https://www.taxtmi.com/caselaws?id=429730 The court denied the petitioner's request for anticipatory bail in a case involving allegations of money laundering under the Prevention of Money Laundering Act. The petitioner, linked to an NGO's financial operations, was found to have received laundered funds, created fixed deposits, and used illegal cash for transactions. The court determined that the petitioner knowingly concealed proceeds of crime and engaged in activities to acquire properties. The petitioner was directed to surrender and seek regular bail, with the court emphasizing the seriousness of the offenses and the need for further legal proceedings. en-us Tue, 13 Sep 2022 00:00:00 +0530 Thu, 03 Nov 2022 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429730 The court denied the petitioner's request for anticipatory bail in a case involving allegations of money laundering under the Prevention of Money Laundering Act. The petitioner, linked to an NGO's financial operations, was found to have received laundered funds, created fixed deposits, and used illegal cash for transactions. The court determined that the petitioner knowingly concealed proceeds of crime and engaged in activities to acquire properties. The petitioner was directed to surrender and seek regular bail, with the court emphasizing the seriousness of the offenses and the need for further legal proceedings. Case-Laws Money Laundering Tue, 13 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429730