https://www.taxtmi.com/caselaws?id=300508 The court granted bail to the petitioner in a case involving offences under the Prevention of Money Laundering Act, 2002. The court considered the petitioner's professional background, minimal flight risk, and prolonged custody period in allowing the bail application. Relying on legal precedents, the court emphasized factors such as severity of punishment, nature of accusation, and prima facie satisfaction of the court in support of the charge. The court disregarded the revived twin conditions under Section 45 of the Act of 2002, emphasizing the timely consideration of bail applications based on legal principles. en-us Fri, 05 Feb 2021 00:00:00 +0530 Mon, 07 Feb 2022 21:12:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300508 The court granted bail to the petitioner in a case involving offences under the Prevention of Money Laundering Act, 2002. The court considered the petitioner's professional background, minimal flight risk, and prolonged custody period in allowing the bail application. Relying on legal precedents, the court emphasized factors such as severity of punishment, nature of accusation, and prima facie satisfaction of the court in support of the charge. The court disregarded the revived twin conditions under Section 45 of the Act of 2002, emphasizing the timely consideration of bail applications based on legal principles. Case-Laws Money Laundering Fri, 05 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300508