https://www.taxtmi.com/caselaws?id=413187 Bail in a money-laundering prosecution under the PMLA remains governed by the special restrictions in Section 45, even where the petition is moved under Section 439 CrPC. The Court noted that bail can be considered only if there are reasonable grounds to believe the accused is not guilty and is not likely to commit an offence while on bail, and that the PMLA's overriding regime cannot be diluted by general bail principles. Although the accused had spent a substantial period in custody, the seriousness of the allegations and the quantum involved weighed against release, and bail was not granted. en-us Fri, 24 Sep 2021 00:00:00 +0530 Wed, 06 Oct 2021 08:47:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413187 Bail in a money-laundering prosecution under the PMLA remains governed by the special restrictions in Section 45, even where the petition is moved under Section 439 CrPC. The Court noted that bail can be considered only if there are reasonable grounds to believe the accused is not guilty and is not likely to commit an offence while on bail, and that the PMLA's overriding regime cannot be diluted by general bail principles. Although the accused had spent a substantial period in custody, the seriousness of the allegations and the quantum involved weighed against release, and bail was not granted. Case-Laws Money Laundering Fri, 24 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413187