https://www.taxtmi.com/caselaws?id=417951 Bail under the Prevention of Money Laundering Act was considered in a petition under Section 439 CrPC linked to a scheduled NDPS predicate offence. The court noted that the post-amendment twin conditions in Section 45 and the effect of pending Section 319 proceedings remained unsettled before the Supreme Court, and therefore no firm prima facie finding of guilt could be made at the bail stage. It also found that the prosecution material was insufficient to justify continued custody merely on a speculative link to the predicate offence. Bail was granted, subject to conditions, without expressing any final view on the merits. en-us Thu, 27 Jan 2022 00:00:00 +0530 Fri, 04 Feb 2022 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417951 Bail under the Prevention of Money Laundering Act was considered in a petition under Section 439 CrPC linked to a scheduled NDPS predicate offence. The court noted that the post-amendment twin conditions in Section 45 and the effect of pending Section 319 proceedings remained unsettled before the Supreme Court, and therefore no firm prima facie finding of guilt could be made at the bail stage. It also found that the prosecution material was insufficient to justify continued custody merely on a speculative link to the predicate offence. Bail was granted, subject to conditions, without expressing any final view on the merits. Case-Laws Money Laundering Thu, 27 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417951