https://www.taxtmi.com/caselaws?id=411705 Anticipatory bail in a money-laundering prosecution was assessed against the background of Section 438 CrPC and the special bail conditions under Section 45 of the Prevention of Money Laundering Act, 2002. The Court held that the twin conditions in Section 45 could not be used to exclude consideration of pre-arrest bail in the manner urged, but found the allegations of concealment of proceeds of crime, manipulation of records, and a larger economic-offence conspiracy sufficient to justify custodial interrogation. Treating economic offences as a distinct class requiring stricter scrutiny, the Court declined anticipatory bail and rejected the application. en-us Thu, 26 Aug 2021 00:00:00 +0530 Wed, 01 Sep 2021 08:59:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411705 Anticipatory bail in a money-laundering prosecution was assessed against the background of Section 438 CrPC and the special bail conditions under Section 45 of the Prevention of Money Laundering Act, 2002. The Court held that the twin conditions in Section 45 could not be used to exclude consideration of pre-arrest bail in the manner urged, but found the allegations of concealment of proceeds of crime, manipulation of records, and a larger economic-offence conspiracy sufficient to justify custodial interrogation. Treating economic offences as a distinct class requiring stricter scrutiny, the Court declined anticipatory bail and rejected the application. Case-Laws Money Laundering Thu, 26 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411705