https://www.taxtmi.com/caselaws?id=300508 The amended bail provision under Section 45 of the Prevention of Money Laundering Act was not treated as reviving the twin conditions after the earlier declaration of unconstitutionality, so bail was assessed on ordinary principles. Applying those principles, the Court considered the petitioner's prior bail in the predicate case, limited alleged assets, about five months' custody, the presence of government witnesses, likely trial delay, and the absence of a real risk of flight or witness intimidation. Bail was granted, and release was ordered on terms to be fixed by the trial court. 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 amended bail provision under Section 45 of the Prevention of Money Laundering Act was not treated as reviving the twin conditions after the earlier declaration of unconstitutionality, so bail was assessed on ordinary principles. Applying those principles, the Court considered the petitioner's prior bail in the predicate case, limited alleged assets, about five months' custody, the presence of government witnesses, likely trial delay, and the absence of a real risk of flight or witness intimidation. Bail was granted, and release was ordered on terms to be fixed by the trial court. Case-Laws Money Laundering Fri, 05 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300508