taxtmi.com/caselaws?id=408662 A bail restriction under Section 45 of the Prevention of Money Laundering Act, 2002 that had been declared unconstitutional was not automatically revived by the 2018 amendment merely substituting the wording on scheduled offences, absent retrospective validating legislation. The commentary also notes that where investigation is substantially complete, the complaint and reports have been filed, and relevant material is already seized, regular bail may be granted on conditions despite disputed allegations. It further states that the court need not conduct a mini trial at the bail stage on whether Section 420 of the Indian Penal Code applies, leaving that issue for trial or other appropriate proceedings. en-us Wed, 02 Jun 2021 00:00:00 +0530 Sat, 26 Oct 2024 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408662 A bail restriction under Section 45 of the Prevention of Money Laundering Act, 2002 that had been declared unconstitutional was not automatically revived by the 2018 amendment merely substituting the wording on scheduled offences, absent retrospective validating legislation. The commentary also notes that where investigation is substantially complete, the complaint and reports have been filed, and relevant material is already seized, regular bail may be granted on conditions despite disputed allegations. It further states that the court need not conduct a mini trial at the bail stage on whether Section 420 of the Indian Penal Code applies, leaving that issue for trial or other appropriate proceedings. Case-Laws Money Laundering Wed, 02 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408662