https://www.taxtmi.com/caselaws?id=417509 Bail under the Prevention of Money Laundering Act was granted after custodial interrogation had already been completed and no further investigative purpose for continued detention was shown. The Court treated the allegations as limited to issuance of certificates as a Chartered Accountant without verification of the underlying business and Bills of Entry, and held that the prosecution's apprehension alone was insufficient to refuse bail once custody with the Enforcement Directorate had run its course. Bail was therefore allowed subject to conditions. en-us Wed, 29 Dec 2021 00:00:00 +0530 Mon, 05 Feb 2024 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417509 Bail under the Prevention of Money Laundering Act was granted after custodial interrogation had already been completed and no further investigative purpose for continued detention was shown. The Court treated the allegations as limited to issuance of certificates as a Chartered Accountant without verification of the underlying business and Bills of Entry, and held that the prosecution's apprehension alone was insufficient to refuse bail once custody with the Enforcement Directorate had run its course. Bail was therefore allowed subject to conditions. Case-Laws Money Laundering Wed, 29 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417509