https://www.taxtmi.com/caselaws?id=423746 Bail under Section 439 CrPC was sought in a prosecution under Sections 3 and 4 of the Prevention of Money Laundering Act, 2002. The Court treated the alleged transfer and withdrawal of substantial funds as an economic offence warranting a stricter approach, and weighed the gravity of the accusation, the material against the accused, the risk of flight, and the that the trial could be affected. On the available material, the Court found no basis to be satisfied that bail should be granted, and bail was refused. en-us Tue, 31 May 2022 00:00:00 +0530 Tue, 14 Jun 2022 08:29:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423746 Bail under Section 439 CrPC was sought in a prosecution under Sections 3 and 4 of the Prevention of Money Laundering Act, 2002. The Court treated the alleged transfer and withdrawal of substantial funds as an economic offence warranting a stricter approach, and weighed the gravity of the accusation, the material against the accused, the risk of flight, and the that the trial could be affected. On the available material, the Court found no basis to be satisfied that bail should be granted, and bail was refused. Case-Laws Money Laundering Tue, 31 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423746