https://www.taxtmi.com/caselaws?id=430331 In a PMLA prosecution, regular bail was granted because the material did not prima facie establish that the accused, who was not named in the predicate FIR or final report, had derived or possessed proceeds of crime from a scheduled offence. The Court also noted that investigation had substantially progressed, the record had been seized, and further custody was not shown to be necessary for recovery or effective interrogation. The petitioner's serious medical conditions, including diabetes, obesity, liver cirrhosis and prior heart surgery, were treated as a significant factor supporting release on stringent conditions. en-us Thu, 10 Nov 2022 00:00:00 +0530 Thu, 17 Nov 2022 09:12:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430331 In a PMLA prosecution, regular bail was granted because the material did not prima facie establish that the accused, who was not named in the predicate FIR or final report, had derived or possessed proceeds of crime from a scheduled offence. The Court also noted that investigation had substantially progressed, the record had been seized, and further custody was not shown to be necessary for recovery or effective interrogation. The petitioner's serious medical conditions, including diabetes, obesity, liver cirrhosis and prior heart surgery, were treated as a significant factor supporting release on stringent conditions. Case-Laws Money Laundering Thu, 10 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430331