https://www.taxtmi.com/caselaws?id=429677 The court granted bail to the Applicant in a money laundering case under the Prevention of Money Laundering Act. The court found that the evidence against the Applicant was not strong enough to establish guilt, noting discrepancies in the allegations and lack of sufficient questioning on the financial transactions. Considering the lack of criminal history, the court's belief that the Applicant was unlikely to be convicted, and the delay in trial proceedings, bail was granted with conditions such as surrendering the passport and regular reporting to the Enforcement Directorate. en-us Fri, 01 Jul 2022 00:00:00 +0530 Thu, 03 Nov 2022 09:04:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429677 The court granted bail to the Applicant in a money laundering case under the Prevention of Money Laundering Act. The court found that the evidence against the Applicant was not strong enough to establish guilt, noting discrepancies in the allegations and lack of sufficient questioning on the financial transactions. Considering the lack of criminal history, the court's belief that the Applicant was unlikely to be convicted, and the delay in trial proceedings, bail was granted with conditions such as surrendering the passport and regular reporting to the Enforcement Directorate. Case-Laws Money Laundering Fri, 01 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429677