https://www.taxtmi.com/caselaws?id=429977 The court granted the petitioner regular bail under Section 4 read with Section 70 of the PMLA due to his deteriorating health condition falling under the "sick" exception in Section 45 of the PMLA. Despite evidence of his involvement in fraudulent activities benefiting from crores of rupees, the court considered his severe comorbidities, including obesity, hypertension, diabetes, and coronary artery disease, as justifying his release on bail. The court emphasized that the decision did not reflect on the merits of the main case and required the petitioner to provide bail bonds/surety bonds to the trial court. en-us Fri, 04 Nov 2022 00:00:00 +0530 Mon, 01 May 2023 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429977 The court granted the petitioner regular bail under Section 4 read with Section 70 of the PMLA due to his deteriorating health condition falling under the "sick" exception in Section 45 of the PMLA. Despite evidence of his involvement in fraudulent activities benefiting from crores of rupees, the court considered his severe comorbidities, including obesity, hypertension, diabetes, and coronary artery disease, as justifying his release on bail. The court emphasized that the decision did not reflect on the merits of the main case and required the petitioner to provide bail bonds/surety bonds to the trial court. Case-Laws Money Laundering Fri, 04 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429977