https://www.taxtmi.com/caselaws?id=416694 A complaint filed within the statutory period does not defeat default bail under Section 167(2) CrPC if the complaint itself shows that investigation remains incomplete and continuing. The court noted that the Enforcement Directorate's complaint recorded ongoing tracing of proceeds of crime, so it could not be treated as a completed investigation for custody purposes. Section 44 Explanation (ii) of the Prevention of Money Laundering Act permits further investigation and a later complaint, but it does not authorise piecemeal or indefinite investigation to nullify the statutory time limit for bail. The applicants were therefore entitled to release on default bail. en-us Mon, 20 Dec 2021 00:00:00 +0530 Thu, 06 Jan 2022 07:11:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416694 A complaint filed within the statutory period does not defeat default bail under Section 167(2) CrPC if the complaint itself shows that investigation remains incomplete and continuing. The court noted that the Enforcement Directorate's complaint recorded ongoing tracing of proceeds of crime, so it could not be treated as a completed investigation for custody purposes. Section 44 Explanation (ii) of the Prevention of Money Laundering Act permits further investigation and a later complaint, but it does not authorise piecemeal or indefinite investigation to nullify the statutory time limit for bail. The applicants were therefore entitled to release on default bail. Case-Laws Money Laundering Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416694